The cryptocurrency landscape continues to evolve with innovative projects enhancing scalability and decentralized infrastructure. In a significant development, OKX has expanded its Layer 2 ecosystem by listing two promising digital assets: ZKSwap (ZKS) and Livepeer (LPT). This strategic addition strengthens OKX’s position as a leading platform for next-generation blockchain solutions, offering users early access to high-potential assets built on scalable, low-cost networks.
This update not only enhances trading opportunities but also aligns with the growing demand for efficient Layer 2 technologies that address Ethereum's congestion and high gas fees. Below, we explore the details of this launch, the significance of ZKS and LPT in the broader crypto ecosystem, and how users can benefit from participating in this milestone event.
🔧 What’s New: ZKS and LPT Now Live on OKX Layer 2
Starting April 2, 2021, OKX introduced support for ZKSwap (ZKS) and Livepeer (LPT) across multiple stages:
- Deposit Availability: ZKS and LPT deposits opened at 15:00 HKT on April 2.
- Trading Goes Live: ZKS/USDT and LPT/USDT trading pairs became active at 17:00 HKT the same day.
- Withdrawals Enabled: Users gained the ability to withdraw both assets starting April 6 at 18:00 HKT.
This phased rollout ensures system stability while allowing traders seamless access to new market opportunities. By integrating these assets into its Layer 2 segment, OKX emphasizes performance, speed, and reduced transaction costs—key advantages of second-layer protocols.
🌐 Understanding ZKSwap (ZKS): Scaling Ethereum with Zero-Knowledge Tech
ZKSwap is a Layer 2 scaling solution built on zero-knowledge rollups (zk-Rollups), designed to bring instant, gas-free transactions to the Ethereum network. It functions as an automated market maker (AMM) decentralized exchange where all swaps occur off-chain, while settlement and security remain anchored on Ethereum.
Key features of ZKSwap include:
- Near-instant transactions with finality in minutes.
- Zero gas fees for token swaps.
- Full EVM compatibility, enabling smooth integration with existing dApps.
- Enhanced privacy through cryptographic proofs.
As Ethereum adoption grows, scaling solutions like ZKSwap play a critical role in making DeFi accessible to mainstream users. With ZKS now tradable on OKX, investors gain exposure to a project at the forefront of zk-tech innovation.
🎥 Livepeer (LPT): Decentralizing Video Streaming Infrastructure
Livepeer tackles a different challenge—video infrastructure. As video content dominates internet traffic, centralized streaming platforms face rising costs and scalability issues. Livepeer offers a decentralized alternative where anyone can contribute computing power to transcode video streams and earn LPT tokens in return.
How it works:
- Broadcasters send video to the network.
- Orchestrators process and transcode the stream.
- Fees are paid in ETH or stablecoins; rewards are distributed in LPT.
By leveraging blockchain and peer-to-peer networks, Livepeer reduces streaming costs by up to 90% compared to traditional CDNs. Its native token, LPT, serves both as a staking mechanism and governance tool within the protocol.
With LPT now available on OKX’s Layer 2 platform, traders can engage with one of the most practical real-world applications of blockchain technology today.
🎁 Special Campaign: Trade ZKS and LPT for a Chance to Win Big
To celebrate the launch, OKX hosted a time-limited promotional campaign from April 2 to April 9, 2021 (HKT), offering exciting rewards:
🔹 Activity 1: Deposit & Trade for iPhone 12 and USDT
- Win 10 iPhone 12s via Deposit: For every $500,000 worth of ZKS or LPT deposited on-chain within 48 hours of listing, one iPhone 12 was awarded randomly.
- Share & Trade for Another 10 iPhone 12s: Users who shared the event poster on social media and completed any trade were eligible.
- New User Bonus: First-time users received $20 worth of ZKS or LPT upon participation, with a total pool of $20,000 USDT distributed.
🔹 Activity 2: Trade Competitions with Tesla and USDT Prizes
- Win a Tesla Model Y: One lucky trader who executed at least $10,000 in ZKS trades was selected to win a Tesla Model Y—courtesy of ZKS and OKX.
- Trade-to-Earn Pool: Users with cumulative trades of $1,000+ in ZKS or LPT shared an $80,000 USDT prize pool based on volume rankings.
These incentives not only drove user engagement but also highlighted OKX’s commitment to making crypto participation rewarding and accessible.
👉 See how top traders leverage early asset listings to maximize returns—start your journey today.
🔍 Why Layer 2 Matters: The Future of Scalable Blockchain
Layer 2 solutions are no longer optional—they’re essential. As Ethereum processes millions of transactions daily, network congestion leads to high fees and slow confirmations. Layer 2 protocols like zk-Rollups (used by ZKSwap) and optimistic rollups solve this by processing transactions off-chain and settling them in batches on the mainnet.
Benefits include:
- Drastically lower fees
- Faster transaction speeds
- Same-level security as Ethereum
- Seamless user experience
By dedicating a specific Layer 2 section, OKX enables users to easily identify and invest in projects that are solving real scalability challenges—positioning itself as a hub for innovation-focused crypto trading.
❓ Frequently Asked Questions
Q: What is the significance of listing ZKS and LPT on OKX’s Layer 2 platform?
A: It highlights OKX’s focus on supporting cutting-edge blockchain infrastructure. Both assets represent key advancements—ZKS in zero-knowledge scaling and LPT in decentralized media streaming—offering users exposure to high-growth sectors.
Q: Are ZKS and LPT considered ERC-20 tokens?
A: Yes, both ZKSwap (ZKS) and Livepeer (LPT) are ERC-20 tokens built on the Ethereum blockchain. Their inclusion in the Layer 2 segment reflects their use of off-chain scaling technologies to improve usability.
Q: How can I participate in future OKX listing events?
A: Stay updated through official announcements on the OKX website or app. Regularly check the “Earn” and “Promotions” sections for new campaigns involving airdrops, trading contests, or deposit bonuses.
Q: Is there ongoing trading support for ZKS and LPT after the launch period?
A: Absolutely. Once listed, both assets remain available for spot trading, margin trading (if enabled), deposits, withdrawals, and wallet storage with full technical support.
Q: What risks should I consider when investing in Layer 2 projects?
A: While promising, Layer 2 assets can be volatile. Risks include smart contract vulnerabilities, low liquidity during early stages, and market sentiment shifts. Always conduct research and assess your risk tolerance before investing.
💡 Final Thoughts: Embracing Innovation Through Strategic Listings
The introduction of ZKS and LPT into OKX’s Layer 2 ecosystem marks more than just new trading pairs—it signifies a broader shift toward infrastructure-driven innovation in crypto. These projects exemplify how blockchain can solve real-world problems: from reducing transaction costs to decentralizing global video delivery.
For traders and long-term investors alike, platforms like OKX provide timely access to emerging trends before they reach mass adoption. Whether you're exploring zero-knowledge proofs or decentralized streaming networks, now is an ideal time to deepen your understanding and participation.
👉 Get started with next-gen crypto assets—join a global exchange empowering the future of finance.
As the digital economy evolves, staying informed and agile will be key. With strategic listings, educational resources, and user-centric incentives, OKX continues to lead the way in connecting users with transformative blockchain opportunities.