ZigZag, the native decentralized trading platform on the Ethereum Layer 2 network zkSync, has launched a beta version on the Arbitrum network. Protocol upgrades include placing multiple orders and partial execution of transaction orders. To incentivize liquidity depth, market makers do not have to pay.
In the testing phase, the transaction fee is tentatively set to 0, and then it is expected to charge 0.05% transaction fee as a source of protocol profit.
In the current Arbitrum test version of ZigZag, two token trading pairs USDC/USDT and ZZ/USDC are listed. Through ZigZag’s permissionless listing process, any user can provide liquidity with their own funds as needed.