Econia

Econia is a protocol that lets anyone in the world trade a digital asset with anyone else in the world, at whatever price they want. More specifically, Econia is an order book, a fundamental financial tool utilized by financial institutions like stock markets, except unlike the New York Stock Exchange or the NASDAQ, Econia is decentralized, open-source, and permissionless.

Seed Round: $6.5 Million

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Updated: Apr 10, 2023

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FoundedUnited States

Ecosystems

Aptos

What is Econia

Econia is the back-end settlement engine powering Aptos DeFi. Leveraging Move and Block-STM, Econia offers superior performance, maximum composability, and seamless integration with a suite of protocols.

Econia implements an atomic matching engine that leverages Aptos’ sub-second finality, clearing trades the moment they come in. Isolating state for different markets into different regions of global memory, Econia is hyper-parallelized from the ground up to provide web-scale performance.

From spot trading to leveraged perpetual futures, Econia pools liquidity for maximum capital efficiency.

This back-end approach provides dApp developers and market makers alike with a shared trading venue that can be tapped into from all corners of the ecosystem.

Secure, decentralized, permissionless, fully on-chain, and always open-source, Econia is the base layer for the next generation of DeFi, a settlement engine in the sky for any digital asset under the sun.