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ZKSpace can be traded using Coinbase Wallet, your key to the world of crypto.

About ZKSpace

ZKSwap or ZKS is a token swap protocol over ZK-Rollup technology and a Layer-2 decentralized exchange (DEX). Layer-2 is a secondary protocol built on top of the existing blockchain to enhance transaction speed and eliminate scaling difficulties. The whitepaper describes ZK-Rollup as the off-chain or Layer-2 scalability solution. With ZK-Rollups, ZKSwap seeks to provide a seamless decentralized exchange platform to crypto users. ZKSwap operates over ZKSpace, which is a full-fledged Layer-2 protocol.

Since 2019, the blockchain industry has witnessed the tremendous growth of decentralized finance (DeFi) products. The rise of DeFi has led to the emergence of new decentralized exchange (DEX) protocols. Despite that, existing DEX protocols have many issues, such as high transaction fees and inefficient transaction processing time hindering the trading experience of many crypto users. ZKSwap with ZK-Rollup seeks to solve the problem through a Layer-2 scalability solution. Compared with other Layer-2 scalability solutions, ZK-Rollup aims to provide enhanced security, cost, and usability and facilitates the creation of Layer-2 DEX.

Moreover, ZKSwap seeks to allow the transfer of ERC-20 tokens to Layer-2 without compromising the confidentiality of the data. By doing so, the token aims to enable every exchange to happen on Layer-2 in real-time. Additional benefits ZKSwap aims to have are the following:

ZKS is an ERC20 token of the platform. The governance token of ZKSpace is gZKS. gZKS holders get the right to propose an idea and vote. Users can obtain these tokens by locking ZKS in the protocol. Only holders with 50,000 or more gZKS tokens can submit a proposal in ZKSpace.

L2 Labs launched the ZKSwap project under ZKSpace, a Layer-2 protocol. The platform also launched ZKSea in 2021, which is an NFT product.

Market

Spain Market Stats

Market cap

€9.0M

Volume (24h)

€2.3M

Circulating supply

197.4M ZKS

All time high

€10.65

Price change (1h)

-1.36%

Price change (24h)

-6.43%

Price change (7d)

+45.56%

Spain News about ZKSpace

BeInCrypto • Apr 30, 24

Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify

Vitalik Buterin introduces new cryptographic methods, Plonky2 and Binius, utilizing smaller and binary fields to significantly speed up blockchain proof verifications.The post Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify appeared first on BeInCrypto.

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The Block • Apr 30, 24

BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund hits $375 million AUM

BlackRock's BUIDL hit $375 million assets under management, beating out Franklin Templeton's on-chain mutual fund FOBXX by nearly $7 million.

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Decrypt • Apr 30, 24

Bitcoin Is 'Only Crypto Asset' That Will Get SEC Approval for ETFs: Michael Saylor

MicroStrategy founder and chairman Michael Saylor suggests that Ethereum won't see the same kind of spot ETF approval that Bitcoin did.

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DL News • Apr 30, 24

What will push Solana back to its $260 all-time high? Three analysts weigh in

Solana is a favorite amongst memecoin traders, institutional investors, and developers.

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The Block • Apr 30, 24

Ex-Revolut exec raises $6.5 million for hybrid crypto exchange X10

Led by former Head of Crypto Ops at Revolut Ruslan Fakhrutdinov, the new platform aims to combine the best of CeFi and DeFi.

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CoinDesk • Apr 30, 24

‘It's Modding, But on Steroids’: Mark Long on the Future of Web3 Gaming

Shrapnel, a blockchain-infused first-person shooter game, is expected to be released in 2025. Its creator gives a preview to Jeff Wilser ahead of his appearance at Consensus 2024.

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ZKSpace is on the rise this week.

The price of ZKSpace has decreased by 1.36% in the last hour and decreased by 6.43% in the past 24 hours. ZKSpace’s price has also risen by 45.56% in the past week. The current price is €0.0456 per ZKS with a 24-hour trading volume of €2.26M. Currently, ZKSpace is valued at 99.57% below its all time high of €10.65. This all-time high was the highest price paid for ZKSpace since its launch.

The current circulating supply of ZKSpace is 197,440,000 ZKS which means that ZKSpace has as total market cap of 197,440,000.

FAQ

What is the current price of ZKSpace?

We update our ZKSpace to EUR currency in real-time. Get the live price of ZKSpace on Coinbase.

What is the market cap of ZKSpace?

The current market cap of ZKSpace is €9.02M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ZKSpace?

The all-time high of ZKSpace is €10.65. This all-time high is highest price paid for ZKSpace since it was launched.

What is the 24 hour trading volume of ZKSpace?

Over the last 24 hours, the trading volume of ZKSpace is €2.26M.

What other assets are similar to ZKSpace?

Assets that have a similar market cap to ZKSpace include Torum, Islamic Coin, Polkadex, and many others. To see a full list, see our comparable market cap assets.

How many ZKSpace are there?

The current circulating supply of ZKSpace is 197 million.

Can I buy ZKSpace on Coinbase?

Yes, ZKSpace is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy ZKSpace guide.