Econia Labs, the DeFi protocol in Aptos ecosystem, has launched an on-chain order book.
According to BlockBeats news on November 28th, Econia Labs, a DeFi infrastructure protocol in the Aptos ecosystem, launched an on-chain order book on the Aptos mainnet. Econia has implemented an atomic matching engine that utilizes Aptos' sub-second finality to settle immediately after a transaction is completed. The company's website claims that during the testnet phase, over 1,000 traders from 68 countries participated. As previously reported by BlockBeats on March 29th, Econia Labs completed a $6.5 million seed round financing, with Dragonfly leading and participation from Lightspeed Faction, Wintermute Ventures, Hudson River Trading, Aptos Labs, and Flow Traders.