Kasplex launched the first Kaspa zkEVM Layer 2 at the Malaysia Blockchain Week.

The brand new Kasplex solution will use $KAS as the native gas fee, bringing smart contracts and Decentralized Finance features to the world's fastest Proof of Work blockchain, Kaspa.

At the Malaysia Blockchain Week held in July 2025, the project Kasplex, supported by the Kaspa Ecosystem Foundation (@Kaspa_KEF), announced that its zkEVM Layer 2 mainnet will officially launch on August 31. This milestone event will introduce smart contract functionality to Kaspa - the world's fastest and most scalable PoW blockchain - marking Kaspa's official entry into the Decentralized Finance (DeFi) sector.

Kasplex is the first zkEVM Layer 2 network built on Kaspa. By enabling developers to directly deploy Ethereum-compatible smart contracts on Rollups supported by Kaspa, Kasplex connects Kaspa's high-throughput infrastructure with the vast Ethereum ecosystem. Unlike most Layer 2 solutions, Kasplex uses bridged $KAS as its Gas token, further enhancing the utility and economic consistency of Kaspa's native assets.

"Our community has been eagerly awaiting the arrival of this day," said Kaspador, Head of Business Development at Kasplex. "Kasplex truly empowers Kaspa with the capability to run Decentralized Finance. The Layer 2 environment we have created allows developers to enjoy the speed, security, and decentralization of Kaspa while innovating with familiar Ethereum tools."

The launch of the mainnet follows closely after the successful KRC-20 inscription standard of Kasplex. This standard has processed over 130 million transactions and nurtured a thriving token ecosystem, including popular tokens like $NACHO, which once reached a market cap of about 62 million dollars. This demonstrates Kasplex's ability to provide scalable and practical blockchain solutions.

"Kasplex represents an important step in the development process of Kaspa," said Junny, Executive Director of the Kaspa Ecosystem Foundation. "The mission of KEF is to empower builders and provide the resources needed to expand the Kaspa ecosystem. The launch of Kasplex gives Kaspa a foothold in the highly competitive Decentralized Finance space."

Before the mainnet launch, this new layer two network has already attracted early adopters. The first V3 DEX AMM on Kasplex, Kaspa Finance (@KaspaFinance), was also showcased during the Malaysia Blockchain Week. The platform plans to offer token swaps, liquidity mining, staking pools, lending markets, and AI-driven trading strategies—all services run on the fast and secure network underlying Kaspa.

With the zkEVM mainnet set to launch on August 31, Kasplex is laying the groundwork for a powerful DeFi ecosystem on Kaspa. As more builders prepare to deploy applications and integrate with Kasplex, Kaspa is poised to become a competitive force in the DeFi space.