1. What is zkSync? zkSync is a Layer 2 scaling solution launched by the Matter Labs team, which enhances the scalability of the Ethereum network by employing Rollup technology based on zero-knowledge1. What is zkSync? zkSync is a Layer 2 scaling solution launched by the Matter Labs team, which enhances the scalability of the Ethereum network by employing Rollup technology based on zero-knowledge
Learn/Trading Guide/User Guide/How to Chec...Era Network

How to Check the Deposit Progress on the zkSync Era Network

Jul 16, 2025MEXC
0m
#Basic#Layer2
Checkmate
CHECK$0.026195+16.11%
ERA
ERA$0.2023+0.34%
Solayer
LAYER$0.1817-0.43%
ZeroLend
ZERO$0.000008538-1.07%
Juneo Supernet
JUNE$0.012-30.23%

1. What is zkSync?


zkSync is a Layer 2 scaling solution launched by the Matter Labs team, which enhances the scalability of the Ethereum network by employing Rollup technology based on zero-knowledge proofs.

Currently, zkSync operates on two chains: zkSync Lite and zkSync Era. zkSync Lite launched on the Ethereum mainnet on June 15, 2020, achieving a throughput of approximately 300 TPS (transactions per second) but without compatibility with the Ethereum Virtual Machine (EVM). zkSync Era launched on March 24, 2023, supports smart contract functionality, and achieves a throughput of over 20,000 TPS. Typically, when referring to the zkSync network, we refer to the zkSync Era.

If you are interested in Layer 2 networks and related topics, you can read the articles "Understand Ethereum Layer 2 in One Easy Example" and "The Highly Anticipated ZK Rollup: What is It?" to learn more.

2. What is Execution Delay?


Execution delay is a unique mechanism of zkSync Era, which refers to a time lock for every L2 block submitted to L1 before it is executed and finalized. Initially, the delay time is 24 hours, and as the system matures, this time will gradually reduce until it is completely eliminated. The delay in execution affects not only standard zkSync ETH and ERC20 cross-chain bridges but also any custom cross-chain bridges built by different teams.

Due to the execution delay mechanism, when you deposit using the zkSync Era network on the MEXC platform, you will receive a pop-up reminder stating that the deposit on-chain will take 23 hours for verification.


2.1 Advantages of Execution Delay


To ensure the overall network security, the execution delay mechanism allows the zkSync team sufficient time to verify transactions included in a block before it becomes a final transaction. This prevents situations where hackers could exploit vulnerabilities rapidly. Even if hackers discovered a serious issue affecting the zkSync network and successfully compromised the servers running zkSync, the zkSync team would have ample time to detect the vulnerability, conduct investigations, and initiate governance protocols to freeze the network.

3. How to Check the Deposit Progress on the zkSync Era Network


If you want to learn how to deposit cryptocurrency to the MEXC platform, you can refer to the articles "How to Deposit Crypto to the MEXC Platform (Website)" and "How to Deposit Crypto to the MEXC Platform (App)."

This article focuses solely on querying the deposit progress and status, using ZK token deposits as an example.

Open the zkSync Era official website explorer (https://explorer.zksync.io/), copy your withdrawal address and paste it into the search box, click on the search icon [🔍], and you will be directed to the withdrawal address details page.


Scroll down the withdrawal address page to view all transaction operations related to this address.

In chronological order, the first transaction listed is the deposit we just initiated. Click on the corresponding transaction hash to access the details page of this transaction.


On the transaction hash details page, you can see the status of your deposit. "Processed" means that it has been processed by the zkSync Era network, while "Sending" indicates that it is pending to be sent on the Ethereum network.

In addition to the "Sending" action, your deposit also needs to go through the steps of "Validating" and "Executing" before it can be credited. As mentioned earlier, due to the execution delay mechanism, there will be a time lock for every L2 block submitted to L1 before it is executed and finally completed.

On the transaction hash details page, by checking the "Tokens Transferred" record, you can verify if your withdrawal address, deposit address, and token amount are correct.


When your deposit is successful, the status of your deposit on the corresponding transaction hash details page will change to "Processed" and "Executed," indicating that it has been processed by the zkSync Era network and executed on the Ethereum network.


Disclaimer: This information does not provide advice on investment, taxation, legal, financial, accounting, consultation, or any other related services, nor does it constitute advice to purchase, sell, or hold any assets. MEXC Learn provides information for reference purposes only and does not constitute investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. The platform is not responsible for users' investment decisions.

