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Spicenet (SPICE)

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Spicenet is a trading L2 (Layer 2) solution, built as a custom app-rollup for delivering fast and reliable trading experiences with transaction processing under 1ms.

Seed Round: $3.4 Million

Spicenet White Paper Whitepaper

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Ticker
SPICE
Type
Utility-token
FoundedIndia

What is Spicenet

SpiceNet is a custom-built app rollup designed for fast, reliable, and capital-efficient trading. Operating as a sovereign rollup on Celestia, it uses ZK Fraud Proofs via the Sovereign SDK to reduce challenge periods to hours, enhancing fraud resistance.

SpiceNet provides sub-millisecond transaction processing, gas-free trading, and scalability through asynchronous execution and sharding. Its modular toolkit includes a shared order book and integrated exchange infrastructure, empowering developers to create high-performance trading applications with shared liquidity.

Funding Details

Funds Raised (as of now) 3,400,000 USD

Project team

Matthew McConnell
Matthew McConnell
Chief Operating Officer
Matthew McConnell linkedin-team
Karthik Pariti
Karthik Pariti
Chief Technical Officer
Karthik Pariti linkedin-team

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MVP

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