Advancements in Zero-Knowledge Trading Systems

This chapter explores the evolution and implementation of zero-knowledge virtual machines (ZKVMs) in trading platforms, highlighting their impact on transaction efficiency and security. The discussion contrasts traditional exchange optimizations with decentralized exchanges (DEXs), emphasizing the importance of privacy and integrity in market-making mechanisms. It also examines the potential future developments of capital efficiency and collateral utilization within the Ethereum ecosystem through advanced zk technology.