Research Summary
The report discusses the potential of $ZKDX, an omni-chain Perp DEX aggregator across all L2s. It highlights the growing interest in the ETH and L2 eco, the increasing competitiveness of Perp DEXes, and the benefits of $ZKDX’s interoperability and liquidity aggregation across all L2 networks.
Key Takeaways
Perp DEX Space Growth
- Increasing Interest in Perp DEXes: The report notes the growing interest in Perp DEXes, with over 200 protocols tracked on DefiLlama and a nearly $4B market size. The shift towards on-chain trading is also highlighted, especially as more centralized exchanges face regulatory issues.
Benefits of $ZKDX
- Interoperability and Liquidity Aggregation: $ZKDX’s key feature is its ability to aggregate liquidity across all L2 networks, facilitating cross-chain asset transfers and scaling liquidity without needing new liquidity on each chain. This is expected to bring a suite of benefits, including eliminating the need for bridges like Stargate.
Value Capture and Growth
- Revenue Generation: The report outlines the revenue generation model of $ZKDX, where 70% of the fees generated by the platform are rewarded to ZKLP holders, 25% to staked ZKDX, and 5% to active traders. This is expected to create a flywheel effect, driving more users, revenue, demand for tokens, and token holders.
Trading Fees and Discounts
- Low Trading Fees: $ZKDX offers low trading fees, comparable to those of centralized exchanges, through holding a zkDX NFT or through referrals. NFT holders get a discount on closing trading fees, while referrals earn rebates and discounts.
Public Sale and Tokenomics
- Public Sale and Token Supply: $ZKDX is planning a fair launch public sale with a farming overflow model on the zkaliburDEX launchpad. The total token supply is set at 1 billion, with various allocations for reserve fund, LP incentive, trader incentive, rewards, DAO, team, and marketing.
Actionable Insights
- Monitor the Growth of Perp DEX Space: Given the increasing interest and market size of Perp DEXes, it would be beneficial to keep a close eye on this space for potential growth opportunities.
- Understand the Benefits of $ZKDX: The report highlights the unique features and benefits of $ZKDX, including its interoperability and liquidity aggregation. Understanding these features could provide insights into its potential value and growth prospects.
- Consider the Revenue Generation Model: The revenue generation model of $ZKDX, where a significant portion of the fees generated are rewarded to token holders, could be an important factor to consider when evaluating its potential value.
- Assess the Trading Fees and Discounts: The low trading fees and discounts offered by $ZKDX could be attractive to traders and could potentially drive user growth and platform usage.
- Keep an Eye on the Public Sale: The upcoming public sale of $ZKDX could provide an opportunity to participate in the early stages of this project and benefit from potential price discovery and revenue earning.
