ZK Tech Powers a New Era of Scalable DeFi
- DeFi platforms Brevis and Kwenta partner to integrate ZK technology, enhancing onchain trading scalability and efficiency via off-chain computation. - Brevis' ZK coprocessor reduces gas fees and preserves privacy, while Kwenta's derivatives exchange gains faster execution and lower costs for sUSD-backed trades. - The collaboration aligns with ZK-driven industry trends, addressing blockchain scalability as DeFi TVL approaches $300B, and attracts institutional traders seeking verifiable solutions. - ZK inf
DeFi platforms Brevis and Kwenta have formed a strategic alliance to advance onchain trading using zero-knowledge (ZK) technology, representing a notable step forward in the scalability and performance of decentralized finance, as reported by a
Brevis operates as a ZK coprocessor platform, utilizing zero-knowledge proofs (ZK-SNARKs) to handle intensive computations off the blockchain and then submit authenticated outcomes on-chain. This method enables developers to manage substantial data processing without facing excessive gas expenses, a long-standing issue in DeFi. By converting intricate calculations into verifiable proofs, Brevis upholds data accuracy and user confidentiality. The platform also offers a developer SDK for creating custom logic and circuits, making it easier to build ZK-powered applications, according to the report.
Kwenta, a decentralized derivatives platform on
This partnership highlights a growing movement in the industry where ZK technology is being used to solve blockchain scalability challenges. With DeFi’s total value locked (TVL) expected to near $300 billion by 2025, Layer 2 solutions like Optimism and
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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