The DeFi infrastructure protocol Econia Labs has launched an on-chain order book on the Aptos mainnet
ChainCatcher news, according to The Block, the Aptos ecosystem DeFi infrastructure protocol Econia Labs has launched an on-chain order book on the Aptos mainnet. Econia has implemented an atomic matching engine that leverages Aptos's sub-second finality to settle trades immediately after completion. According to the company's website, over 1,000 traders from 68 countries participated during the testnet phase.
According to RootData, Econia Labs has completed a $6.5 million seed round of financing, led by Dragonfly, with participation from Lightspeed Faction, Wintermute Ventures, Hudson River Trading, Aptos Labs, and Flow Traders, among others.
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