Starknet integrates with ShapeShift for seamless swaps
Summary
Starknet has been integrated into the ShapeShift platform, allowing users to perform swaps without a separate bridging step, thereby streamlining the process. This move aligns with the trend among crypto platforms to embed layer-2 networks directly into their swap interfaces to reduce user friction. Additionally, ShapeShift has made its swap technology more accessible by providing free widgets and APIs for other projects to utilize.
Analysis
Starknet: Starknet is a ZK execution layer that scales Ethereum while protecting privacy and enabling quantum-secure Bitcoin functionality on its network. It focuses on high-throughput smart contract deployment for developers. The platform's direct availability on ShapeShift now lets users perform swaps involving Starknet assets in a single step without separate bridging. ShapeShift: ShapeShift is a cross-chain crypto trading platform that emphasizes competitive rates and low fees across multiple networks. It has integrated Starknet to deliver an all-in-one swap experience. Recent platform updates include opening its swap stack via widget and API options for builders, paving the way for seamless chain additions like this one. Developer Tools: ShapeShift has expanded access to its underlying swap technology through free widgets and APIs for other projects to incorporate. Integration Trend: Crypto platforms are increasingly embedding layer-2 networks directly into swap interfaces to remove bridging friction for users.
Categories
hyperliquidcryptodefiethereum
Related sources
- https://x.com/superpobe/status/2111349340275093873
- https://x.com/Starknet/status/2102121031905243514
- https://x.com/i/status/2102143635039080847
- https://x.com/shapeshift
- https://github.com/shapeshift/web/blob/develop/.env
- https://x.com/Starknet/status/2111373741439553547
- https://x.com/i/status/2102157949275935187
- https://x.com/i/status/2111373741439553547
- https://x.com/i/status/2111155216368148847