Econia, an on-chain order book designed for atomic execution and settlement, has officially launched on the Aptos Mainnet. This development follows a successful testnet phase during which the platform experienced significant engagement, featuring over $7.6 billion in trading volume and the participation of 1,000 active users.
According to the press release, Econia integrates with Aptos’ advanced optimistic concurrency model, providing users with a trading experience that combines the advantages of both centralized and decentralized exchanges (DEXs) within a unified platform. One notable feature is its support for unrestricted market registration, facilitating a diverse array of trading pairs.
In its initial phase, Econia’s front-end partners and market makers are focusing on the APT-lzUSDC pair. They are utilizing the Stargate bridge, built on the LayerZero interoperability protocol, to integrate USDC into the Aptos ecosystem. This bridge aims to streamline cross-chain asset exchanges, offering users the benefits of minimal fees and rapid transaction speeds.