Hubble Exchange is a trustless and composable trading system for perpetuals. Engineered at the intersection of derivatives and application-specific VMs. Hubble Exchange is powered by Hubblenet: a perp-specific chain customized to embed a fully Decentralized Limit Order Book and its Matching Engine.
These perp-specific customizations enable Hubblenet to be the foundation of a next generation on-chain trading system.

USDC is the choice of gas token on Hubble Exchange. This allows validators on Hubblenet to earn real yield for validation, and makes building dApps more straightforward and agnostic of any specific ecosystem. It also dramatically reduces friction for traders - since they don’t need to buy a new token to onboard to the exchange.

Direct, fast and cheap deposits are available from Avalanche and Arbitrum. Ethereum, Arbitrum, Optimism, BSC, Base, Polygon and Fantom deposits are also supported.

Hubble Exchange offers a 0.25 BPS (Basis Points) / 0.0025% reward on Maker Orders, so you’ll actually earn fees on limit orders that are not filled instantly. On Taker Orders, Hubble Exchange charges a 0.040% fee. If you apply a referral code to your account, you’ll be eligible for a 20% discount.

Multi-Collateral is a feature that allows maintaining exposure to a diverse portfolio of assets as collateral while you’re trading on Hubble Exchange. This unlocks numerous strategies, including delta-neutral ones where you could earn yield on liquid staking tokens (LSDs) like STETH and sAVAX.
This feature will be unlocked soon.

This feature allows traders to utilize the unrealized gains from open positions as collateral for new positions, effectively maximizing their available margin. This improves capital efficiency for traders and MMs. However, its essential to understand that while cross-margin can increase the potential for profits, it also increases risk. If one of the positions goes against the trader, it could impact the entire account, not just a single trade.

Using an application-specific blockchain, Hubble Exchange achieves the following objectives:

• It improves throughput and reduces transaction costs by optimizing the blockchain specifically for perpetuals.
• It decentralizes the matching engine, leading to the creation of a Decentralized Limit Order Book (DLOB).
• By using USDC as the gas token, the process of onboarding from centralized exchanges and other blockchains becomes much more frictionless.

High throughput, measured as transactions per second (TPS), and lower gas fees are essential for Market Makers (MMs) as they allow for rapid, cost-effective operations. When these conditions are met, MMs can offer much tighter spreads, providing traders with better quotes and improving the overall trading experience.