Kyber Network announced via X on Wednesday that the KyberSwap Aggregator is now live on X Layer. X Layer is a ZK-powered Layer 2 network that connects OKX and Ethereum communities.
KyberSwap said its aggregator is deploying on X Layer because it believes their on-chain ecosystem will onboard millions of new users to DeFi.
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 up by 3% in the last 24 hours and currently trades at $0.5938.