Monthly Community Report, July 2023

In the ever-evolving world of DeFi, June has been a captivating month filled with notable incidents. Despite all these, the SyncSwap community demonstrated its resilience and unwavering support, always adhering to the true narrative behind every event exemplifying its strong community-driven ethos.

Deployment of Linea Test Network

In pursuit of its manifesto of delivering a seamless trading experience, SyncSwap integrated the Linea network. This network's first deployment in the test phase provided public access, showcasing its potential.

Inclusion on zkSync Portal

With zkSync Portal's recent UI revamp for enhanced user experience, SyncSwap earned a distinguished spot among the listed projects, showcasing its prominence.

Integration of dappOS Technology

SyncSwap embraced the first web3 unified operating protocol, dappOS, incubated by Binance lab. The integration aimed to provide easier and more secure access to the DeFi ecosystem.

Deployment of Linea Main Network

Following extensive testing, Linea mainnet by LineaBuild was launched, and SyncSwap promptly joined the Mainnet. This move aimed to onboard more users to the new scaling solution, ensuring a seamless DeFi experience.

Completion of the Second Audit on Vortex and Governance Contract

In preparation for the highly anticipated SyncSwap DAO system, a second audit was diligently conducted, partnering with reputable firm PeckShield. Detailed audit information can be accessed here: Governance second Audit

Partnership with TinyWorldGameFi

Tiny World's captivating blend of NFTs, DeFi, and Gaming joined forces with SyncSwap, creating an enthralling and unique experience.

Integration of Move in zkDX

SyncSwap introduced Move, a bridging service facilitating easy transfers between zkSync Era and ETH mainnet assets not yet whitelisted on zkSync Era bridge portal, broadening access to its utilities.

Move is powered by zkSync Era's official bridge.

Collaboration with zkFox

Partnering with zkFox, a DeFi ecosystem leveraged income aggregator, zkFox integrated "Move," further enhancing their offerings.

Major Milestone: $2 Billion in Trading Volume

On 24th July 2023, SyncSwap celebrated a momentous achievement, surpassing $2 billion in trading volume, marking a significant milestone in its growth.

SyncSwap x Sender Partnership

SyncSwap and Sender collaborated to enable seamless interactions between multiple networks through Sender's web3 wallet.

SyncSwap x XOX Labs Alliance

XOX Labs, a Next-Gen Multichain DeFi Dapps & Web3 Solutions Provider, joined hands with SyncSwap. This partnership will integrate SyncSwap trade routes into XOX Labs' Dex aggregator V2 and establish an XOX token liquidity pool in SyncSwap.

SyncSwap x Interport

Interport integrated SyncSwap trade routes in their automated price aggregation, Interport facilitates efficient cross-chain trades across all supported networks, ensuring the best rates for users.

SyncSwap x Pinako Integration

SyncSwap integrated with Pinako, a next-gen Decentralized Perpetual Trading Platform, offering users access to the $PIKO/ETH pool on the SyncSwap platform.

SyncSwap x KyberNetwork

SyncSwap partnered with KyberNetwork to provide users with new liquidity options and seamless trades at optimized rates, revolutionizing DeFi opportunities on zkSync.

Stay tuned for more exciting updates as SyncSwap continues to drive innovation and growth in the DeFi space!