Deep Dive
1. 0x Integration (16 July 2025)
Overview: Coin98 integrated 0x’s aggregation protocol into SwapX, allowing users to access liquidity across Ethereum, BNB Chain, Polygon, Base, Avalanche, Arbitrum, and Optimism.
The update uses 0x’s smart order routing to split trades across multiple decentralized exchanges, aiming to reduce slippage. Developers added cross-chain swap functionality through a unified interface, requiring updates to transaction relayers and fee calculation modules.
What this means: This is bullish for C98 because traders get better token prices and faster execution across chains – a key advantage in multi-chain DeFi. (Source)
2. Concordium ID Support (19 August 2025)
Overview: Coin98 implemented Concordium’s zero-knowledge proof system for age verification without exposing personal data.
The codebase added ZK-SNARK circuits to validate user age thresholds while encrypting birthdates. This required new API endpoints for credential issuance and verification checks before accessing age-gated dApps.
What this means: This is neutral-to-bullish as it positions Coin98 as a privacy-focused wallet for regulated Web3 services, though mainstream adoption depends on regulatory shifts. (Source)
3. V16 Wallet Upgrade (16 July 2025)
Overview: Version 16 introduced native support for 7 EVM chains in SwapX, requiring updates to chain configuration files and gas estimation logic.
Developers refactored the wallet’s token approval system to minimize redundant contract interactions, potentially lowering gas costs. The update also standardized RPC endpoints for faster fallback during network congestion.
What this means: This is bullish because streamlined multi-chain access could increase transaction volume through Coin98’s interface, directly benefiting C98 token utility. (Source)
Conclusion
Coin98’s codebase emphasizes interoperability and compliance, with three major infrastructure upgrades in Q3 2025 enhancing swap efficiency and regulatory readiness. While these changes improve competitiveness, will developer momentum sustain through bear-market conditions? Monitor commit frequency on their GitHub for signals.