The future of web3 orderbooks is being built right now - but not in one single way. Over the past few weeks, our CLOB Wars series brought together a wide range of builders, each tackling onchain orderbooks with their own unique tech and vision - from custom VMs and CLOBs on BLOBs, to privacy-first and seamless cross-chain composability. Here’s a closer look at each team and their approach 👇
.@bulletxyz_ Bullet is a CLOB on @solana that recently transitioned from building directly on the L1 to launching the first “network extension” - a specialized, trading-optimized zone that still settles back to Solana (similar to a rollup). After hitting performance bottlenecks on the L1, the team built a custom environment to reduce congestion and improve latency, while retaining Solana’s user base and security guarantees.
.@hibachi_xyz One project embracing the “CLOBs on BLOBs” design space is Hibachi, a privacy-first exchange built on @celestia - with ZK proofs powered by @SuccinctLabs. Their design centers on three core principles: 1️⃣ Private but verifiable 2️⃣ A high-performance order book (3ms latency - and getting faster) 3️⃣ Fallback mechanisms for users “We encrypt user data, post it to Celestia, and generate a ZK proof to show that the encrypted state does in fact point to the original data that was used to generate the zk-proof." — @GandalfTheBr0wn Here’s a clip of Gandalf giving a brief overview of their platform and the reasoning behind their design 👇 Watch the full episode ➡️
.@rise_chain Another team leaning into the “CLOBs on BLOBs” design is RISE - a high-performance Ethereum L2 that uses @celestia for data availability. RISE focuses on speed and throughput, targeting confirmation times as low as 1–3ms and aiming for 100K+ TPS - all while maintaining full EVM compatibility. They’re also adopting based sequencing in the future to boost censorship resistance and liveness, and are exploring Solana-style shreds to enable continuous, low-latency execution. RISE is building an environment to support apps that need real-time execution, including CLOBs like @nitro_dex. Here’s cofounder @sam_battenally giving a quick overview of their approach 👇 Watch the full episode ➡️
Which design direction stood out to you most - and which one do you think is best positioned for the long term? Let us know 👇
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