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LayerSwap enables users to send crypto from their crypto exchange account directly to layer 2 networks and helps blockchain businesses onboard their users. Supported networks include Arbitrum, Optimism, zkSync, Polygon, and Ronin (Axie Infinity). Layerswap was established in 2021.
The platform's flagship product is a bridge between blockchains and exchanges that allows users to explore blockchain projects. The app enables transfers of tokens such as ETH, USDC, and LRC from seventeen exchanges to sixteen networks, off-ramping from nine networks to CEXes, including cross-chain transfers.
CEX users can move assets directly to blockchains so they can explore, experiment with apps/projects, purchase non-fungible tokens, play games, and hold assets in layer 2 networks, DEX, or wallets. People new to cryptocurrency can utilize Layerswap to get onboarded to layer 2.