Aptos ecological DeFi protocol Econia Labs launches on-chain order book

2023-11-28 22:49:31BlockBeatsShare to:

APT+0.36% ($6.9426)

BlockBeats news, on November 28, according to The Block, Aptos ecological DeFi infrastructure protocol Econia Labs launched an on-chain order book on the Aptos main network. Econia implements an atomic matching engine that leverages Aptos’ sub-second finality to liquidate transactions immediately upon completion. The company’s website states that during the testnet phase, more than 1,000 traders from 68 countries participated. BlockBeats previously reported that on March 29, Aptos ecological DeFi infrastructure protocol Econia Labs completed a US$6.5 million seed round of financing, led by Dragonfly, with participation from Lightspeed Faction, Wintermute Ventures, Hudson River Trading, Aptos Labs and Flow Traders.

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