TidalDex Launches with Zero-Fee Swaps on BSC

🌊 Zero Fee DEX Just Dropped

By CZodiac
Jan 9, 2025, 2:22 PM
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Photo by CZodiac

CZodiac has deployed the Factory & Router for TidalDex, marking the launch of their zero-fee cross-chain DEX on BSC.​ While users still pay gas fees, all swap fees are eliminated.​

Key Points:

  • First zero-fee, zero-governance cross-chain DEX
  • Expected 40-100% increase in $CZB burn rate post-migration
  • Multiple trading pairs available including $CZUsd, $CZB, $USDT, and $CZR

For detailed information, visit the CZodiac litepaper at docs.​czodiac.​com/czodiac-litepaper

Sources
Read more about CZodiac

CZodiac Revokes 60 Legacy Permissions in Security Audit

**CZodiac completed a comprehensive security audit** of its legacy permissioning system, revoking 60 roles across the ecosystem. **Two main categories were targeted:** - Inactive contracts and dapps dormant for over 1 year - Outdated manager/admin wallets from previous key rotations **Security rationale:** Old smart contracts pose exploit risks even when unused. Several projects have suffered hacks through deprecated contracts. Annual key rotation ensures compromised legacy wallets can't threaten the ecosystem. **Next phase:** Auditing the newer AccessManager/Authority system requires new tooling, as current blockchain querying methods don't work. The team is considering upgrading the existing CL8Y Bridge dashboard or creating additional monitoring tools. *Permissions can be reinstated if needed, but proactive revocation prevents potential security vulnerabilities.*

TidalDex Migration Update: Higher Volume, Lower Fees, and USTC Bridge Integration

TidalDex Migration Update: Higher Volume, Lower Fees, and USTC Bridge Integration

TidalDex reports significant progress post-migration with **increased volume and burns**. Key updates: - 99% liquidity migration completed - $100k liquidity milestone reached - Potential CZB burn rate reduction from 0.49% to 0.19% under analysis - Integration with Wormhole for USTC bridging between BSC and TerraClassic The platform's 0% fees are attracting bot activity, while growing liquidity is improving slippage rates. The proposed burn rate reduction aims to incentivize bot traders to use TidalDex for BNB and USDT trades. Visit [TidalDex.com](http://TidalDex.com) to explore the new features.

TidalDex Analytics Launch and Volume Bot Testing

TidalDex has launched their analytics platform at [info.tidaldex.com](https://info.tidaldex.com). The platform is functioning at 99% capacity, with a minor bug affecting volume calculations during large bot trades. In a related update, TidalDex is testing their new Volume bot product. You can view it on DEXTools at [this link](https://www.dextools.io/app/en/ether/pair-explorer/0xf67041c54a76a071d340dfa7390ae8ef17471f0a). - Analytics platform now live - Known issue with bot trade volumes - New Volume bot product in testing phase *Users are encouraged to report any issues they encounter with the analytics platform.*

Wormhole USTC Integration on TidalDEX Enables Cross-Chain Bridging

Wormhole USTC Integration on TidalDEX Enables Cross-Chain Bridging

TidalDEX has listed Wormhole USTC, facilitating seamless bridging between BSC and TerraClassic networks via Tritium. Users can now: - Swap BSC USTC to USTC-wh - Bridge tokens between networks - Execute reverse operations This development follows earlier integrations of Wormhole-bridged tokens (USDC, USDT, wETH) on Tashi and Swing platforms, enhancing Cosmos DeFi accessibility. [Visit TidalDEX](http://tidaldex.com) to explore the new trading pair.

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