News

Raydium is an automated market maker (AMM) platform built on top of Solana, where users can trade and provide liquidity to earn profits from digital assets. However, unlike other AMM platforms, Raydium's AMM provides on-chain liquidity for Serum's central limit order book, which means that Raydium's users and liquidity pool can access the order flow and liquidity of the entire Serum ecosystem, and vice versa.   Recently, it was reported that the trading volume of Raydium protocol exceeded $122.20 billion in the past 30 days, successfully surpassing Uniswap to become the world's largest decentralized exchange in terms of trading volume, even though it only operates on the Solana chain. In contrast, Uniswap's 30-day trading volume was $98.70 billion, ranking second. Raydium's strong performance highlights its important position in the Solana ecosystem and further proves its competitiveness in cross-chain decentralized trading.

zkSync is a layer 2 scaling solution developed by Matter Labs, which preserves the security attributes of the underlying blockchain by utilizing the latest generation of concise zero-knowledge proofs. All funds in zkSync are held by smart contracts on the main chain, while computation and storage are executed off-chain.   It was officially announced that ZKSync Validium is becoming a new platform for Switzerland's largest bank, UBS, to test blockchain technology. UBS is experimenting with digital gold investment through its golden ratio product, UBS Key4 Gold, on the network. This collaboration aims to enhance scalability, privacy, and interoperability, and improve transaction efficiency through offline data storage. This move is also an extension of UBS's recent tokenized fund project, further demonstrating ZKSync's potential in promoting blockchain financial solutions.