Overview of Beast — The World’s First BTC L2 DEX

What Is Beast

Beast is a decentralized contract exchange, deployed on Bitcoin Layer 2. It is the first contract DEX on Bitcoin L2, which effectively combines the advantages of CEX and DEX. It is as smooth as CEX and as reliable as DEX. It has massive liquidity and high composability. It trades at lightning speed, universal full-position margin, and a customizable, user-friendly trading interface. It provides traders with secure and transparent contract transactions, creating a unique decentralized contract trading experience. beast unleashes the performance and availability of centralized competitors — on-chain and always self-hosted.

Beast Vision

Starting from the BTC ecosystem, we are determined to build an innovative Web3.0 decentralized contract trading platform.

Beast Implementation Technology — Hybrid Order Book AMM Design

Introduction

Beast’s exchange model integrates a fully on-chain trading venue and risk engine at the protocol level, as well as a top-level off-chain sorter to form a hybrid order book — AMM DEX. The on-chain trading and risk engine contain beast’s core products, including spot and perpetual contract markets.

The sorter acts as a high-performance order book, matching inbound orders input to the protocol layer with extremely low latency.Beast’s on-chain clearing house acts as a hub, integrating perpetual and spot markets, collateral and risk calculations into an integrated system.

Advantages

Each component of the beast trading stack is merged into a powerful on-chain trading platform. The limitations of the isolated DEX model popular in existing DeFi protocols are minimized, while their advantages are amplified in a single trading venue. The resulting hybrid order book-AMM DEX maximizes advantages in performance, flexible liquidity expression, and a diverse product suite.

The Four Major Significances Of Beast’s Creation

NO1. The world’s first truly decentralized options DEX in the BTC L2 ecosystem

NO2. Assets are on-chain, and the capital chain is completely transparent

NO3. Allow users to interact with the Web3 world more conveniently

NO4. Eliminate middlemen through smart contracts and reduce financial transaction costs and frictions

From NO1 To TOP1

Beast is the world’s first BTC L2 DEX, but our goal is to become the top 1 DEX in the BTC ecosystem through technological iteration and product function updates. Please stay tuned!