Analysis Crypto by Thebittimes.Com

Ava Protocol, a leading Web3 infrastructure project, has launched its mainnet on Ethereum (ETH), introducing a new system for automating smart contract transactions, according to the latest information shared with Finbold on July 16.  The new development allows developers to make use of Ava Protocol’s transaction automation, privacy Features , composability, and other Features within their decentralized applications (dApps) across the Ethereum ecosystem. Revolutionizing on-chain operations with autonomous transactions Ava Protocol’s activation model revolutionizes on-chain operations through autonomous “super-transactions” based on specific triggers such as time, price changes, or smart contract updates.  Picks for you Oklahoma's most active senator in stock trading; Markwayne Mullin's net worth revealed ...

X Layer is a zero knowledge (ZK), EVM-compatible Layer-2 network. The Polygon CDK powered L2 is live and  integrates with over 200 dApps across DeFi, wallets, NFTs and gaming among others. OKX, one of the world’s largest Crypto exchange companies, has launch ed the public mainnet of its EVM-compatible Layer 2 network “X Layer” is now live. Haider Rafique, the chief marketing officer at OKX, announced the launch in a blog post on Tuesday. According to the OKX official, the Polygon Chain Development Kit (CDK)- powered L2 integrates with over 200 decentralised applications (dApps) onboarded during X Layer’s testnet. X Layer integrates over 200 dApps X Layer also integrates with the OKX exchange’s CEX platform and the OKX Web3 Wallet. As an EVM-compatible network, X Layer allows users to tap into dApps on Ethereum as well as bridge assets from the OKX CEX and Web3 Wallet. “ Our objective is to make it cheaper and ...

Derivio, a Binance Labs incubated decentralised derivatives exchange, announced its mainnet is live on the zkSync Era. zkSync Era is an Ethereum Layer 2 scaling solution. Users have a chance to trade perpetuals and options on more than 20 markets. Derivio, a decentralised derivatives exchange built on the Ethereum Layer 2 scaling solution zkSync Era, has launched its mainnet, according to an announcement. The Binance Labs-incubated DEX platform seeks to carve a share of the DeFi market by bringing the benefits of on-chain Derivatives trading to users. Its infrastructure leverages zkSync Era Features such as fast transactions, low gas fees and account abstraction to allow for greater adoption of Derivatives . “We’re excited to announce that Derivio’s mainnet beta is now live at derivio.xyz! Users can trade perpetuals & options with more than 20 different markets, provide liquidity and earn high organic risk-adjusted DeFi yield on @z...