LXDX is a system that will eventually route orders to both our dark and lit products as well as all other major liquidity sources. We will provide extensive metrics for users to measure the quality of our executions against other benchmarks. Furthermore, we provide detailed schematics for how our exchange is architected, our network topology, and what occurs during the life cycle of an order on our systems. Our liquidity provider program, Proof of Risk, is fully open to the public. If you can write an algorithmic trading bot to earn credits, you reap the same benefits as anyone else. Period. Zero nepotism. Zero favoritism.
There has been ample speculation concerning fictitious exchange volumes. To help empower researchers to prove the veracity of our markets, we will provide L3 exchange market data freely available for download. We come from a background where such manipulations are a grievous offense and will work with the community to the highest degree to demonstrate we are not participants in such conduct. We are dedicated to following the rules of every jurisdiction in which we operate. We’re applying for broker-dealer and/or exchange licenses in Singapore, Hong Kong, and the United States. A sizable percentage of our capital raise will be committed to compliance and licensing efforts. The more regions in which we can safely operate, the more users we can onboard, the greater we can grow the crypto excosystem and the better liquidity we can help provide for everyone.