Last updated on March 31st, 2023
With the latest launch of Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM), here are some of the ways you can send your funds over to this brand-new network.
You may want to note that the native token on Polygon’s zkEVM is ETH and not MATIC! This is different from Polygon Proof-of-Stake which uses MATIC as the native token.
If you prefer a video guide, you can check it out here:
Platform #1: Polygon’s Official Bridge
This link is especially useful if you want to add the official zkEVM network right away.
The main problem with this bridge is that it only allows you to transfer funds from the Ethereum Mainnet to the zkEVM.
You may have to pay gas fees which can amount up to $17 USD!
It’s best not to use this platform, especially if you are only bridging over a small amount of ETH, as the gas fees would not make this transaction worth it.
Side note: the first result on Google brings you to the testnet bridge, and not the beta mainnet bridge. If you are using this bridge, you will be transferring funds from the Goerli testnet on Ethereum to the Polygon zkEVM testnet.
Platform #2: Multichain
This transaction will cost around 0.0006 ETH (~ $1 USD), and the best part is that you can bridge your funds from other networks like Arbitrum, Optimism or Polygon, where the gas fees are much cheaper than Ethereum.
However, Multichain already has a token, and the platform that I ultimately used to bridge my funds does not, so you could qualify for an airdrop too!
Platform Of Choice: Orbiter Finance
Orbiter Finance is a great way to bridge your funds from other Ethereum L2s to Polygon’s zkEVM.
What’s more, Orbiter Finance does not have a token yet. If they do launch one, they could reward users with a token for using this bridge, so that’s why I chose to use this platform instead.
The fees are slightly higher than Multichain at around 0.001 ETH (~ $2 USD).
However, if you’re frequently bridging funds between Layer 2s, Orbiter Finance may be the best option with the potential airdrop looming.
The transaction was really quick and I was able to receive my funds on the Polygon zkEVM within a few minutes.
While Polygon’s zkEVM may not be the most attractive as the MATIC token has already been released, it could still be a network that can help you to really save on gas fees.
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