Overview

An overview of Layer Akira and our vision

LayerAkira is a hybrid order book built on the Starknet ecosystem, supporting spot asset markets. Our mission is to improve liquidity and price discovery on the Starknet ecosystem. Our vision is to be a central hub where DEXs, wallets, and aggregators can access our order book liquidity.

Our team brings a rich history of building low-latency, high-frequency systems and has the backing of a large algorithmic trading firm, ensuring a seamless integration of TradFi principles in DeFi.

Why?

Layer Akira was established to address the need for integrating TradFi volume into the DeFi ecosystem.

While Automated Market Makers (AMMs) are prevalent in the DeFi space because of their ability to pool liquidity, CLOBs offer distinct advantages. Specifically, CLOBs enable traders to benefit from precise price discovery, increased liquidity, a wider variety of order types, and enhanced control over orders.

LayerAkira will be the first infrastructure layer on Starknet that can provide order book spot trading infrastructure with limit orders.

Core features

• Non-Custodial : We never hold user funds. User funds are locked in the smart contracts that can be accessed and withdrawn at any time by the user. LayerAkira do not have access to any of your funds locked in the smart contract

• Gasless order creation and cancellations: As our matching engine and order book are off-chain, all order creations and cancellations can occur gas-free. Users will only need to pay gas for on-chain settlement

• Fast transaction speeds: Off-chain matching engine also allows lightening fast transaction speeds - as we're not limited by the TPS of the Starknet ecosystem

• Fair and transparent trading experience: All deposits, withdraws, orders and cancellations will be processed sequentially and matching will be done according to price/time priority

• Integration with Aggregators: LayerAkira can be integrated seamlessly with Starknet dApps, with the goal of becoming a centralized liquidity model to enhance market depth and efficiency in the overall ecosystem

Note: Akira is currently in the testnet phase. These docs will be updated regularly so make sure you check for updates.