KyberSwap, a major multi-chain DeFi aggregator and liquidity platform, has announced a significant change to its offerings. Starting July 1, support for the ZKsync Era network will be removed from its aggregator.
What’s Happening with KyberSwap and ZKsync Era?
KyberSwap is ceasing the aggregation of liquidity sources on the ZKsync Era network. This means that when users utilize the aggregator to find the best trading routes and prices across various DEXs, it will no longer include DEXs operating specifically on ZKsync Era in its search results.
Key details of the change include:
- **Effective Date:** July 1 - **Affected Feature:** KyberSwap Aggregator - **Unaffected Feature:** KyberSwap’s cross-chain bridge functionality - **Cited Reason:** To enhance platform efficiency and align with user demand.
Why is KyberSwap Making This Change?
The primary drivers behind this decision are platform efficiency and user demand. Aggregating liquidity across multiple blockchains and DEXs is a technically complex process that requires significant resources. By removing chains that may have lower user engagement, KyberSwap can:
- Improve the speed and reliability of trade aggregation on the remaining chains. - Allocate development resources more effectively to enhance features on more actively used networks. - Streamline the user experience by focusing on the most popular and efficient trading paths.
What Does This Mean for KyberSwap Users?
For users trading on chains other than ZKsync Era using the KyberSwap aggregator, this change is likely to have minimal negative impact. In fact, they might experience a slight improvement in performance.
However, users who frequently relied on KyberSwap’s aggregator for finding the best swaps on ZKsync Era will need to find alternative methods after July 1. This might involve using native DEXs on ZKsync Era or other aggregators that continue to support the network.
KyberSwap’s decision to delist ZKsync Era from its aggregator is a strategic step aimed at enhancing efficiency and optimizing the user experience. While users will need to seek alternatives for ZKsync Era-specific trades, the platform maintains robust aggregation across 15 other networks.
