Koi Finance
Koi Finance, formerly known as Mute, is a DeFi platform, serving as a liquidity hub for all projects on zkSync. Mute's dynamic dApp features both a concentrated and standard pool AMM DEX, complete with limit orders, a farming platform, and a bond platform. Experience the evolution of DeFi 2.0 with low fees and gas-less swaps.
Integrations
zkSync Ecosystem Shows Strong Revival with 114% APY Attracting Liquidity Providers
Thu 6th Nov 2025
**zkSync is experiencing a significant resurgence** as liquidity providers flock to the platform, drawn by attractive yields.
**Key developments:**
- ZK token showing renewed strength and momentum
- **114% APY** available for liquidity providers
- Over **$7 million in liquidity** for USDC-USDT stable pool
- Nearly **$1 million** in the ZK-ETH pool
**Market response:**
The high annual percentage yields are signaling strong demand and confidence returning to the zkSync ecosystem. Liquidity providers are positioning themselves to capitalize on these attractive returns.
**Looking ahead:**
The momentum appears to be building with zkSync Ignite continuing to drive growth and adoption across the platform.
*Consider monitoring zkSync's ecosystem development and liquidity trends for potential opportunities.*
Koi Finance Burns 20% of Total Token Supply Following Governance Vote
Thu 17th Apr 2025
Following a successful governance proposal, Koi Finance has executed a significant tokenomics adjustment by burning 20% of its total token supply. The tokens were bridged from zkSync to Ethereum L1 where the burn was completed.
The move follows a February proposal that outlined major tokenomics changes including:
- Burning up to 20% of supply
- Phasing out veKOI rewards
- Implementing single-token governance
- Shifting focus to long-term growth
The burn transaction can be verified on [Etherscan](https://etherscan.io/tx/0x76cce493859f81e4af6a707d9a712f74549e8e093e15b95ba3311576e2e52777)
ZK/ETH Liquidity Pool Maintains High Returns
Mon 24th Mar 2025
The ZK/ETH liquidity pool continues showing strong performance metrics:
- Current liquidity: $747K
- 24hr fee earnings: $2,600
- Current APY: 128%
This maintains the positive trend from March 13th when the pool generated $2,361 in fees with $760K liquidity at 113% APY.
*Note: High APY rates are variable and not guaranteed to continue at these levels.*
