Solana-Based Pacifica to Launch ZK U Swap With 5x Leverage

COINOTAG News reports that Pacifica, a Solana-based perpetual contracts platform, has announced the forthcoming launch of ZK U Swap, enabling traders to deploy up to 5x leverage on selected derivatives. The move aligns with an industry-wide emphasis on scalable, privacy-preserving trading solutions powered by zero-knowledge technology.

Pacifica was founded in January 2025 by a trio of founders, including Constance Wang, the former FTX chief operating officer. The team moved swiftly, rolling out a testnet in two months and delivering mainnet support on June 10.

Market participants view the initiative as a catalyst for enhanced capital efficiency within the Solana ecosystem, while leveraging zk proofs to safeguard risk controls. The rapid progression from testnet to mainnet reflects disciplined execution and a product-first approach to crypto derivatives.