πOffering
True P2P liquidity; Yellow Network will enable brokers to link to other connected brokers and exchanges, merge order books, and use liquidity to support their brokerage activities
Yellow Network is a project in development. Not all solutions presented in the following (sub)sections are implemented at this stage. The current, and all subsequent sub-pages, are subject to change.
For more information, visit the Roadmap.
Key Benefits
Works worldwide all-in-one toolset βOpenDAX SDKβ
Easy to deploy for any stakeholder
A Web3 solution ready for mature retail finance
Real-time inter-broker exchange
Near-instant off-chain transactions
Efficient on-chain transactions
A Solution for Everyone
Cutting-edge state channel technology enables fast trading and reaching assets locked on isolated networks without directly bridging them.
For Broker Startups
1-click installation and easy maintenance
Connect to other brokers to enhance your liquidity and offer token pairings
Easy licensing and regulation
For Retail Investors and Traders
Access to audited, licensed, and trusted brokers
Access to multiple assets from various chains
User-friendly UI with familiar features to centralized exchanges
Funds are protected by professional third-party custodians and smart contracts
For Market Makers
Shared liquidity
Ultra high-speed settlement
No hidden network fees
Define your own market making fee
For Exchanges
Offer your clients access to additional token pairings
Deepen the liquidity of existing tokens
Additional revenue stream for market making
Link between CEX and DEX
Access to new markets
Security
Security is ensured by dividing responsibilities between custodians, brokers, and exchanges.
Our solution is hardware and software wallet-based and non-custodial. Unlike most CEXs, this resolves users' safety concerns and significantly decreases the possibility of attacks on Yellow Network. Phasing out controllable hot wallets is a big step towards transparency for the end-user.
Yellow Network also ensures the security of the users' funds by requiring each broker to deposit collateral in the form of $YELLOW tokens to operate on the network. Any fraud or malicious activity that may affect users is detected on the broker's side; the dispute system will immediately return the user's assets, thus preventing fraudulent transactions.
For Brokers
Today, we see hacks occurring everywhere and witness how various bottlenecks and flaws lead to huge token steals. State channel technology proves effective in fighting this dangerous trend. The funds belong to either a state channel or the user's wallet. On both sides, it is impossible to break into the wallet without the secure private key or avoid two-sided confirmation for the final status update on the state channel.
For End-Users
Yellow Network is non-custodial. End-users deposit funds to the smart contract through their personal hard/software wallet. This resolves major end-user concerns about the improper storage of funds and the safety of their assets.
The security of the end-users' funds is also ensured by the amount of collateral that brokers have to deposit before opening a trading channel. As soon as any fraud or malicious activity is detected on the state channel, the dispute system will ensure the return of assets to their rightful owners.
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