JayX Docs
  • 🔭Visions
    • Background
    • What is JayX?
    • Why I/we choose to be anonymous?
  • 📑Solutions
    • Tech Stack
    • Non-Custodial Account
      • What is Chain Abstraction
      • Multi-Chain Signatures: One Account, Multiple Chains
      • Exchange Node Relay Function
      • SSO + Authentication (Wallet Connect)
    • DID/KYC
      • Decentralized Client Verification
      • ZK for Privacy-Preservation
      • Third-Party Verification and On-Chain Endorsements
      • Exchange Node Operators with Choice
    • Asset Management
      • Asset Storages
    • Dapp
      • Exchange Nodes
        • Key Functions of the Exchange Node
        • Order Flow Process
        • Incentive to Operate Nodes
        • Order Book
        • Oracle
  • ⛓️Token (Pending)
    • Utility Token - $SEED
      • Protocol Level Utilities
      • Application Level Utilities
      • Invitation and Referral Rewards
    • NFT - EGG & BIRD
    • Governance Token - $JAY
  • 📖API Docs
    • Intro to Spot Trading API
    • General Info
    • Endpoints
    • Websocket Stream
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Exchange Nodes

The exchange node within the JayX blockchain network is designed to fulfill a multifaceted role, centralizing critical functions that facilitate seamless trading and interoperability across various chains.

The exchange achieves the security, inclusivity, censorship resistance that comes with a decentralized exchange while retaining the efficiency and liquidity of a centralized exchange by leveraging on chain abstraction to keep heavy orderbook activities and matchmaking off chain in the exchange node protocol and providing a copy of its implementation opensource so that anyone can participate in the execution of the orderbook and ensuring the fairness and transparency of the exchange.

PreviousDappNextKey Functions of the Exchange Node

Last updated 1 year ago

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