Reya Network is a new type of network that has liquidity embedded into the network design.
Reya pushes the boundaries through 3 key pillars:
- Its novel passive liquidity design enabling shared liquidity
- Margin engine logic is embedded into the Reya Network
- The network is lightening fast with 100ms block times and purported TPS of over 30K.
This is achieved through a custom deployment of the Arbitrum L3 “Orbit” tech stack.
Reya is the first L2 optimised for DeFi trading, with deep shared liquidity, superior capital efficiency, and lightning-fast transaction speeds.
The chain has quickly grown to almost $300M in TVL since YTD, and with the CEO present at ETHCC Brussels, Reya DEX trading volume is up 50% WoW to $90M USD.
Reya's current in-house platform is live and can be accessed here: reya.xyz
Using this ‘interoperable liquidity’ Reya Network attempts to remove the largest constraint that holds DEXs from fully competing with CeFi: performance.
Camelot DEX is now live on the @reya_xyz Layer 2
Camelot started as the native DEX for Arbitrum, and this mission is now expanding to its network of chains. Being deployed on multiple Orbit chains, the “Castle” will act as a hub to connect Reya to the broader Arbitrum ecosystem. Camelot is excited to join the network and provide the ecosystem with spot AMM infra.”