[ Aptos Ekiden testnet Open ] What is Ekiden? Hybrid DEX. Combines off-chain CLOB and on-chain deferred settlement. *Deferred settlement: Orders are matched off-chain and settled on-chain at regular intervals. CEX speed + DEX decentralization. Why Hybrid DEX? 1. Client => Places orders through the Aptos wallet. 2. Infrastructure (off-chain engine) => Quickly matches orders and handles settlements. 3. Smart contract (on-chain) => Records and verifies actual transaction results. Core technologies of Ekiden 1. CLOB + Deferred settlement Orders are matched off-chain within 5-15ms. Results are aggregated and posted to the Aptos chain in the form of a Merkle root for transparency. 2. Vault isolation Collateral and settlements are managed by separate vault contracts to reduce system risk. 3. Roll-up method Processes many orders together to save on gas fees. Simultaneously ensures reliability through cryptographic proof. Why Aptos? Ultra-parallel processing => Large-scale orders are...
We’re excited to announce that Ekiden is now live on the @Aptos testnet.
Our testnet launch marks a key step toward mainnet, as we validate platform stability, performance, and security in a real-world environment.
Here’s how to get involved. 🧵👇
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