Why NovaSwap？
Last updated
Last updated
NovaSwap is a unique AMM DEX that leverages Uniswap V3 code and the multi-chain asset trading features of zkLink Nova. It allows users to freely trade assets from multiple blockchain networks without switching out of the Layer 3 network.
NovaSwap provides top-tier security for your entire trading journey:
Using battle-tested code, s robust and thoroughly tested code mitigates smart contract vulnerabilities and protects user funds. By leveraging this established foundation, we prioritize the safety and security of our platform for all users.
NovaSwap leverages ’s zkEVM network architecture to achieve Ethereum-grade security. Every transaction users submit is secured by verification. Backed by zkLink Nexus technology, all on-chain transaction will be verified by their sync hashes forwarded via canonical rollup bridge, preventing all types of deposit fraud risks.
NovaSwap offers multi-layer yields to users when they provide liquidity, giving them the ability to accrue additional yields on their LP Tokens. These types of yields are L2 Points, LSD Yields, LRT Points, zkLink Nova Points, Trading Fee Revenues, and NovaSwap protocol rewards (coming soon).
On NovaSwap, users can enjoy a one-stop shop DEX platform that offers up to five layers of streamlined revenue from complex L2 ecosystems. For example:
Stake your ETH on to enjoy the platform’s staking revenue;
Re-stake Lido stETH on to enjoy Puffer Points;
Deposit pufETH into and receive Nova Points;
Add pufETH to NovaSwap's liquidity pool, where users will receive trading fees and NOVA token rewards(coming soon)!
More details on unique multi-layer yield strategies can be found in our ! (More details will be updated at a later stage)
NovaSwap launches a powerful paymaster feature, enabling users to pay for gas fees with other tokens instead of ETH, such as $ZKL, $USDC, $USDT, $WBTC. Users can now seamlessly swap and trade tokens on NovaSwap without worrying about having sufficient ETH for gas fees.
Without the limitation of work with AAs(Abstract Account), NovaSwap’s paymaster fully supports EOAs, enabling a broader range of users to benefit from gasless transactions.
NovaSwap is an AMM DEX built on the zkLink Nova network and can provide traders with the highest liquidity and assets:
Higher Capital Efficiency: Concentrate your liquidity within your desired price ranges and points.
Scalability: Using ZKPs, zkLink Nova can handle up to 1k+ TPS.
Cost Reduction: Nova offers extremely low transaction gas cost.
When users select other supported tokens to pay Gas fees, NovaSwap utilizes the Paymaster and UserOperation object automatically, based on the , for a seamless user experience.