Ethereum’s ZigZag DEX to Launch New Order Book Version on Arbitrum Network, Introduces Meta Trade

According to reports, the official Twitter account of Ethereum’s second layer ZKRollup order book DEX ZigZag has announced that the new version of the order book will be launched on the Arbitrum network free of protocol fees DEX, and will soon launch a breakthrough feature: Meta Trade. Super trading will eliminate the need for continuous wallet confirmation during DEX transactions. It provides a Web2.0 like experience. Implemented through two key components: the Forwarder and Session Keys. In addition, ZigZag will be launched on zkSync Era as soon as possible.

ZigZag launches a new version of the order book DEX on Arbitrum

Cryptocurrency enthusiasts and investors have been buzzing about Ethereum’s second layer scaling solutions designed to reduce gas fees and improve network transaction speeds. Decentralized exchanges (DEXs) built on top of these scaling solutions are considered the future for secure and efficient transactions. One of such DEXs is ZigZag, a dynamic DEX that has been gaining attention for its innovative solutions.
According to reports, ZigZag has announced the launch of the new version of its order book on the Arbitrum network, which eliminates protocol fees for transactions on the DEX. This move is part of the DEX’s strategy to make its ecosystem more robust and accessible to users.

New Launch on the Arbitrum Network

ZigZag DEX has established itself as an innovative DEX with a mission to revolutionize the process of decentralized trading. The launch of its new version on the Arbitrum network is a testament to the DEX’s commitment to providing decentralized trading solutions that are faster, more affordable, and easier.
The Arbitrum network, which is a layer-two scaling solution build on Ethereum, will allow ZigZag users to experience secure, seamless transactions with minimal gas fees. The order book version on the Arbitrum network is expected to experience massive adoption among traders looking for a faster decentralized trading experience. ZigZag’s presence on the Arbitrum network is predicted to push more developers to build on the network, enhancing its capabilities.

Introducing Meta Trade

ZigZag has wowed the industry again with the introduction of Meta Trade, a feature that will eliminate the need for continuous wallet confirmation during DEX transactions. The Meta Trade feature is expected to provide a Web2.0-like experience on the DEX and revolutionize the way transactions are executed on decentralized exchanges.
Meta Trade is implemented via two key components, the Forwarder, which is responsible for forwarding and co-signing an order to the order book, and the Session Keys, which will facilitate the signing of multiple orders in one transaction. Meta Trade is an improvement on the traditional Ethereum model of constantly switching between trading and wallet apps during transactions, enhancing the user experience and transaction speeds.

Launch on zkSync Era

ZigZag DEX has also announced plans to launch on the zkSync Era, a layer-two scaling solution that is faster and more secure. The era was created to enhance existing DEXs’ operations, making them more efficient and secure. The launch on the zkSync Era is a strategic move by ZigZag to position itself as an industry leader in decentralized trading and offer users a choice in trading platforms.

Conclusion

The cryptocurrency market is becoming more competitive than ever, and ZigZag DEX’s moves to improve its services is a smart business decision. With the launch of the new order book version on the Arbitrum network, the introduction of the Meta Trade feature, and the planned launch on the zkSync Era, the DEX is on the right path to becoming a leader in decentralized trading.

FAQs

Q1. What is ZigZag DEX?
ZigZag DEX is a decentralized exchange built on Ethereum and designed to enhance decentralized trading, reduce transaction fees, and improve transaction speeds.
Q2. What is Arbitrum Network?
Arbitrum Network is a layer-two scaling solution to Ethereum designed to reduce gas fees and improve transaction speeds.
Q3. What is Meta Trade?
Meta Trade is a feature that eliminates the need for constant wallet confirmation during DEX transactions. It is implemented via the Forwarder and Session Keys components.