Popular Articles

Is Dogecoin Dead? A Data-Driven Look at DOGE’s Survival Through Market Cycles

Is Dogecoin Dead? A Data-Driven Look at DOGE’s Survival Through Market Cycles

Key TakeawaysDogecoin (DOGE) is not dead; it remains a liquid, actively traded asset with a market capitalization of over $20 billion as of late 2025.Although it trades below its all-time high of $0.7

Is It Worth Staking Crypto? Real Benefits vs Actual Risks

Is It Worth Staking Crypto? Real Benefits vs Actual Risks

Crypto staking promises passive income while you sleep, but is it really that simple?Many investors wonder if locking up their digital assets for rewards makes financial sense, especially when markets

How to Stake XRP? Platforms, Rewards, and Risks Explained

How to Stake XRP? Platforms, Rewards, and Risks Explained

Many XRP holders wonder if they can earn passive income through staking their tokens. While XRP doesn't support traditional Proof-of-Stake mechanisms, multiple platforms offer genuine ways to generate

What Is Bitcoin Staking and How Does It Work?

What Is Bitcoin Staking and How Does It Work?

Bitcoin holders looking to generate passive income without selling their assets now have options beyond traditional trading. This guide explains bitcoin staking, how it works, the rewards you can expe

Hot Crypto Updates

Argentina's President Mired in Crypto Scandal: The Calculated Launch and Political Manipulation Behind Libra's Collapse

Argentina's President Mired in Crypto Scandal: The Calculated Launch and Political Manipulation Behind Libra's Collapse

Key Takeaways Argentine President Milei promoted the Libra cryptocurrency on February 14, 2025, which crashed 85% within hours, causing investor losses exceeding $251 millionCongressional investigatio

JPMorgan Launches Tokenized Money Market Fund on Ethereum: A Milestone in Traditional Finance's Blockchain Adoption

JPMorgan Launches Tokenized Money Market Fund on Ethereum: A Milestone in Traditional Finance's Blockchain Adoption

Key Takeaways JPMorgan Asset Management debuts its first tokenized money market fund on Ethereum mainnetQualified investors gain on-chain access to U.S. dollar yields backed by Treasury securitiesThe

XRP Price Breaks Critical Support: Technical Analysis Reveals Deep Pullback Risks and Trading Strategies

XRP Price Breaks Critical Support: Technical Analysis Reveals Deep Pullback Risks and Trading Strategies

Key Takeaways XRP price breaks below critical $2.40 support level, technical indicators signal intensifying bearish momentumRelative Strength Index (RSI) and moving averages form death cross, indicati

StraitsX Launches on Solana: Singapore and U.S. Dollar Stablecoins Enable Instant Currency Exchange in Digital Forex Revolution

StraitsX Launches on Solana: Singapore and U.S. Dollar Stablecoins Enable Instant Currency Exchange in Digital Forex Revolution

Key Takeaways StraitsX to launch Singapore Dollar (XSGD) and U.S. Dollar (XUSD) stablecoins on Solana blockchainUsers can execute instant SGD/USD swaps on Solana network with significantly improved tr

Trending News

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tabl

USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .

US S&P Global Manufacturing PMI declines to 51.8, Services PMI falls to 52.9 in December

US S&P Global Manufacturing PMI declines to 51.8, Services PMI falls to 52.9 in December

The post US S&P Global Manufacturing PMI declines to 51.8, Services PMI falls to 52.9 in December appeared on BitcoinEthereumNews.com. The business activity in

Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market

Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market

TLDR Chris Burniske predicts that price flows will start driving crypto market narratives. Burniske foresees underperforming cryptocurrencies gaining more attention. Coinbase predicts growth in Q4 202

Related Articles

What is the Lightning Network?

What is the Lightning Network?

1. What is the Lightning Network?The Lightning Network is a scalability solution built on top of Bitcoin, allowing users to quickly send and receive small amounts of Bitcoin with minimal fees. In simp

Understand Ethereum Layer 2 in One Easy Example

Understand Ethereum Layer 2 in One Easy Example

Just what is Layer 2? Before answering that question, let's review the basics:1. Blockchain Layered ArchitectureUsually, blockchains are divided into several layers: Layer 0, Layer 1, Layer 2, and Lay

Seven Years of Excellence! MEXC's 7th Anniversary: Unveiling 5 Key Advantages of Futures Trading

Seven Years of Excellence! MEXC's 7th Anniversary: Unveiling 5 Key Advantages of Futures Trading

As the cryptocurrency market continues its rapid development, Futures trading has become an essential tool for many traders due to its efficiency and flexibility. As a global leader in crypto trading,

Risk Control as a Shield: How to Provide Strong Protection for Users' Assets

Risk Control as a Shield: How to Provide Strong Protection for Users' Assets

In 2025, the crypto market faces both booming enthusiasm and significant risks. Hacker attacks, phishing scams, and price manipulation have made investing a precarious endeavor for ordinary users—one

Sign Up on MEXC
Sign Up & Receive Up to 10,000 USDT Bonus