zkSync is an Ethereum layer-2 network expansion solution based on the ZK Rollups architecture. It will launch the main network Fair Onboarding Alpha on February 16, 2023. At this stage, only registered projects are allowed to test and are not open to end users. On March 24, 2023, the mainnet of zkSync Era will be open to everyone. At the same time, zkSync 2.0 will be renamed to zkSync Era, and zkSync 1.0 will be renamed to zkSync Lite.

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1、TVL

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2. Activity on the chain

According to browser data, zksync era has processed about 21 million transactions on the chain since its launch, and has 1.7 million independent addresses. Affected by the arbitrum airdrop, Zksync has achieved high activity on the chain since its launch. At the beginning of the launch, the number of daily active addresses fluctuated in the range of 60-80k, and dropped to a low of about 30k in early May. The next sharp rise.

On May 11, OKX Wallet launched Cryptopedia, a one-stop DApp exploration and airdrop interactive platform, with zkSync Era as the theme of the first issue, and set up a zkSync Era interactive zone. In addition to potential airdrop rewards, users who complete interactive tasks can also draw NFTs of five different rarities jointly designed by OKX Wallet and zkSync. Affected by this activity, the activity on the zksync era chain increased significantly. At the same time, OKX opened the deposit and withdrawal of zkSync Era mainnet assets on May 20.

zkSync Era's metaverse projectzkApesThe $ZAT airdrop was launched on May 10, and the time for claiming the airdrop was subsequently shortened to one week. Before the deadline for claiming the airdrop on May 17, the activity on the zksync era hit a new high. On the day when the airdrop ended, $ZAT had 655,000 currency-holding addresses, surpassing USDC to become the second largest token in zksync era, after ETH.

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3. Cross-chain funds

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4. Ecological projects

According to defillama statistics, the current top five zksync era ecological TVL are all decentralized exchanges.

SyncSwap has trading, liquidity mining and launchpad (not started) functions. Currently, 85% of TVL is concentrated in USDC/ETH Pool, and APR is 25%.

Syncswap plans to issue 100 million SYNC tokens (not listed), and will launch the transaction mining activity "SyncSwap Loyalty Program" on April 10. The platform will allocate a total of 900,000 SYNC for the genesis epoch, and the genesis epoch will last for 30 days , ends May 10.

Users can get 1 ySYNC for every $1 transaction fee generated. In the genesis epoch, users have a total of mint 1.18 M ySYNC (that is, a total of 1.18 m USD transaction fee), and 900,000 SYNC are distributed on average according to the amount of ySYNC held. Finally, every 1 ySYNC can get about 0.76 SYNC. Currently the activity is paused after the genesis epoch.

iZUMi Finance is a multi-chain one-stop Liquidity as a Service (LaaS) protocol, which currently supports four chains: ETH, Arbitrum, Polygon and zksync era.

The innovative discrete liquidity DL-AMM (Discretized Liquidity AMM) mechanism used by iZiswap is similar to the liquidity book mechanism of trader joe. It was released earlier, but it did not cause extensive discussions similar to the liquidity book at that time. DL-AMM allocates liquidity at certain fixed prices to further improve capital efficiency. At the same time, iZiswap pro also provides an order book trading method.

LiquidBox is iZUMi's liquidity mining solution based on Uniswap V3 LP. The project party can set incentives for LPs within a specific value range through LiquidBox. When users pledge V3 LP tokens to the iZUMi protocol, they can obtain incentives within the corresponding range.

The relevant data of the agreement is quite different from the official website of defilama. The figure below shows the TVL and transaction volume displayed on the official website.

The platform token IZI was launched in December 2021 and has been listed on exchanges such as bybit, kucoin, and gate. After a long period of decline, zksync rebounded significantly after its launch in April this year.

MuteIt is the first batch of DEX on zkSync Era, in addition to trading and providing liquidity,MuteAlso launched Amplifier, Bonds, and DAO Governance features. Users can purchase MUTE Token with a 7-day lock-up period at a discount of MUTE/ETH LP with Bonds. MUTE Token has been launched on bitget, and the token price soared when the zkync era mainnet was launched, and then basically continued the downward trend of shocks. The current main TVL is concentrated in the USDC/ETH Pool, with an APR of 28%.

Velocore is the first ve(3, 3) DEX built on the basis of Solidly and Velodrome on the zksync era. On April 3 and 4, 2023, private sale and public sale were held on its own launchpad platform, private sale hardtop 90 ETH, the hard cap of public sale is 450 ETH, achieving over 500% and 1814% over-raising respectively. The raising price is 0.0000207 ETH and 0.0000229 ETH, which is equivalent to $ 0.037/$ 0.041. The highest rise is about 6 times, and the current price is maintained at About 2 times the income.

SpaceFiIt is a cross-chain platform connecting Cosmos and the Ethereum Layer 2 ecosystem. It currently integrates Evmos and ZkSync, and its products include DEX+NFT+Launchpad+Spacebase. Spacebase is an on-chain community. Creating and joining Spacebase can increase mining rewards. Currently, a total of 18 spacebases have been created, and a total of about 30,000 people have joined the space. On May 6, spacefi adjusted the economic model of the platform token SPACE, reducing the maximum supply from 600 m to 100 m, and at the same time burned 40 M Initial Supply. The current market value of space is only 780,000 knives, and the transaction volume is also low .

Zigzag is a decentralized order book exchange, the first dex of zkSync 1.0, currently supports zksync lite and arbitrum. On March 3, 2023, more than 100,000 users received an airdrop of the platform token $zz, accounting for 34% of the total token supply. The zigzag team also developed zkasico, a decentralized betting platform. Platform bet tokens include usdc, usdt, zz, and eth.

Nexon was among the first lending protocols to launch zkSync Era, now renamed Eralend. From the announced token model, 61% will be used for community incentives, 10% will be used for IDO, 15% will be allocated to DAO, 12% will be allocated to the team, 2% will be allocated to advisors, and the portion allocated to the team and advisors will be 6 month lock-up period. Due to the delayed launch of tokens and the diversion of activity by other protocols, Eralend's current TVL growth rate is slow, only around $2.5 million.

Reactor Fusion is currently the largest TVL lending agreement on the zkSync Era, and one of the few projects on zkSync that issued coins. TVL is around $3.43 million, and currently only supports ETH and USDC assets.

UniDex is a derivative DEX protocol founded in April 2022. It was initially on the Fantom chain, and then expanded to Optimism, zksync era and other public chains and the second layer. Currently, TV L3 is $870,000, of which TVL on zksync era is about $1.6 million.

Onchain Trade, a spot and derivatives DEX protocol built on zksync era, currently has a small TVL of $670,000. Its token is OT, which will carry out IFO in March 2023. The public offering price is 0.15 US dollars.

References:

References:

https://l2beat.com/scaling/tvl

https://app.artemis.xyz/dashboard/zksync

https://zksync2-mainnet.zkscan.io/

https://www.okx.com/cn/help-center/okx-wallet-launches-cryptopedia-a-one-stop-dapp-exploration-and-airdrop