What is the ZKX Protocol? — A Complete Guide

Introduction to the Inception

Why did we choose to build a DEX > CEX?

The DeFi Nodus

What is ZKX? Starknet’s first perpetual futures DEX with self custody and true community governance.

The Tech

  1. DEX users can now switch from automated market makers (AMMs) to a decentralized limit order book (DLOB) without intermediaries.
  2. The DLOB directly interacts between users, smart contracts, and the ZKX node, providing the much-needed security and reliability users demand.
  3. The ZKX Decentralized Node Network hosts the DLOB, data provider services, price engine, and trade matching component, all while ensuring DLOB security through a new custom made consensus algorithm and a future permissionless node client, one of its most innovative features.
  1. The Data Provider Service (DPS) serves as a bridge between external data sources and ZKX’s pricing allowing for greater flexibility in procuring assets, data sources, and prices.
  2. It enhances the system’s scalability since all order book matches will happen off chain within the node network
  3. That said, all fundamental checks are still within the L2 of Starknet. The order book will always be validated within the ZK-rollups and ZK-proofs framework to ensure security and privacy.

Tokenomics and Why do we stand out with Liquid Governance?

How does it work?

Our UI game

ZKX Community

Conclusion

  1. ZKX raises $4.5m in Seed Round
  2. ZKX announces Audit Completion with Nethermind
  3. ZKX Partners with RedStone for Data Integration
  4. ZKX Architecture: A deep dive

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Bringing the CEX experience to Starknet. The first perpetual futures DEX with self-custody. Testnet in Q1 2023 ⌛ Powered by @StarkWareLtd ⚡

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ZKX

Bringing the CEX experience to Starknet. The first perpetual futures DEX with self-custody. Testnet in Q1 2023 ⌛ Powered by @StarkWareLtd ⚡