XOX V1

XOX V1 is the Minimum Viable Product (MVP) launch version of XOX — a high-performance, orderbook-based perpetual decentralized exchange (Perp DEX) engineered to deliver a fully native, centralized-exchange-level trading experience while remaining completely on-chain and non-custodial.

Core Philosophy: Built for Sustainable, Organic Growth

The XOX team holds a fundamental belief: long-term success of any trading platform depends entirely on genuine user adoption driven by superior product quality rather than short-term incentives alone. With extensive hands-on experience in crypto derivatives markets, we designed XOX from day one around real trader needs and pain points. Our guiding principle remains simple and unwavering: “Build something users genuinely love and keep using.”

XOX V1 establishes the platform’s technical and product excellence across every critical dimension:

• Battle-Tested Scaling Infrastructure XOX is powered by mature zero-knowledge rollup technology with a proven track record of processing over $1.28 trillion in cumulative trading volume since 2020 (StarkEx-based systems). This infrastructure has been stress-tested under extreme market conditions and consistently delivers the performance, reliability, and cost efficiency that professional traders demand.

• Zero-Knowledge Rollup Security Model Every order, cancellation, and settlement is validity-proven by independent third-party committees. Batches are settled on Ethereum L1 with published zero-knowledge proofs, guaranteeing mathematical certainty of transaction correctness and fund safety without relying on trusted parties.

• True Self-Custody & Permissionless Withdrawals Users retain full control of their assets at all times. Unlike centralized exchanges, XOX never holds private keys and cannot block or delay withdrawals — funds can be withdrawn to L1 instantly and without platform approval, eliminating counterparty risk entirely.

• Manipulation-Resistant Pricing Mark prices are sourced from multiple independent, decentralized oracle networks. This eliminates oracle manipulation attacks and ensures fair, accurate liquidations even during extreme volatility — a persistent problem on many competing venues.

• Industry-Leading Execution Performance The XOX matching engine delivers sub-millisecond latency and multi-shard throughput capability. When scaled to 10 shards, XOX achieves significantly higher orders-per-second and lower match latency than existing high-performance Perp DEXs, providing a measurable edge to professional traders and market makers.

• Professional-Grade Interface & Feature Set Clean, responsive UI/UX designed specifically for perpetual futures traders, including advanced order types, TradingView-grade charts, sub-account architecture (enabling true bi-directional and hedging strategies within a single wallet), and portfolio margining.

• Frictionless Onboarding & Cross-Chain Support Users can create accounts with just an email via MPC wallet technology. Deposits and withdrawals support all major chains natively, removing the biggest barrier to entry for new and retail traders.

• Deep, Incentivized Liquidity from Day One XOX launches with committed professional market-maker partnerships and a comprehensive liquidity reward program (liquidity mining + fee rebates) that distributes XOX governance tokens to both liquidity providers and active traders. This dual-incentive model, proven successful on platforms such as EdgeX, GMX, and dYdX, ensures tight spreads and substantial depth immediately at launch and sustains liquidity growth over time.

Mobile App – Launching Immediately After Web Version A fully featured native mobile application (iOS & Android) is in final testing and will be released within weeks of the web platform, enabling retail traders to monitor positions and execute trades anywhere.

XOX V1 combines the speed, feature set, and user experience that professional traders expect from top centralized venues with the transparency, security, and self-custody that only a properly designed decentralized system can provide — all while offering meaningful economic upside through governance token rewards for the entire community (traders, liquidity providers, and long-term holders alike).