We’ve had an alarming number of projects building or integrating CLOBs in recent times. I did a deep dive into the landscape a while ago, exploring about 30 of them. Couldn’t cover them all in one post, so if you’ve been waiting for part 2 of CLOB Wars, here you go🧵

ICYM the first part, check it out here

@Aster_DEX Aster is a multi-chain perp DEX with high leverage and yield opportunities. Features; ➸ Simple and pro trading modes to serve both newbies and advanced traders ➸ Users can place invisible orders that stay hidden from the public order book ➸ Multi-chain support.

@deriverse_io Deriverse is an all-in-one DEX for spot, derivatives, and options trading on @Solana. Features; ➸ Low-cost, permissionless launchpad ➸ In-built and fully on-chain CLOB ➸ Comprehensive suite of trading instruments, eliminating the need for multiple platforms.

@tradeparadex Paradex is a perpetual orderbook DEX with off-chain batching and on-chain verification. Features; ➸ Custom L2 ➸ Unified margin, multi-collateral, and automated vaults ➸ Perpetual options, offering leveraged exposure with no expiry and no liquidation risks for buyers.

@lighter_xyz Lighter is a perpetual order book DEX that supports full CLOB trading options. Features; ➸ Custom zk-rollup (zkLighter) for better security and scalability ➸ Verifiable matching engine for auditable trade execution ➸ Transparent liquidations and anti-self trading, to ensure fairness and prevent wash trading. ➸ Use of order book tree instead of blobs ➸ Public pools for retail investors.

@bulletxyz_ Bullet is a Solana-based order book DEX for perps and spot trading. Features; ➸ Specialized execution layer that uses ZKPs for verifiable on-chain settlements ➸ Low latency and multi-collateral functionality ➸ App-specific sequencing to minimize toxic MEV.

@edgeX_exchange EdgeX is a high-performance, orderbook-based Perp Dex with native trading experience. Features; ➸ Up to 100x leverage ➸ Features for hedging, splitting, reversing, or closing all postions ➸ Social login and multi-account functionality ➸ Self custody and ZKP verification ➸ Cross-chain deposits and withdrawals.

@MetalXApp Metal X is an orderbook DEX on @XPRNetwork, with support for on-chain trading, farming, and lending. Features; ➸ Fully on-chain orderbook ➸ Zero gas and trading fees ➸ TradingView chart integration for in-depth technical analysis.

@AftermathFi Aftermath is a Sui-based order book DEX that offers low slippage and best price execution. Features; ➸ Smart order routing for the best prices across liquidity sources ➸ Automated market-making vaults ➸ One-click hedging strategies ➸ Multi-asset liquidity pools.

@XPRESSprotocol XPress is a high efficiency DEX on @SonicLabs with low slippage and high composability. Features; ➸ Fully on-chain CLOB ➸ One-click liquidity provisioning ➸ Sub-second finality and instant settlement.

@derivexyz Derive is a CLOB DEX on Derive Chain, focused on perps and options trading. Features; ➸ Centralized matching engine and on-chain settlement ➸ Low latency and multi-collateral support ➸ Subaccounting allows for portfolio management by isolating risk per strategy.

@etherealdex Ethereal is Ethena’s order book DEX that supports perpetuals and spot trading. Features; ➸ Powered by USDe and Ethena for deep liquidity ➸ USDe deposits use the Omnichain Fungible Token (OFT) standard via LayerZero, enabling one-click deposits from supported chains.

@hibachi_xyz Hibachi is an anti-rug, hybrid perp DEX that executes orders off-chain and settles on Ethereum. Features; ➸ Off-chain CLOB and on-chain settlement ➸ Verification using ZKPs ➸ Portfolio margin functionality, allowing the use of one pool of collateral across multiple positions.

There are definitely mour out there but i wanted to talk about all CLOBs that were initially highlighted so if you are following this series, watch out for the next part that will feature more.