DEV Community

walter
walter

Posted on

A Developer's Guide to ApolloX v2 and its Hybrid Orderbook Architecture

This guide provides a technical overview for developers looking to start with ApolloX API Trading, focusing on the ApolloX v2 Exchange architecture and its core component: the ApolloX Hybrid Orderbook.

Step 1: Understanding the Hybrid Model

ApolloX is not a standard AMM. Its architecture is designed for high performance.

Off-Chain Matching: When you place an order, it is sent to a high-speed, off-chain matching engine. This allows for a CEX-like experience with zero gas fees for placing or canceling orders.

On-Chain Settlement: While matching is off-chain, the actual settlement of funds occurs on-chain on networks like ApolloX on BNB Chain. This is a key part of the answer to "Is ApolloX Safe?"—the protocol never takes custody of your funds.

Step 2: Interacting with the API

For programmatic traders, the API is the primary entry point.

Generate API keys from your account on the ApolloX Official Site.

Use the WebSocket API to stream real-time market data.

Use the REST API for authenticated actions like placing limit orders, market orders, and managing your account's margin.

Step 3: How to Trade on ApolloX

When you Trade on ApolloX via the API, you are signing messages that authorize actions, not broadcasting a full transaction for every order. This design is what enables high-frequency strategies that would be too expensive on a purely on-chain system.

Step 4: The Ecosystem Loop

Every trade contributes to the ApolloX Trade-to-Earn program, generating rewards. The platform's direction and fees are controlled by ApolloX DAO Governance, with token holders who follow the Stake APX Guide sharing in the protocol's success.

For all API documentation, authentication requirements, and endpoint details, refer to the Full Official Documentation.

https://sites.google.com/node-protocol.net/apollox/

Top comments (0)