today zigzag rolled out a feature to permissionless list tokens to their order book DEX on zkSync. Therefore, I listed ETH - STORJ as a new pair and STORJ is one of the first to be listed (twitter announcement)!
I also started a little market maker bot with some quick changes (if the mm is down, I will fix it as fast as possible). As of now I don’t have a huge liquidity, depending on the demand I might increase it over the next days.
As for trading fees: In short, they are quite big. There is a flat fee around $1 to $1.5 to cover the zkSync swap fee. And on top there is a 2.5% spread STORJ → ETH and only 1% ETH → STORJ. I expect a high demand for STROJ → ETH and only a small demand for STORJ on L2. So I need a higher spread to cover L1 swaps to get new ETH. I have some ideas to cover that in a better way and the spread might sink in the next days and weeks.
If you think those fees are way to high: zigzag is permissionless and anyone can start a market maker and provide lower spreads.
For users new to zkSync:
There is a nice mobile wallet from argent. They plan to list all pairs from zigzag (twitter). They have a special system with zkSync to create a wallet and users pay a lower activation fee of ~$2.5(twitter). Furthermore, they also have integrations with Lido (ETH 2.0 staking), AAVE and Yearn, so you can invest directly on zkSync, earn interest and save fees - if you don’t want to withdraw smaller balances - no ad, just some tips to save money.