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    ApeX Omni x zkLink: Elevating Multi-chain Liquidity Trading via zkLink X

    Jun 20, 2024

    3 min read

    DEX

    Apex

    ApeX Omni

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    In the fast-paced world of decentralized finance (DeFi), innovation drives evolution, and ApeX Omni is at the forefront with its groundbreaking approach to multi-chain liquidity trading. Partnering with zkLink X, ApeX Omni is set to redefine how users interact with decentralized exchanges (DEXs) across multiple blockchains.

    Let's dive in!

    ApeX Omni: A New Era of DEX Trading

    In case you missed it, this week saw the launch of ApeX Omni, our highly anticipated new product line, which is introducing an aggregated multichain liquidity trading framework built on modular, intent-centric architecture.

    ApeX Omni is designed to revolutionize DEX trading, offering innovative features and robust performance. Enjoy lightning-fast transaction speeds of 3,000 transactions per second (tps), with up to 100x leverage, and zero gas fees. Experience low slippage, minimal taker fees (2.5 basis points), and 0 maker fees.

    What's more, exciting new features are on the horizon, including trading spot and pre-market assets, and diving into ApeX Vaults to leverage and monetize your trading skills, or explore advanced trading strategies to earn passive income from professional traders.

    ApeX Omni has been designed from the ground up to prioritize user intent, support and draw liquidity from any blockchain, and offer a flexible modular framework. This architecture isn't just about convenience; it's about security too, thanks to zero-knowledge proofs ensuring transactions are safe and transparent.

    Empowering Omnichain Trading with zkLink X

    One of ApeX Omni’s standout features is its integration with zkLink X, which enables seamless multi-chain liquidity aggregation.

    Leveraging our partnership with zkLink, ApeX Omni delivers a product where users can access and trade native tokens from various Layer 1 and Layer 2 chains directly through a unified interface. No more navigating complex bridges between chains — just smooth, efficient trading with reduced fees and risks.

    ApeX Omni utilizes zkLink X's robust technology for transaction execution and settlement. Using zero-knowledge proofs, zkLink X ensures transactions are processed swiftly and with utmost security, guaranteeing a seamless trading experience across different chains.

    With zkLink X, Omni creates a cost-efficient, fast, secure and multi-chain solution for our DEX traders:

    1. Cost-Efficiency: zkLink X uses a TS-zkVM with optimized zk circuits, enabling ApeX Omni to operate a cost-efficient orderbook DEX. Gas costs are up to 90% lower than those of the next competitor, thanks to the app-rollup batching transactions before sending them to the L2, which performs another batch of transactions and eventually settles on Ethereum. Additionally, the remaining gas costs are subsidized by the ApeX team, ensuring traders enjoy a gasless trading experience on the Omni orderbook.

    2. Fast Multi-Chain Solution: Users can deposit assets on ApeX Omni from any supported chain, such as Arbitrum, BNB Chain, and Ethereum, streamlining the user experience. Leveraging the SDKs and APIs provided by zkLink X, ApeX can seamlessly integrate with different chains, significantly simplifying the integration process. What would typically take a year has been accomplished in just a few months.

    3. Security: In addition to offering high capital efficiency and an omnichain solution with a user experience similar to centralized exchanges, ApeX Omni, leveraging zkLink X infra, implements robust security to ensure the utmost protection of user assets and transactions. Transactions on ApeX Omni are safeguarded with a multi-chain infrastructure solution utilizing zero-knowledge proofs and multi-state synchronization powered by a light oracle network. Transaction proofs on ApeX Omni are first committed on the host chain, which sends sync hashes through secure messaging channels for multi-state synchronization. This guarantees state consistency between the primary chain and the secondary chains, preventing deposit fraud. This ensures that all transactions on ApeX Omni are fast, secure, and decentralized.

    Looking Ahead: Transforming DEXs for the Future

    We are thrilled to partner with zkLink to offer users state-of-the-art tools through ApeX Omni, ensuring security, privacy, and seamless trading across chains in a chain-agnostic manner.

    By embracing zkLink X’s technology, ApeX Omni aims to lead the charge in creating a more connected, secure, and efficient decentralized financial ecosystem. The future promises more accessible and comprehensive multi-chain liquidity aggregation, setting new standards in decentralized trading.

    As ApeX Omni continues to evolve with zkLink X, we’re excited about the possibilities this collaboration unlocks for the DeFi community. Stay tuned as we push the boundaries of what’s possible in decentralized finance, making trading easier, safer, and more accessible than ever before. Get started with ApeX Omni:

    About zKLink

    zkLink develops zero-knowledge blockchain solutions for the Ethereum ecosystem. Its flagship zero-knowledge Aggregated Layer 3 zkEVM Rollup network, zkLink Nova, is designed to bridge the gap among different Layer 2 rollup ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs.

    zkLink is funded by notable backers including Coinbase Ventures, Solana Ventures, SIG DTI, Huobi Ventures, Efficient Frontier, and others.

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