LayerZero and 21X AG Complete Onchain Trading Pilot Using Zero Infrastructure
LayerZero and 21X AG have successfully concluded a month-long technical pilot featuring a fully onchain central limit order book (CLOB) running on a private-permissioned instance of the Zero blockchain. The pilot focused on US equity tokens and achieved a throughput of 10,000 order matches per second, representing a 45x performance improvement over standard Layer 2 EVM baselines. The deployment utilized Zero's EVM-compatible architecture to allow for institutional control over data visibility and network participation while maintaining compatibility with existing multi-chain tools. This pilot demonstrates the viability of running high-performance, regulated trading and settlement end-to-end onchain without relying on offchain matching engines.
Topics: cross-chain interoperability DLT trading institutional blockchain infrastructure onchain order book