2. Introduction

Background and Project Overview

The Web3 space is currently dominated by token trading. It’s a large market with a wide variety of assets, but despite the emergence of new chains like Starknet, most ecosystems are still focused on basic infrastructure. As these ecosystems grow and more DApps emerge, there remains a lack of diverse, user-friendly trading tools.

Built as a Layer 3 decentralized application (DApp) leveraging the underlying chain’s advantages, Trivex delivers a secure, cost-efficient trading experience. A core innovation is our Internal Order Book (IOB) system, which matches offsetting user trades internally before routing unmatched orders to external exchanges. This reduces third-party reliance, lowers transaction costs, and boosts liquidity. When a user places an order, the IOB checks for internal matches; if none are found, the order is forwarded to a third-party exchange, ensuring users can always trade. This also minimizes the need for external liquidity and market makers. Profits are settled directly between users, reducing fees and improving fiat reserve efficiency.

To manage funds and fees, Trivex uses an Automated Market Balancer (AMB) system. This algorithm determines user fees based on factors such as lender rewards, broker/exchange balances, conversion costs, and IOB activity. It also automates fund transfers between users and exchanges as needed.

Trivex offers cryptocurrency contracts and hedges risk by executing trades through either third-party exchanges or the IOB. Unlike typical DEXs or DeFi platforms, Trivex offers a more familiar, streamlined crypto trading experience.

Beyond trading, Trivex enables users to create, test, and share automated trading strategies. Profitable strategies are published in the strategy marketplace, where others can follow them. Strategy creators earn a share of the profits, while Trivex charges a small commission and transaction fee. The platform supports advanced strategies through a robust technical backend.

By leveraging layer 3 blockchain infrastructure and innovative systems like the Internal Order Book (IOB) and Automated Market Balancer (AMB), Trivex delivers a transparent, secure, and cost-efficient trading experience. It bridges the gap between ecosystem trading users with the whole market by offering familiar trading mechanics alongside on-chain efficiency, empowering users with new investment opportunities and advanced strategy tools across decentralized markets.