The Kyber Network team announced via X (formerly Twitter) on Friday that its KyberSwap platform is set to integrate with the Scroll mainnet soon. This integration is set to bring about capital-efficient liquidity as KyberSwap will be on the fast track to become a key AMM Dex on Scroll.
KyberSwap’s aggregation capabilities will unlock the door for traders to tap into the entirety of Scroll's liquidity, ensuring superior trading rates. Kyber Network seeks to create a seamless experience on Scroll, where users can effortlessly trade, profit, and experience the reliability and safety they've come to expect from KyberSwap.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is down by 1% in the last 24 hours and currently trades at $0.688.