High Throughput
An App-Chain unlocks the possibility to move all heavy perp-specific operations to GoLang instead of solidity through pre-compiles.
By migrating operations to pre-compiles, we can dramatically increase throughput.
High TPS is essential to provide Market Makers (MMs) with the agility they need to quote much tighter spreads, offering traders access to better quotes.
Lower Gas Fees
Building as an app-chain enables customizability over the gas fees. The base gas fee on Hubble Exchange has been reduced.
On a L2, the costs of executing trades would be prohibitive, especially with high-frequency trading. Lower gas fees make the trading environment viable for MMs.
Hubble Exchange also optimizes for lower gas fees using Stateful Precompiles. Read more about What are the Stateful Precompiles?
Decentralized Limit Order Book (DLOB) and Decentralized Matching Engine
An app-chain architecture has enabled Hubble Exchange to decentralize its matching engine, creating a Decentralized Limit Order Book (DLOB).
This significant innovation brings a new level of trust and transparency to on-chain trading. Read more about it here: DLOB
