Advertisement
AD

Main navigation

Advertisement
AD

QuickSwap Crypto Exchange Now on Soneium Mainnet

Thu, 6/02/2025 - 7:12
Advertisement
QuickSwap Crypto Exchange Now on Soneium Mainnet
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

QuickSwap has officially deployed its V3 decentralized exchange (DEX) on the Soneium Mainnet, an Ethereum layer-2 network developed by Sony Block Solutions Labs. This strategic expansion marks another milestone in QuickSwap’s journey to enhance the decentralized finance (DeFi) ecosystem by extending its reach to new and promising blockchain networks. 

Advertisement

Soneium has gained recognition as a layer-2 solution designed to bring together Web3 communities and creators in a collaborative environment. By leveraging Optimism Foundation’s OP Stack and Superchain technologies, Soneium has created a scalable, EVM-compatible infrastructure that caters to both developers and end users. 

With an emphasis on speed, efficiency and financial accessibility, the platform utilizes Optimistic Rollups and Plasma chains to enhance transaction throughput while minimizing costs. Additionally, Soneium introduces a novel data storage solution known as “blobs,” significantly reducing storage expenses for developers and users alike.

The deployment enables Soneium users to access high-performance decentralized trading, execute low-cost swaps and participate in liquidity provision with minimal slippage. 

Advertisement

Beyond trading, the collaboration opens doors for further innovation in areas such as gaming and Web3 entertainment. With Soneium’s emphasis on creator communities and QuickSwap’s expertise in decentralized financial instruments, the potential for future integrations is vast. 

The partnership sets the stage for cross-industry advancements, including blockchain-based gaming economies, NFT marketplaces and novel financial applications that can leverage the combined strengths of both networks.

As part of the integration, QuickSwap will introduce a range of incentives designed to attract liquidity providers and traders to Soneium. Users can expect yield farming opportunities, staking rewards and on-chain campaigns aimed at fostering active participation within the ecosystem. These incentives are expected to drive higher levels of engagement, increasing total value locked (TVL) and strengthening the liquidity base necessary for a thriving DeFi ecosystem.

For QuickSwap, this expansion represents a strategic move to diversify its presence across multiple blockchain networks while maintaining its status as a leading DeFi platform. By integrating with Soneium, QuickSwap gains access to a growing community of high-quality DeFi users eager to contribute liquidity, engage in governance through the QuickSwap DAO and explore new financial opportunities enabled by layer-2 scaling solutions. 

From Soneium’s perspective, QuickSwap’s arrival marks a pivotal step in the network’s evolution as a full-fledged DeFi hub. The introduction of a battle-tested DEX adds credibility to the ecosystem and attracts new users seeking reliable, high-performance financial tools. 

Additionally, QuickSwap’s integration serves as a catalyst for further DeFi development on Soneium, potentially inspiring other leading projects to explore opportunities within the network.

As the partnership between QuickSwap and Soneium continues to evolve, both platforms are expected to roll out additional features, collaborations and incentive programs aimed at expanding adoption. Users who stay informed and actively participate in this growing ecosystem will have the opportunity to benefit from early-stage rewards, governance participation and exposure to innovative financial products.

QuickSwap’s deployment on Soneium is a significant advancement for both platforms, signaling a new era of DeFi expansion on Ethereum layer-2 networks. By combining QuickSwap’s expertise in decentralized finance with Soneium’s scalable infrastructure, the partnership paves the way for a more efficient, cost-effective and inclusive financial ecosystem.

Advertisement
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD