🚀 Meet Reya: The 1st Zero-Gas trading-optimized L2
Leveraging @arbitrum's Orbit and Gelato's Rollup-as-a-Service, @reya_xyz is revolutionizing trading with the world's first modular liquidity network.
Reya Network is designed to address the limitations of generalizable networks, fully optimized for a single-use case; onchain trading.
→ Gas-free trading experience
→ 100ms block times & >30k TPS
→ Inbuilt liquidity for DEXes to use
At its core, Reya Network focuses on two layers.
→ Chain Layer: The chain layer equips traders with tools that counter the pitfalls of generalizable chains, ensuring enhanced security, user experience, and a clear path to network decentralization.
→ Protocol Layer: This layer reshapes the landscape of DeFi applications. By adopting a modular approach to financial logic, Reya enables the seamless deployment of applications, including PnL settlements, margin requirements, and liquidations, liberating the application layer.
Under the hood, Reya utilizes a customized @Arbitrum Nitro Tech Stack, employing Arbitrum AnyTrust DAC with block times of 100ms and throughput of up to 30,000 TPS as a strong foundation for a dedicated transaction lane. This makes Reya Network one of the fastest and most secure EVM Layer 2 rollups on the market.
Reya is engineered with a fully serviced model on top of Gelato RaaS, enabling core functionality as of day 1, leveraging Gelato's Suite of Web3 Services like Functions and Relayers for a gas-free, CEX-like user experience and a handful of essential infrastructure and tooling ↓
→ @redstone_defi oracles for reliable, and diverse data feeds on-chain
→ @Goldsky indexers for accessing instant, data-driven experiences
→ @blockscoutcom block explorer for easy access to block & tx data
→ @safe multi-sig UI for added security of assets
"Reya combines the best-in-class web3 infrastructure tools, being Gelato Web3 Functions, Redstone Oracles & Arbitrum Orbit Layer-2 technology, to create the most advanced Perpetual DEX in the market today. " - said Hilmar Orth, Founder of Gelato. “2024 will be the year where on-chain DEX will outcompete their centralized counterparts in performance & user experience while providing a more transparent, interoperable, and non-custodial trading environment.
The inaugural DEX to launch on the Reya Network will be Reya Perps DEX merging the off-chain speed, zero-gas UX, and high throughput of centralized exchanges with the transparency, self-custody, decentralization, and composability of DeFi, creating a Ce-DeFi hybrid perpetual exchange that delivers the best of both worlds.
Join us today for X Spaces with @Arbitrum and @reya_xyz to learn more about how Reya is revolutionizing onchain trading ↓
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