Key Highlights: European trading venue 21X and LayerZero reported that a private, permissioned deployment of Zero processed 10,000 order matches per second during a month-long technical pilot. The trial tested a fully onchain central limit order book focusing on US equity tokens, achieving a reported 45-fold performance improvement over an EVM layer-two baseline. While the ...
Key Highlights: LayerZero and regulated European digital asset exchange 21X AG have successfully finalized a technical pilot evaluating institutional trading on the Zero blockchain. Conducted over a one-month timeframe on a private-permissioned network, the trial utilized 21X AG’s fully on-chain central limit order book (CLOB) to trade U.S. equity tokens. The system achieved up to ...
Key Highlights: MF Markets has introduced onchain trading for the New York Harbor Ultra Low Sulfur Diesel (ULSD) benchmark, collateralized entirely in $USDC. The decentralized platform features self-custodial trading with up to 40x leverage, operating via a transparent, public onchain order book. Developed within the MANTRA ecosystem, the listing ties platform fee mechanics to the ...
MoonPay Acquires Rhythm to Expand Onchain Trading Infrastructure MoonPay is expanding further into onchain trading through the acquisition of Rhythm, a platform designed to help…