Protocol
Trading

Order Book

Price-time priority matching, tick sizes, and full on-chain transparency

Order Book

The order book operates identically to a traditional exchange order book but is fully on-chain. Orders are matched by price-time priority: best price fills first; at equal prices the earliest order fills first. Orders matched within the same block are treated as simultaneous, eliminating intra-block front-running advantage.

Minimum price and quantity increments (tick size and lot size) are determined by asset precision. The full order book is publicly queryable on-chain at any time. No hidden orders, no dark pools, no preferential routing.