Bitoro is thrilled to announce the upcoming launch of BitoroCore, a groundbreaking on-chain perpetual futures infrastructure, on the Elastic (NYSE:ESTC) Chain, powered by ZKsync
Bitoro, a decentralized perpetual futures trading platform, today announced that they will be launching BitoroCore, a ZK Chain built on the Elastic Chain ecosystem. BitoroCore is designed specifically for perpetuals, options, and prediction markets, to enhance the liquidity hub within the Bitoro Network and work seamlessly with existing integrations, such as Orderly Network and Injective.
The unified platform is designed to offer a premier on-chain derivatives experience, with markets, liquidity, fees, and features that rival any DEX or CEX. With BitoroCore, users can tap into a cohesive ecosystem of liquidity sources across the widest selection of crypto assets and RWAs, in addition to prediction markets – all accessible via a single, intuitive interface, powered by our community and native token, $BTORO.
Moreover, BitoroCore will feature plug-and-play integrations for builders and dApps, enabling them to easily access our native liquidity. As such, it is set to significantly enrich the Bitoro ecosystem, expanding our user base and increasing our footprint within the DeFi landscape.
The Elastic Chain ecosystem is a network of fully interoperable ZK Chains all built on ZKsync technology. As a ZK Chain, users of BitoroCore will gain access to all other networks on the Elastic Chain and their respective user base. Furthermore, every application building on the Era Mainnet, the first ZK Chain, and all other ZK Chains will be able to easily integrate and leverage Bitoro’s advanced perpetual futures trading infrastructure and liquidity.
Bitoro is incredibly excited about these new developments and are confident they will redefine the DeFi landscape. Users can stay tuned for more updates, detailed timelines, and insights from Bitoro as the company continues to bring BitoroCore to life in the coming weeks and months.
About Bitoro
Bitoro is the world’s first leveraged trading protocol and ecosystem aggregator for the on-chain perpetual futures market. With its platform supporting Ethereum, Arbitrum, Optimism, Mantle, Base, Injective, and soon Elastic Chain by ZKsync, Bitoro unifies the fragmented market under one platform, providing optimal speed, fees, liquidity, incentives, and unparalleled ease of use for traders.
About ZKsync
ZKsync leverages cutting-edge zero-knowledge (ZK) technology to create secure, scalable, and interoperable blockchain solutions. Through its ZK Stack framework, ZKsync enables developers, enterprises, and financial institutions to deploy customizable ZK Chains, forming the Elastic Chain ecosystem. This innovative network offers native, trustless interoperability, enhanced privacy, and unparalleled scalability while maintaining Ethereum’s security. ZKsync’s mission is to bring crypto to the mainstream, empowering millions of developers and billions of users with digital self-ownership and personal freedom. To learn more, users can visit zksync.io.
ContactPR & Communications ManagerSimon Mosersimon@bitorolabs.org
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
