LayerZero Unveils ATLAS Exchange Infrastructure Layer on Zero Blockchain
LayerZero has announced ATLAS, an exchange infrastructure layer built on its Zero blockchain for crypto trading platforms and financial institutions. The system will combine matching, clearing, settlement, and risk management into a single stack, functions that financial institutions often handle through separate infrastructure.
ATLAS is being launched as a backend for trading venues without operating a consumer-facing exchange of their own, allowing exchanges, brokers, and financial firms to keep control of their users and interfaces. Built on Zero, the layer 1 network introduced in February, ATLAS will use the blockchain's zero-knowledge proof architecture to verify trades onchain while handling workloads designed for financial markets.
According to LayerZero, its current ATLAS environment has produced sub-millisecond median latency, with p95 and p99 latency reaching 1.418 milliseconds and 2.641 milliseconds respectively. The company plans to initially provision the system for 200,000 transactions per second at launch.