Following a successful launch on Polygon PoS, QuickSwap has officially launched its newest, cutting-edge decentralised Perpetual Exchange, QuickPerps: Falkor, on the Ethereum L1 Mainnet.
With this launch, QuickSwap has officially initiated its expansion to Ethereum.
Users can now deposit their funds directly from the Ethereum mainnet onto Orderly Network to trade perps with zero gas fees, up to 50x leverage, and more. Say hello to a more seamless and intuitive experience, where users can deposit funds directly to the Ethereum mainnet without tedious or insecure bridging processes.
The launch represents a major step forward for DeFi and dragons of all creeds and backgrounds, as QuickSwap continues to advance its perpetuals offering to Web3’s leading EVM chains and DeFi communities.
Learn more about what this means for the DragonFi ecosystem.
The Next Frontier: Ethereum Layer 1
Now firing on all cylinders in Polygon’s high-performance Layer 2 universe, QuickSwap is taking strides to capture the next major market segment with its unrivaled Perpetual Exchange.
With QuickPerps Falkor now live on Ethereum Layer 1, QuickSwap is targeting the breadth of Ethereum DeFi users that value the security of main chain consensus above all else. Here’s the kicker: what most Layer 1 DeFi users have come to accept is that Layer 1 operations come with tradeoffs in user experience, and that robust security demands sacrifices
Well, no more. QuickSwap is bringing the very best of perpetual contracts to Ethereum Layer 1, where OG DeFi users can enjoy the best experience without ever leaving the comfort of their favorite main chain.
Falkor and Dragons Don’t Compromise
QuickSwap has teamed up with Orderly Network to leverage its permissionless backend, where a deep reservoir of liquidity is always on tap. That means that early-stage users will not need to wait a second for liquidity to aggregate on Falkor’s Ethereum Layer 1 platform, as Orderly Network’s permissionless liquidity layer will ensure market depth for all transactions from behind the scenes.
Also as in previous deployments, QuickPerps Falkor will support near-instant transactions and gasless trades on Ethereum Layer 1, all while supporting up to 50x leverage on a wide array of blue-chip crypto assets.
Leading the Next Wave with Perps
Dragons know best that when market volatility picks up, perpetual volume goes through the roof. Wherever the market turns in the months ahead, QuickSwap is leading the way for DeFi users and margin traders with a perpetuals offering that is as ubiquitous as it is finely tuned.
Get your perps game ready, dragons – it’s about to get real toasty on the Ethereum mainnet.