Exploring the Taiko Ecosystem! The Top 5 Dapps You Must Know

  • 3 minute read
  • 2024-06-14
Exploring the Taiko Ecosystem! The Top 5 Dapps You Must Know

Welcome to the Taiko Layer 2 ecosystem! Taiko, a ZK-powered Layer 2 protocol, is transforming the Ethereum community with its low-cost fees, high transaction performance, and enhanced decentralization. This article will explore the top 5 dApps thriving in the Taiko ecosystem!

(Know more about Taiko integration: What is L2 Taiko? Get to know the 1st Based Rollup in 5 Minutes!)

About Taiko

Taiko is a revolutionary Layer 2 solution — the first and only Type 1 zkEVM with Based Rollup attributes in the market. Achieved equivalent decentralization as Ethereum, Taiko successfully enhanced security for users’ assets and prevented attacks. Moreover, Taiko employs Based Contestable Rollup (BCR) and a multi-proof system, significantly reducing transaction costs while enhancing decentralization. 

  • To developers, Taiko, being Ethereum-equivalent ZK-EVM, enables efficient dApp development without modifying existing Ethereum Layer 1 dApps.
  • To users, Taiko guarantees users rapid transaction confirmation and low transaction costs while maintaining Ethereum’s core properties.

Now that you’re interested in exploring the dynamic and innovative dApps within the Taiko ecosystem, let’s delve into some notable projects on this growing platform! 🚀

More About Taiko
Website | Twitter | Discord | Blog | Documents

5 DApps to Check Out in the Taiko Ecosystem

The Taiko ecosystem is thriving with innovation, offering a range of dApps that showcase the potential of blockchain technology. Here are five notable dApps that you should explore. Be aware that the information provided here is not financial advice. Before involvement, it’s essential to DYOR!

Henjin DEX

Henjin is an ecosystem-focused, community-driven decentralized exchange (DEX) and Launchpad built on the Taiko blockchain. It’s designed to support an ecosystem of users and developers, providing an advanced, flexible infrastructure for deep and sustainable liquidity.

By moving beyond traditional DEX designs, Henjin offers a tailored approach that prioritizes composability, making it a unique player in the DeFi space.

More About Henjin DEX
Website | Twitter 

LooperLands

LooperLands, the vibrant cross-chain creator-owned pixelverse, is built on Loopring L2, Ethereum L1, IMX, and Taiko by the LooperLands community. LooperLands integrates Loopring L2 NFT assets as avatars (Loopers) or as in-game items. 

LooperLands gives creators, players, and collectors the tools to quickly add gaming utility to just about any NFT they have without needing to code. Whether you’re a beginner or an experienced pixel artist, LooperLands makes it easy to create for the game.

More About LooperLands
Website | Twitter

DTX

DTX is a decentralized trading and liquidity protocol operating across various blockchains, designed by experienced traders for the community. It offers extensive DeFi services, including spot trading, perpetual trading, and a Launchpad—trade over 70 cryptocurrency markets, including trending meme coins, with leverage up to 50x.

DTX’s innovative synthetic architecture ensures a seamless trading experience by eliminating slippage and guaranteeing order execution. It also provides flexibility in collateral usage and market-making while optimizing capital efficiency for liquidity providers (LPs).

More About DTX
Website | Twitter 

Ritsu Protocol

Ritsu is set to become the Taiko ecosystem’s DeFi portal and liquidity hub. Developed in partnership with SyncSwap, the leading DEX on Ethereum ZK Rollups such as ZKsync, Scroll, and Linea, Ritsu leverages SyncSwap’s advanced technology. With approval and licensing from SyncSwap, Ritsu will deliver the Rhythm AMM, offering hyper-efficient and user-friendly decentralized trading on Taiko.

More About Ritsu Protocol
Website | Twitter

XY Finance

XY Finance is the only cross-chain bridge aggregator with an in-house bridge that operates on 20+ EVM chains. XY Finance’s user-centric approach allows for easy token swaps between different chains, ensuring the best route and optimal prices for users. 

Through XY Finance, users can effortlessly transfer assets to X Layer and explore the diverse Dapps on the X Layer ecosystem. This article will conclude with a detailed guide on how to use XY Finance!

How to Bridge Tokens to Taiko?

XY Finance provides a seamless and efficient method for bridging assets to Taiko. Don’t wait any longer! Follow this simple guide to bridge tokens to Taiko right now:

  1. Visit XY Finance and connect your Wallet.
  2. Select the network from which you want to transfer tokens (Ethereum, Polygon, Arbitrum, Avalanche, Optimism + 15 others).
  3. Select the token you want to bridge from your network to Taiko and input the amount.
  4. Review and confirm the transaction. Your tokens will arrive in under 5 minutes.

(Encountering any problems while bridging? Check out our comprehensive tutorial.)

If your transaction cannot be completed, please open a ticket in the XY Finance Discord. The team will happily help you resolve the issue as soon as possible.

Unlock new possibilities with Taiko ecosystem—get started now!

Other Ecosystem to explore with XY Finance

About XY Finance

XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.

XY Finance Official Channels

XY Finance | Discord | Twitter | Telegram | Documents | Partnership Form

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