YELLOW

Most crypto trading platforms force trade-offs between speed, custody, transparency, and market access.

Centralized exchanges provide fast execution but require users to give up custody of their assets. Fully on-chain exchanges provide transparency and self-custody but often suffer from slower execution due to blockchain confirmation times.

Yellow is designed to reduce these trade-offs by combining off-chain execution performance with on-chain asset custody, creating a trading environment that is continuous, low-latency, and rules-based.

High-Speed Trading Infrastructure

Yellow uses off-chain execution and clearing, allowing trades to be matched without waiting for blockchain confirmations.

This enables:

Fast order matching

Immediate updates to the account ledger after trade execution

Continuous market activity without block-time delays

Under internal test conditions, Yellow’s matching engine can reference ~1 millisecond engine-level matching speed. This represents the internal matching capability of the engine and is not an end-to-end latency guarantee for all users.

Self-Custody Through Smart Contracts

User assets are held in smart contracts for deposits and withdrawals, ensuring that traders maintain control of their funds.

When trading on Yellow:

Assets remain locked in smart contracts

The trading balance is updated in Yellow’s off-chain account ledger

Trades update the ledger immediately after fills

On-chain asset movement only occurs during deposit and withdrawal events, allowing trading to remain fast while maintaining self-custody.

Aggregated Liquidity in One Interface

Yellow aggregates liquidity from supported sources into a single trading interface.

This provides traders with:

One consolidated market view

Access to multiple liquidity sources through a single order book

The ability for orders to execute across multiple liquidity pools

A single order may generate multiple fills across liquidity sources, with balances updated immediately in the trading ledger.

Tools for Active and Professional Traders

Yellow supports trading workflows commonly used by active market participants, including:

Spot markets

Perpetual contracts

Advanced order controls such as post-only and reduce-only (where available)

Perpetual markets operate with defined collateral requirements, margin parameters, and liquidation rules, designed to maintain market stability and risk management.

Designed for Continuous Markets

By combining off-chain performance, on-chain custody, and aggregated liquidity, Yellow aims to provide a trading platform where execution speed, asset control, and market access coexist without the traditional compromises seen across many existing crypto trading platforms.