Lumen Loop
All media
VideoYouTubezkCross NetworkMarch 17, 20242y ago7:00

zkCross Network Enhances Stellar's DeFi Ecosystem Through Strategic Partnership

CK Crofts founder Shivam Tandil presents zkCross integration with Stellar, a cross-chain DeFi protocol enabling one-click liquidity transfers from major EVM blockchains to Stellar with fiat on/off-ramps through Stellar anchors.

DeFiBridgesAnchors
Lumen Loop's take

Shivam Tandil, founder of CK Crofts, presents zkCross, a zero-knowledge cross-chain DEX designed to bridge DeFi infrastructure gaps. The protocol enables seamless liquidity transfers across blockchains with a single click, addressing the problem of 85% of DeFi TVL concentrated in six blockchains. zkCross is already live on Hive with 18,300+ users and 58M in volume. The Stellar integration proposal includes two phases: integrating zkCross protocol to fetch liquidity from Ethereum, BSC, Polygon, Arbitrum, Avalanche, and Optimism directly to Stellar, and incorporating Stellar anchors like Alchemy Pay and Transact for global fiat on/off-ramps. The solution aims to simplify DeFi onboarding, boost trading volume, and make Stellar a core DeFi hub.

Mentioned projects
1 project linked
Z
zkCrossFinancial Protocols
SCFAudited
DEXDeFiMulti-Chain

zkCrossDEX enables seamless cross-chain liquidity transfers from leading EVM chains to Stellar with a single click.

View →