V1 Technical Architecture

XOX V1 is a high-performance decentralized exchange (DEX) that operates using a central limit order book (CLOB) model for both spot and perpetual markets. Every trade executed on XOX V1 is ultimately settled on Ethereum, powered by a cutting-edge Layer 2 validity rollup engine that performs on-chain validation of all trading logic. This guarantees that no fraudulent, incorrect, or manipulative transactions can ever be processed.

State updates are batched and submitted to Ethereum Layer 1 by a decentralized committee of operators, ensuring full transparency and censorship resistance. Zero-knowledge proofs are published on-chain to Ethereum, cryptographically verifying the correctness of all Layer 2 activity and providing Ethereum-level security without compromising performance.

To eliminate price manipulation risks common in centralized venues, XOX V1 sources mark prices from multiple independent, battle-tested oracle providers. This multi-oracle design delivers robust, manipulation-resistant pricing and protects user positions during volatile market conditions, enabling fair and reliable liquidations.

The XOX V1 matching engine is engineered for institutional-grade performance. In its maximum configuration with 10 shards, the platform achieves >20,000 transactions per second (TPS) while maintaining the lowest order-matching latency in the decentralized ecosystem. These metrics deliver a trading experience indistinguishable from top-tier centralized exchanges while preserving full self-custody and on-chain transparency.

XOX V1's architecture represents the optimal balance of Ethereum's uncompromising security, true decentralization, and the speed + cost efficiency demanded by professional traders and high-frequency strategies.

This proven Layer 2 + ZK-proof foundation (built on mature, audited technology stacks used by leading perpetual platforms) demonstrates the XOX team's deep expertise in scalable decentralized systems, zero-knowledge cryptography, and high-throughput trading infrastructure — delivering immediate confidence in system reliability, liquidity depth, and long-term sustainability.