Why Unizen (ZCX) Surged By 16% Today

Key Points

• Unizen (ZCX) surged by 16% today.
• The token reached a market cap of over $107 million.

Unizen (ZCX) saw an important price surge today of 16%. At the moment of writing this article, ZCX has a total market cap of over $107 million.

During the weekend, on June 22, the team behind Unizen shared in a post via X that it integrated Hashflow DEX for enhanced single-chain swaps.

In the post, they noted that Hashflow DEX is now integrated into the platform, expanding liquidity options and improving trading efficiency for users.

The integration allows seamless single-chain swaps, offering more flexibility and optimal pricing.

Hashflow DEX uses an off-chain Request-for-Quote (RFQ) model to ensure zero slippage and protect against Miner Extractable Value (MEV) exploitation.

According to the same announcement, the key features of Hashflow integration include the following:

• best prices
• deep liquidity
• native cross-chain swaps
• secure and efficient trade

The team behind Unizen also announced that private liquidity is not yet accessible and integration with Unizen’s ULDM is still underway, but the features will come soon.

Hashflow is a DEX that offers liquidity and best pricing via an innovative off-chain RFQ model. It was launched back in April 2021 and since then, it processed over $18 billion in total trade volume.

What is Unizen (ZCX)?

Unizen is an operating system for cross-chain-enabled exchange applications. Apps on Unizen are referred to as modules that get onboarded onto the ecosystem.

This allows traders to access various trading products both centralized and decentralized. This is done by interacting with the full product innovation or via Unizen’s trade aggregation algorithms.

ZCX is the native utility token, an ERC-20 minted on the Ethereum Network, and it’s used for the following:

• Dynamic Multi-Asset Staking
• Reduced trading fees
• Exchange Governance
• Direct Access to ZenX Labs Portfolio

Unizen offers a simple interface that offers info about any asset for the best fees across various liquidity pools, according to the team.