TLDR Crypto · INNOVATION & LAUNCHES

ZKUNISWAP: A FIRST-OF-ITS-KIND ZKAMM

ethresear.ch9 min read

Summary from the TLDR Crypto newsletter

zkUniswap is a novel proof-of-concept demonstrating a version of UniswapV3 with an off-chain computation of a swap. Execution involves using a zero-knowledge proof-based system to validate transactions, potentially reducing on-chain computation costs. zkUniswap minimizes 'front running' by utilizing a pool locking system to prevent state changes during swap transactions. Despite the still-high computation cost, parallelization of swaps and alternative implementations of request methods could make zkAMMs increasingly efficient.