X.
X Foundation
Launch app
On-chain · Broker-grade · Open

Broker-grade perps,
settled fully on-chain.

The X Foundation stewards the X.Broker protocol — a fully on-chain order-book exchange with the depth, latency, and execution quality of a top-tier prime broker.

24h volume
$8.4B
Cumulative volume
$2.1T
Markets
180+
Ecosystem

A growing landscape of products built on the stack.

Perpetuals DEX
Cross-margin perps with deep order books and millisecond execution.
Spot Markets
On-chain spot trading with native asset deployments.
X-EVM
Permissionless EVM execution environment with shared liquidity.
XLP Vault
Protocol-owned liquidity vault open to community depositors.
Broker Codes
Revenue-sharing for apps routing flow through X.Broker execution.
XIP-1 / XIP-2
Open standards for permissionless asset and AMM deployment.
The stack

Purpose-built infrastructure from consensus up to the order book.

X-BFT consensus
Custom BFT consensus optimized for one-block finality at exchange-grade throughput.
On-chain order book
All orders, fills, liquidations and cancellations live on-chain — fully transparent.
X-EVM
General-purpose smart contract layer composable with native order book liquidity.
Native USDC bridging
Frictionless deposits and withdrawals with sub-second finality.

Trade like a pro. On-chain.

Try the demo terminal — live market data, simulated positions, no signup.

Launch the app