Hubble Exchange’s Multiverse of OrderBooks unlocks a validator economy around an infinite array of order types, unlocking possibilities such as Private Orders, Gasless Orders, Just In Time Orders and as well as a multitude of other opportunities.
An Overview 👇
The Multiverse of Order Books is unlocked because Hubblenet's architecture is ingeniously designed to accommodate more than a single order book source.
The system's adaptability allows for the integration of additional order book sources for a market, contingent upon the support from at least one validator in the network committed to managing order matches on the book.
All the order books share liquidity with each other.
This unlocks the opportunity to build:
Private Orders: Relaying orders privately to participating validators.
Just-In-Time Orders: These orders will be revealed only when they are matched.
Gasless Orders: enabling MMs to offer tighter spreads and low-cost trading.
There’s also an opportunity to improve scalability by Broadcasting Orders on an Agnostic Data Availability Layer.
Traders can relay signed orders on a cheap data availability layer and participating validators can pick these orders and match them on the Hubblenet.
We foresee the emergence of a validator economy revolving around these possibilities. For instance, a validator who opts to support private orders might levy a premium for offering that service.
Hubblenet will always serve as the underlying settlement layer.
