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DEX logs into Layer2 network, the era of low-cost transactions is coming
【BitPush】A well-known DEX has launched on a Layer2 network operated by a leading exchange. This deployment means that users of the network can now directly access this DEX’s trading markets, including various crypto token trading pairs and liquidity mining pools. Most importantly, all transactions are executed within the low-cost environment of the Layer2 network, and the DEX official does not charge users any additional fees.
It is understood that this Layer2 network will go live in 2024, adopting an EVM-compatible architecture design, positioned as the infrastructure layer for the exchange’s DeFi ecosystem. The network has already been deeply integrated with the exchange’s wallet products and trading platform, allowing users to seamlessly transfer assets from the mainnet to the Layer2 network for interaction, making the entire process quite smooth. Such deployment not only reduces users’ trading costs but also further enriches the DeFi application ecosystem of this Layer2 network.