Altlayer

<p>AltLayer, a decentralized protocol assisting blockchain developers to release and improve rollups, has announced an exclusive partnership. As per the platform, it is joining forces with LogX, a leading decentralized perpetual exchange that deploys AI-driven strategies, to offer it exclusive Rollup-as-a-Service solutions. The firm recently disclosed this collaboration on its official X account.</p><h2 id="header-0">AltLayer Provides RaaS Solutions to LogX in Its New Collaboration</h2><p>In its latest series of X posts, the platform expressed its excitement for this endeavor. In addition to this, it mentioned that this partnership denotes the development of the earliest Modular Derivatives Trading Layer. It reportedly focuses on offering infinite scalability to consumers. LogX operates as a well-known <a href="https://blockchainreporter.net/glossary/decentralized-exchange-dex/" rel="noopener noreferrer nofollow">decentralized exchange</a> that deals with derivatives trading.</p><p>At present, the exchange sees a remarkable trading volume, surpassing the figure of $18 billion. It gets substantial support from EigenDA with Data Availability. The platform intends to deliver a trading experience similar to a centralized exchange to facilitate numerous consumers on-chain. Nonetheless, they experienced several issues in accomplishing their vision because of several bottlenecks in the present infrastructure.</p><p>To deal with such problems, LogX required a scalable and resilient infrastructure add-on. Hence, rollups offer an ideal solution for this with their capability to raise throughput and minimize latency. For this purpose, AltLayer provides its cutting-edge rollup infrastructure. The roll-up technology of AltLayer enables LogX to carry out more than 30,000 transfers per second.</p><h2 id="header-1">The Collaboration Enables LogX to Offer a Scalable and High-Speed Forum for Matchless Trading</h2><p>The joint initiative of <a href="https://www.logx.trade/" rel="noopener noreferrer nofollow">LogX</a> and AltLayer focuses on advancing the on-chain experience for a great number of consumers. By benefiting from the RaaS solutions of AltLayer, LogX can offer a scalable, high-speed, and unparalleled trading forum. With this platform, LogX target</p>

AltLayer Commences Partnership with LogX to Offer RaaS Solutions

Table of Contents

BlockchainReporter

Other articles published on Jul 19, 2024

Pawfury (PAW): Revolutionizing Crypto through Gaming Integration and High APY

Bitcoin Options Worth $1.12 Billion Expire as Traders Anticipate Price Correction

Rollblock and Render Top Most Bullish Small/Mid-Cap Cryptos of 2024; FIL and UNI Holders Are Losi...

We are thrilled to announce our new partner - @HashKingGlobal

UFC Champ Alex Pereira Joins BlockDAG! What This Means for Ethereum and Ethena Investors—Find Out...

Shiba Inu team addresses the WazirX hack, where trillions of SHIB were stolen

Join our free newsletter for daily crypto updates!