Introduction
Last updated
Last updated
Ekiden is a decentralized, orderbook-based hybrid exchange built on the Aptos blockchain, tailored for both professional traders and newcomers. Ekiden combines an off-chain Central Limit Orderbook (CLOB) with deferred on-chain settlement to deliver unparalleled performance, transparency, and capital efficiency.
Our mission is to create a scalable, institutional-grade trading platform that leverages Aptos’ cutting-edge technology for spot and perpetual futures markets. Backed by a rollup-like architecture and Merkle-based proofs, Ekiden is engineered to meet the demands of high-frequency traders and DeFi enthusiasts alike.
One orderbook. Infinite scalability. Built for the future.
Ekiden redefines on-chain trading with lightning-fast performance and decentralized security. Through a hybrid design that posts compressed Merkle proofs on-chain and maintains full data off-chain, Ekiden operates as a scalable rollup - delivering deep liquidity, rapid execution, and trustless settlement. Whether you’re trading spot assets, managing perpetuals, or experimenting with NFT-based strategies, Ekiden offers a unified, institutional-ready platform.
Trade perpetuals with precision and scale:
Central Limit Orderbook (CLOB): Off-chain order matching with on-chain Merkle proof commitments for transparent, auditable price discovery.
Deferred On-Chain Settlement: Batched commitments of orderbook state changes posted to Aptos, optimizing throughput while ensuring verifiability.
Position Management: Positions tracked via original order data against inclusion proofs in the orderbook and registry.
NFT-Based Trading Strategies: Matching engine support for programmable, NFT-driven trading (in development).
Price Discovery: Driven by CLOB, with spot market integration planned.
Effortless spot trading, built for scale:
High-Performance Execution: Low-latency trades with deep liquidity, powered by Aptos’ parallelized architecture.
Unified Platform: Seamlessly switch between spot and perpetuals in one interface.
Aptos Advantage: Near-instant settlement with minimal fees.
Ekiden’s Vaults are tailored for specific roles:
Deposits & Withdrawals: Secure fund management with permissionless exits for user control.
Position Management & Liquidations: Isolated Vaults handle positions and risk with narrowly scoped APIs.
Cold Wallet Integration: Optional support for enhanced security.
Separation of Concerns: Each Vault focuses on a single function, ensuring efficiency and clarity.
Ekiden’s core innovation is its hybrid scalability:
Merkleized Orderbooks: Orders, deposits, and withdrawals compressed into Merkle proofs and stored on-chain.
Data Availability: Full data hosted off-chain on nodes or external layers, accessible for verification.
Batch Processing: Opening/closing orders and settlements batched for efficiency, reducing blockchain load.
Execution Speed: Latency as low as 5-15 milliseconds, rivaling top CEXs.
Taker Fee: Competitive at 0.02% (PoC baseline).
Maker Fee: Zero, encouraging liquidity provision.
Power meets simplicity:
Rapid onboarding and trading (seconds targeted for full release).
One-click trading with streamlined wallet interactions.
Customizable tools for retail and institutional users.
Your keys, your assets. Ekiden ensures full control with no centralized intermediaries - trade with confidence.
Ekiden’s hybrid rollup design balances speed and transparency:
Off-Chain CLOB: High-speed order matching with latency of 5-15 ms.
On-Chain Commitments: Merkle proofs of orderbook and position registry inclusion posted to Aptos.
Deferred Settlement: Batched state updates reduce blockchain congestion while maintaining verifiability.
Data Layers: Full orderbook data available via nodes or external availability solutions.
Ekiden harnesses Aptos’ advanced blockchain:
Hyper-Parallelization: Handles institutional-grade volume with ease.
Low Latency: Executes trades in 5-15 ms, matching CEX benchmarks.
Secure Settlement: Robust, trustless on-chain finality.
On-chain exchanges struggle with scalability, speed, and computational limits. Traditional designs ported to blockchain suffer from slow execution, shallow liquidity, and inefficient resource use - leaving traders underserved.
Ekiden rewrites the rules:
Hybrid Rollup: Off-chain efficiency with on-chain trust.
Institutional Scalability: Merkle proofs and Aptos unlock limitless growth.
Precision Trading: Deep liquidity and rapid execution for all.
At its heart, Ekiden is built to put power back in your hands. Every trade, deposit, and withdrawal happens on your terms - transparent, secure, and free from middlemen.
Control: Connect your Aptos wallet and trade with full custody of your assets—no third-party gatekeepers.
Clarity: Every order and settlement is verifiable on-chain, thanks to Merkle proofs and Aptos’ open ledger.
Flexibility: From spot markets to perpetuals, manage your strategy your way, with tools designed for all traders.
Fair Access: No privileged insiders—just a level playing field powered by smart contracts.
With Ekiden, you’re not just trading - you’re shaping a system that answers to you.
