DerpDEX, the most meme-able DEX ever - is now LIVE on the zkSync Era Testnet!
DerpDEX is built on the ZkSync Era Chain, which is Ethereum-compatible, and you can use any EVM-compatible wallet to interact with DerpDEX. If it’s your first time exploring DerpDEX, please read this article.
Testnet is used for testing and experimentation without risk to real funds or the main chain. In DerpDEX’s case, we are testing in zkSync Era Testnet.
DerpDEX wants to gather the user experience and gain more awareness from users. By engaging the community users to use our protocols, we can ensure the safety of the user funds before going for mainnet.
DerpDEX aims to be the leading concentrated liquidity DEX with an all-in-1 DeFi ecosystem on L2 zkSync that provides superior performance for traders, liquidity providers, and new project launches with all-in-1 DeFi infrastructure tools.
DerpDEX features UniV3 concentrated liquidity market making algo AMM on zkSync ERA and Initial Derp Offering (IDO) launchpad focusing on new token launch to drive growth and TVL on DerpDEX.
Here are some features we are launching in the First Phase of our Testnet!
1/ Token Swap It allows users to exchange one ERC20 token for another ERC20 token based on the existing liquidity in the specific token pools.
2/ Provide Liquidity using CLMM It is using a concentrated liquidity automated market maker that enhances capital efficiency with better UX and fee-adjusted pricing. This not only allows LPs to earn a higher return on their capital but also dramatically increases trade execution, which can now be comparable to or even surpass the quality of both centralized exchanges and stablecoin-focused AMMs.
3/ Faucet The faucet allows testnet users to get free testing tokens to make transactions on the DerpDEX testnet.
4/ Analytics The analytics provide more detailed data about liquidity pools and tokens and help keep track of the token and pool history easily.
5/ Smart Routing The smart router will find the best path among different pools and support multiple hops and route splitting to provide the best price with more efficient liquidity to users.
6/ Permit It allows approvals to be shared across different smart contracts in a single transaction flow by sending a signature along with the transaction data for any token. So users can approve multiple tokens if the swap routes include multiple hops or routes with different tokens at a time.
You can now try our demo on the zkSync Era Testnet.
We encourage everyone to join the Derps and try out the Tesnet! Be among the first to laugh, trade, and ride the meme rollercoaster with DerpDEX.
To get started, make sure you have enough Testnet ETH for gas! You can claim some from the zkSync Era Official Faucet.
ZKsync Bridge | Transfer funds between ZKsync and Ethereum
With the ZKsync Bridge you can easily deposit tokens to ZKsync. Enjoy faster, cheaper and more efficient transactions with the future proof zkEVM scaling Ethereum's security and values.
Here’s complete information (with screenshots!) on how you can perform the Testnet. DerpDex Testnet: Get started!
Getting Started | DerpDex.com
DerpDEX is built on the zkSync ERA and Base chain which are Ethereum compatible including opBNB (BNB Layer-2 Optimistic Rollup) and you can use any EVM-compatible wallet to interact with DerpDEX. To add the zkSync ERA network to your wallet, you can try adding the below credential to you respective wallet.
REMINDER IN SWAPPING: Please only use a small amount (less than 200 usd worth), to avoid causing problems, because our current liquidity pools are limited also. The one you got from our faucet will do!**
…and of course, there is always more with DerpDEX 😏**
We are giving away exciting prizes for all Derp Testers from June 13 - 27, 2023! Check out the links below for the complete details. Join now, Derp!
DerpDEX combines the best of web3: the perfect blend of “DeFi + memes + NFTs” powering the meme movement on L2 zkSync network. By restoring the old glory of derps as internet sensations designed to entertain degens worldwide, we are making derps great again.
Trade, earn, stake, and launch crypto with the most ̶a̶u̶t̶i̶s̶t̶i̶c̶ best DEX on the internet. Make derp great again!
DerpDEX | Link3
Trade 🧐, earn 🤑, stake 🤩 , and launch 🤯 crypto with the best DEX on the internet. Mainnet now LIVE on zkSync, Base and opBNB Chain!
