Zenlink has completed a Series A round of funding and its 2nd 2nd beta testing program is coming!

So here have a brief Introduciton of Zenlink for you.

1.Description

Zenlink, a cross-chain DEX protocol based on Polkadot, is committed to become the DEX composable hub of Polkadot that means to enable all parachains to build DEX and achieve liquidity sharing in one click. So how does Zenlink work?
>1. One-click deployment of Zenlink DEX Module, WASM, and EVM into a parallel chain and interconnection between them.
>2. Find the best trade path among all sources of liquidity on parallel chains via Zenlink Smart Order Routing and aggregate other DEX liquidity via the Zenlink DEX Aggregator.
>3. Efficient, cost-effective, low-slippage exchanges are easy for users with Zenlink DEX.

Zenlink’s vision is to create the ultimate, open, and universal cross-chain DEX protocol and a new generation of cross-chain trading network, enabling Polkadot developers to easily build DEX and provide users with an efficient and smooth trading experience.

2.About Funding Investment

This round of funding was led by Alameda Research and followed by IOSG Ventures, Hashkey Capital, OKEx Blockdream Ventures, Hypersphere Ventures, SNZ Holding, SevenX Ventures, DFG, TRG Capital, PAKA. The angel round investors HashKey Capital and IOSG Ventures continued to invest in this round.

Zenlink has grown rapidily since 2020 and built deep cooperation with 10+ quality projects . Moreover,with two rounds of Web3 Foundation Grants and the Kusama Parachain Auctions, people gradually realize its great value in DeFi.

3.Three Implementations and Four Components

Zenlink has three main implementations as its core mechanism.

>1.Moudle: Integrate with parachains to get the DEX function, even allow DEXs share the liquidity with other parachains.
>2.EVM Contract: Compile and deploy the smart contract to the parachain's EVM pallet, rather than modify the source code of the parachain.
>3.WASM Contract: Compile and deploy the smart contract to the parachain ink! module, rather than modify the source code of the parachain.

souce:https://www.zenlink.pro/en/

Four Components is Protocol, Moudle, Aggregator, and Composable Hub.

>1.Zenlink DEX Protocol: The underlying unified and universal cross-chain DEX Protocol.

>2.Zenlink DEX Module: Plug-and-Play Polkadot Network Module based on the Zenlink DEX Protocol standard.

>3.Zenlink DEX Aggregator: Aggregate all DEX DApps on Polkadot, providing a one-click, low slippage, smooth trading experien for users.

>4.Zenlink DEX Composable Hub: Each parachain builds a DEX with its own characteristics by connecting to the Zenlink DEX Module, and becomes the powerful Polkadot DEX Composable Hub.

Data souce: https://wiki.zenlink.pro/