{"id":412929,"date":"2022-03-07T08:25:36","date_gmt":"2022-03-07T05:25:36","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kyberswap-dex-launches-on-later-two-network-arbitrum\/"},"modified":"2022-03-07T08:25:36","modified_gmt":"2022-03-07T05:25:36","slug":"kyberswap-dex-launches-on-later-two-network-arbitrum","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kyberswap-dex-launches-on-later-two-network-arbitrum\/","title":{"rendered":"# KyberSwap DEX launches on later two network Arbitrum"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27b3cc6c1d5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27b3cc6c1d5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/kyberswap-dex-launches-on-later-two-network-arbitrum\/#%E2%80%9D_KyberSwap_DEX_launches_on_later_two_network_Arbitrum_%E2%80%9C\" >&#8221; KyberSwap DEX launches on later two network Arbitrum &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_KyberSwap_DEX_launches_on_later_two_network_Arbitrum_%E2%80%9C\"><\/span>&#8221; KyberSwap DEX launches on later two network Arbitrum &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZDNlMzEzNzEtMzc5Zi00MDU4LWEwM2EtYmZkODE5MGVjZGQ3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Decentralized exchange (DEX) aggregator KyberSwap has launched on the layer-2 Ethereum scaling solution Arbitrum network.<\/p>\n<p>The move puts Kyberswap on its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.kyber.network\/kyberswap-dex-aggregator-launches-integration-with-l2-scaling-solution-arbitrum-network-93ceca15dc3\">seventh<\/a> network or scaling solution along with Ethereum (ETH), Polygon (MATIC), Fantom (FTM), BSC (BNB), Avalanche (AVAX), and Cronos (CRONOS).<\/p>\n<p>KyberSwap joins SwaprEth, Balancer Labs, Curve Finance, and SushiSwap as the DEXes available on Arbitrum as of the time of writing.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">KyberSwap DEX Aggregator Launches Integration with L2 Scaling Solution <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/OffchainLabs?ref_src=twsrc%5Etfw\">@OffchainLabs<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw\">#Arbitrum<\/a> Network<br \/>Trade tokens on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/KyberSwap?src=hash&amp;ref_src=twsrc%5Etfw\">#KyberSwap<\/a> at faster speeds and with lower costs, with the best rates!<\/p>\n<p> Trade and earn now: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Yl4MTlr0di\">https:\/\/t.co\/Yl4MTlr0di<\/a><\/p>\n<p>Learn more: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ksSu1YjQkt\">https:\/\/t.co\/ksSu1YjQkt<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/sUI00hnsk5\">pic.twitter.com\/sUI00hnsk5<\/a><\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1500646941759135751?ref_src=twsrc%5Etfw\">March 7, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe KyberSwap team points to Ethereum network congestion and the cost of on-chain transactions as problems that can be solved \u201cthrough Layer-2 scaling and other efforts.\u201d<\/p>\n<p>The average cost of a transaction on Ethereum (ETH) is currently quite low at 28 gwei ($1.48) according to Ethereum network tracker <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/gastracker\/#historicaldata\">Etherscan<\/a>, but fees can spike to over $100 during periods of congestion. By comparison, gas fees on Arbitrum range from $0.50 to $0.69 according to L2 data aggregator <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/l2fees.info\/\">L2 Fees<\/a>.<\/p>\n<p>Decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a> (dApp) data aggregator <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dappradar.com\/multichain\/exchanges\/kyberswap\">DappRadar<\/a> ranks KyberSwap #76 compared to other DEXes. It has enjoyed a tremendous increase in activity since March 5 as total users have increased 350% to 19,870 and daily transaction volume has jumped 31% to about $610,000.<\/p>\n<p>In addition to daily users and trading volume, the new integration may have helped total value locked (TVL) on Arbitrum end a five-day downturn. The current TVL on Arbitrum is $3 billion according to layer-2 (L2) ecosystem tracker <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/l2beat.com\/projects\/arbitrum\/\">L2Beat<\/a>. Arbitrum is the leading L2 network by a clear margin with dYdX in second place with $965 million in TVL.<\/p>\n<p>Arbitrum was the only L2 to see net growth in users by new addresses last week, outpacing the growth rate of BNB, Ronin, and other well-established L2 solutions. There were 46,200 total unique addresses on Arbitrum in the last week of February, a 12.7% spike from the previous week.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>18.36M Ethereum addresses joined the network in 2021<\/em><\/strong><\/p>\n<p>Recent volatility on KyberSwap\u2019s TVL is reflective of the activity in the DeFi space in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>. Across the entire DeFi ecosystem, TVL has been on a slow downtrend since the peak on Nov. 10 of $180.7 billion to $105.3 billion as of the time of writing according to DappRadar.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kyberswap-dex-launches-on-later-two-network-arbitrum\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; KyberSwap DEX launches on later two network Arbitrum &#8220; Decentralized exchange (DEX) aggregator KyberSwap has launched on the layer-2 Ethereum scaling solution Arbitrum network. The move puts Kyberswap on its seventh network or scaling solution along with Ethereum (ETH), Polygon (MATIC), Fantom (FTM), BSC (BNB), Avalanche (AVAX), and Cronos (CRONOS). KyberSwap joins SwaprEth, Balancer&#8230;<\/p>\n","protected":false},"author":1,"featured_media":412930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZDNlMzEzNzEtMzc5Zi00MDU4LWEwM2EtYmZkODE5MGVjZGQ3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,75916,95119,117],"class_list":["post-412929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-dex","tag-layer2","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/412929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=412929"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/412929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/412930"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=412929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=412929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=412929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}