LayerZero's ATLAS Exchange Infrastructure Layer Combines Trade Functions on Zero Blockchain
LayerZero has launched ATLAS, an exchange infrastructure layer built on its Zero blockchain. The system combines trade matching, clearing, settlement, and risk management in one place.
ATLAS will serve as a backend system for trading venues, brokers, and financial firms, allowing them to control their own users and interfaces without competing with the platform. Open ATLAS is designed for crypto apps, prediction markets, and other public products, while Institutional ATLAS lets operators set their own rules for who can trade.
The ZRO token will play a central role in the system, securing the Zero network through staking and serving as gas and governance token. Trading venues that stake ZRO can earn higher fee rebates on ATLAS, with the top rebate tier requiring a stake equal to 1% of the total ZRO supply.
Leveraging LayerZero's Omnichain Fungible Token standard, which has already processed over $290 billion in cross-chain transfers, ATLAS is designed to handle up to 200,000 transactions per second with sub-millisecond median latency. The system will launch later this year, following a difficult stretch for the company's cross-chain business.