Spark has introduced an on-chain order book for the Ethereum ecosystem, powered by the layer-2 chain Fuel Network technology. The aim is to provide fast execution for professional traders as the decentralized finance sector sees a resurgence. The Central Limit Order Book (CLOB) system addresses the limitations faced by existing order books, with users benefiting from transparency, security, and self-custody of their assets. Spark's CLOB mechanism went live on Fuel's L2 network, making it one of the first protocols to deploy its product on the new Ethereum layer-2 scaling solution.



Other News from Today