SyncSwap is an open- source and composable protocol designed to facilitate easy integration and adoption within the zkSync ecosystem. By removing barriers to entry, SyncSwap encourages developers and projects to adopt and build on the zkSync network. It is a powerful decentralized exchange built on Ethereum's future frontier, zkSync 2.0. So, SyncSwap naturally offers low-cost fees while inheriting full security.
SyncSwap was founded in April 2022. There are no open members of this organization. So, we cannot see the team members on the SyncSwap website. Matter Labs is the team behind SyncSwap. He is aware of the critical role of cryptography in protecting freedom. Cryptography, especially zero-knowledge proofs, enables individuals to resist powerful enemies, making it a core technology for public, permissionless blockchains. Matter Labs prioritizes cryptographic solutions to maximize security and insecurity in the system. One of the key principles of Matter Labs is community ownership. They emphasize the importance of open- source all codebases, ensuring transparency and allowing the community to contribute to the development and improvement of the ecosystem. Adopting free open source licenses, Matter Labs enables developers to use their tools and further the cause of freedom.
|Product||Yield||Chain||Term||Yield||Yield Trend||TVL||TVL Trend|
SyncSwap supports over 4 currencies including Symbiosis.
|Automatic market maker||Yes|
|Crypto to crypto exchange||Yes|
|Fiat to crypto exchange||No|
|Pro exchange marketplace||No|
|Peer to peer exchange||Yes|
|Know your customer||No|
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