ZeroSwapLabs Welcome Arbitrum in it's Gasless Ecosystem

Nov 18, 2022

We are super happy to announce the addition of another chain to our gasless universe! After launching our Gasless ZeroSwapDEX on Binance Smart Chain, Polygon, Avalanche, Fantom, Celo, Optimism and Ethereum in recent times, it is time to relieve you from paying any gas and provide a seamless swapping experience on the Arbitrum Chain! It is the first step we are taking towards gasless swaps on Arbitrum!

Arbitrum is an L2 scaling solution for Ethereum, which offers a unique combination of benefits. The roll-up technology behind it significantly boosts Ethereum smart contracts, making it attractive for many developers.

Arbitrum's Rapid Network Growth

  • ~300K+ daily transactions.
Source - Nansen
  • 1.8M+ unique addresses with over 15K daily increment.
  • Total Value Bridged in Eth over $1.97M

dApps, Services, and DeFi on Optimism

Arbitrum has seen an influx of projects deploying their dApps to Arbitrum. These include innovative application providers and protocols that support pioneering work in DeFi and now include ZeroSwap's Gasless DEX!

What are the prerequisites? NONE!

Users can access the gasless swaps on the Arbitrum chain without staking. Just Connect > Select and ZeroSwap!

Arbitrum is the leading layer 2 Ethereum scaling solution that uses optimistic rollups (ORUs), and based on the latest 2022 statistics, is showing healthy growth in terms of:

  • unique addresses
  • transaction volume
  • deposit addresses
  • total deposits

Although the entire market has been in a downward trend since the beginning of the year, user-based statistics show that Arbitrum's ecosystem, user activity, and developer communities are growing.

Why Arbitrum?

Arbitrum currently leads layer-2 usage, with a market share of 41% and TVL of over US$2.72 billion.

Arbitrum allows for 40,000 transactions per second (TPS), significantly more than Ethereum’s 15 to 30 TPS for Ethereum. Transaction fees on Arbitrum are currently about three times lower compared to using the Ethereum base layer.

Attracted by lower transaction costs, users turn to Arbitrum when using dApps on Ethereum that require transactions, such as Aave and Uniswap. There are currently 280,000 unique addresses on Arbitrum — an increase of over 4,000% since the beginning of September.

The Roadmap Moving Forward — ZeroSwap x Arbitrum

  • ZeroSwap will provide gasless swaps and gasless launch of tokens on Arbitrum.
  • After successfully launching the Gasless ZeroSwapDEX on Arbitrum, our next move is to integrate the chain on the P2E Leaderboard for Arbitrum users to swap their favourite tokens on-chain and win while they do so!
  • Through DeFi Wizard, our B2B division, we aim to help all businesses with their Smart Contract needs on the Arbitrum Chain via our 1-stop solution for all your requirements.

About ZeroSwap

ZeroSwap provides users a simplified way to swap on multichains with zero gas fees. We pay gas for users when they swap on-chain using meta-transactions.

We are live on Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Optimism, Celo & Arbitrum.

In addition, our product suite includes the Gasless ZeroSwapDEX, Staking, IDO platform ZeeDO and our native Bi-directional Bridge, and a B2B Service Based Product called DeFi Wizard.

Join Us!

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