![](https://assets-currency.kucoin.com/667163b6a404930001a86508_ZKX%20logo.png)
ZKX (ZKX) is a decentralized cryptocurrency exchange focusing on perpetual futures trading. It operates on Starknet, an Ethereum Layer 2 scaling solution. This platform aims to combine the performance of centralized exchanges (CEXs) with the security and decentralization of decentralized exchanges (DEXs).
ZKX uses a unique liquid governance model. Token holders can stake their ZKX tokens to gain digital shares, which grant governance rights and protocol rewards. This model ensures active participation from the community, not just large token holders.
The ZKX platform also features an innovative Appchain to manage trading activities efficiently. It enables seamless liquidity and interoperability across different blockchain networks.
Investors in ZKX include notable firms like StarkWare and Hashkey Capital. The project has raised $4.5 million in seed funding and completed a thorough audit by Nethermind.
ZKX is a DEX on Starknet, a Layer 2 scaling solution for Ethereum. It focuses on perpetual futures trading, offering high performance and security. ZKX uses StarkNet's Layer 2 technology, which processes transactions off-chain and then rolls them up into a single transaction on-chain. This reduces costs and increases transaction speed.
Unlike traditional exchanges, ZKX uses a decentralized order book, allowing users to trade directly with each other without intermediaries. ZKX introduces a liquid governance model. You can stake ZKX tokens to earn digital shares. These shares grant governance rights and protocol rewards, encouraging active community participation.
ZKX integrates an Appchain to manage critical functions like deleveraging and liquidations, ensuring efficient and secure trading. By staking ZKX tokens, you earn rewards and gain voting power. The more you participate in trading and staking, the more rewards you get.
ZKX ensures seamless interoperability across different blockchains, providing a smooth trading experience without being restricted to a single chain.
ZKX was founded by a team that includes Naman S., Alexander Levashov, Swathi Reddy, and Vishnu C. The project officially launched its platform and began gaining traction in the DeFi sector around mid-2023.
ZKX has secured partnerships with various notable organizations, including StarkWare, and has raised $4.5 million in seed funding from investors such as Hashkey Capital. This financial backing has helped ZKX to develop its platform and expand its offerings.
The $ZKX token serves multiple functions within the ZKX platform:
ZKX has a total supply of 100,000,000 tokens. At launch, 10.2% of the total supply will be in circulation. The ZKX token distribution is as follows:
Tokens allocated to team members, advisors, and private sale participants are vested over a period of 30 months, with an initial 20% unlock at the token listing.
Period | Change | Change (%) |
---|---|---|
Today | $-0.004 | -4.44% |
7 Days | $-0.025 | -22.52% |
30 Days | $-1.41 | -94.27% |
3 Months | $-1.41 | -94.27% |
These advantages position ZKX as a promising investment in the DeFi space, combining innovative technology, strong governance, and robust financial support.
The ZKX crypto price predictions is influenced by several key factors:
To stake $ZKX tokens on the ZKX DEX platform, follow these steps: