QuickPerps Delivers Jaw-Dropping Launch (Again!) with Ethereum Layer 1 Deployment
In a jaw-dropping display of technological prowess and market analysis, leading Polygon DeFi suite QuickSwap has once again left the crypto community in awe. Just months after setting records with its Polygon PoS launch, QuickSwap has outdone itself with another launch of its high-octane perpetuals platform, QuickPerps Falkor. Only this time, QuickSwap has sent the platform live on the one and only Ethereum Layer mainnet.
By breaking down a major tradeoff that has been largely accepted as a law of Layer 1 security, QuickPerps Falkor’s Ethereum Layer 1 launch has sent shockwaves across the DeFi world. Now for the first time, superlative Layer 1 security does not imply and require low-performance, costly transactions, and a less-than-enticing user experience – that is, not if QuickSwap has anything to say about it.
Why Falkor’s Deja Vu is One to Remember
Many remember the excitement when Falkor first burst onto the scene, upgrading QuickPerps V1’s original perpetuals offering with a host of new features – many due in part to a major integration with Orderly Network’s permissionless liquidity layer. But what was especially striking about Falkor’s launch was not just the suite of new features it offered users – it was QuickSwap’s decision to launch the Perpetual Exchange on Polygon PoS, the leading Layer 2 scalability stack’s original chain where the majority of its users live and transact. Previously, QuickPerps V1 had been operating on Polygon’s cutting-edge zkEVM chain, which was occupied by a comparatively smaller crowd experimenting with the chain’s unparalleled performance.
Now, the Web3 space is witnessing history repeat itself – only this time, it’s bigger, better, and more groundbreaking than ever before. QuickSwap’s QuickPerps Falkor launch has now breached the Ethereum mainnet community, bringing its suite of unrivaled features to Layer 1 DeFi traders.
Welcome to the Big Leagues, QuickSwap
Ethereum’s massive ecosystem isn’t just a network – it’s a thriving digital metropolis. By deploying on Ethereum Layer 1, QuickPerps Falkor has just rolled out the welcome mat to millions of potential users. That means increased liquidity from a larger pool of traders, potential for more diverse trading pairs, and of course, greater visibility in the heart of the DeFi universe.
Imagine the possibilities when the full force of Ethereum’s user base meets Falkor’s cutting-edge perpetual trading platform. It’s not just a step forward – it’s a quantum leap for all of Web3.
What it All Means for DeFi Enthusiasts
For those of us who live and breathe DeFi, QuickPerps Falkor’s latest feat is more than just another deployment – it’s a glimpse into the future of decentralized finance. More efficient markets with reduced slippage and tighter spreads, enhanced cross-chain liquidity for superior execution, and greater mainstream adoption of DeFi tools and protocols will all drive innovation as on-chain competitors race to keep up.
The success of Falkor’s Ethereum Layer 1 deployment isn’t just a win for QuickSwap – it’s a victory for every believer in the power of DeFi.
With Ethereum Layer 1 DeFi advancing toward a new era of high-performance, one thing is clear: QuickSwap is not just participating in the DeFi revolution – it’s leading the charge. With its latest Ethereum Layer 1 deployment, QuickSwap has set a new standard for what’s possible in the world of decentralized finance.
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
