Launch your own exchange
on working technology.
Exchange software offering spot and futures trading on a single platform, licensed module by module. From the matching engine to the wallet infrastructure, the entire stack is our own build.
Self-hosted or managed delivery · Module-based licensing
Five asset classes on a single engine
Crypto, forex, metals, commodities and index markets all run on the same matching core.
The full stack beneath the exchange
Spot + futures, one platform
The two trading types don't require separate systems; your users work with one account, you work with one panel.
Proprietary Rust matching engine
The matching core is written in Rust for performance — not licensed from a third party, but our own development.
Multi-chain wallet infrastructure
Deposit and withdrawal flows run on multi-chain wallet infrastructure; adding an asset is an operational task.
KYC & fraud systems
Identity verification and abuse detection are integrated into the platform; the user lifecycle is tracked end to end.
Admin control plane
Markets, fees, users and risk parameters are controlled from a single admin panel.
AI support agent
An AI support agent handles user questions on the first line; your team focuses on the exceptions.
Why the matching engine is the whole product
Everything else on an exchange can be replaced. The engine cannot — it decides whether your liquidation prices are defensible, whether an order book stalls at the worst possible minute, and whether a dispute ends in a refund. Ours is written in Rust, in-house, and it is the part we will happily talk about for an hour.
In-memory order book
Orders match in memory, not through a database round trip. Persistence happens on the side of the hot path rather than inside it, which is what keeps latency flat when a market moves and everyone acts at once.
Decimal money maths, never float
Every balance, fee and PnL figure is computed in fixed-point decimal. Floating point saves nothing here and eventually produces a balance that is a fraction off — which, on an exchange, is a support ticket you cannot close.
Full order-type set
Limit, Market, Stop, Take-Profit, Trailing Stop, IOC, FOK and ReduceOnly — implemented in the engine, not simulated in the interface. Traders arriving from a major exchange find what they expect.
Leverage to 500×, isolated and cross
Tiered leverage up to 500× with both isolated and cross margin, plus hedge mode for holding long and short on the same symbol. Risk tiers are configured per market rather than hard-coded.
Candles that end arguments
Only the one-minute base candle comes from an independent source; every higher timeframe is derived mathematically from it in TimescaleDB. This removes the most common dispute an exchange faces — a liquidation wick a user says did not exist.
Real-time WebSocket
Order book, trades, positions and balances stream over WebSocket. Mobile runs on one web codebase shipped to iOS and Android through Capacitor, so a feature ships once instead of three times.
Where the keys live
Exchanges do not usually fail at matching. They fail at custody. 43 currencies across 89 networks, with signing built and verified in-house rather than rented from a third-party custodian.
Nodeless signing, written in-house
BTC via xpub HD derivation, every EVM chain, TRON, Solana and Dogecoin. Live today: BTC, ETH, BSC, Arbitrum, Base, Polygon, TRON and Dogecoin. Keys are Vault-encrypted and never leave platform-controlled infrastructure.
Hot and cold separation
Operational float sits hot; the rest sits cold. Treasury movement between them is an approved, logged action in the admin plane rather than an engineer with a terminal.
Sessions are long, money moves are not
A session can last 90 days — traders hate re-authenticating. But every single money movement requires its own one-time signed action token. Stealing a session does not get you a withdrawal.
Passkeys, TOTP, WhatsApp OTP
WebAuthn passkeys for users who want the strongest option, TOTP for the conventional path, WhatsApp OTP for markets where that is simply what people use. Device fingerprinting runs underneath all three.
Transparent risk scoring
Anti-fraud runs as an independent service producing a 0–100 score whose weights the operator can edit. You can explain to a user — or a regulator — exactly why an account was flagged.
Archon admin plane
Markets, currencies, fees and leverage tiers; deposit and withdrawal approval; treasury; the market-maker bot fleet; KYC and compliance; support; licence management — all behind role-based access, all logged.
Start with Base, grow by module
Futures markets and the risk engine.
Liquidity and market-making tools.
A layer for offering staking products to your users.
What actually drives the number
"How much does it cost to launch an exchange?" has no honest single answer, and the vendors who give one are quoting a demo, not a business. Five things move the figure — here they are, so you can size it before you talk to anyone.
Base, or Base plus derivatives
Base covers authentication, wallets and spot trading. Futures, market-making, staking and cards are separate. Spot-only is a materially different build from a derivatives venue — the risk engine, liquidation logic and treasury discipline are where the weight sits.
How many currencies and networks
Each chain carries its own node or signing path, its own confirmation rules and its own failure modes. Ten assets on three chains is not one third of thirty assets on nine. Start narrow; adding an asset later is an operational task, not a project.
Where the other side of the trade comes from
A launched exchange with an empty order book converts nobody. The market-making module and bot fleet ship with the platform, but the capital behind them is yours, and that is usually the largest line in the plan — bigger than the software.
White-label, cloud or self-hosted
White-label is fastest to launch. Self-hosted puts the code and the data on your infrastructure and makes running costs yours. Which one is right is usually decided by your licence, not by preference.
Which regulator you answer to
KYC provider, travel-rule handling, reporting and data residency vary by jurisdiction, and each adds integration work. Tell us the licence you are pursuing early — it changes the architecture, not just the paperwork.
Licensed by module, delivered white-label, cloud or self-hosted. One call is enough for a real range. If your plan needs liquidity you do not yet have, we will tell you that before quoting software.
Six questions worth asking any vendor
Including us. Exchange demos all look like an exchange. These questions separate a real platform from a skin over someone else's engine.
- Did you write the matching engine?
Many "exchange platforms" license a third-party engine and build a UI. Ask directly. Then ask what happens when you need a change in the engine — if the answer involves another vendor's roadmap, that is your roadmap now.
- Where do the candles come from?
If every timeframe is sourced independently, timeframes will eventually disagree with each other and a liquidation dispute becomes unwinnable. Ask which candle is authoritative and how the rest are produced.
- Who can sign a withdrawal?
Ask for the exact path from user request to signed transaction, and who could shortcut it. If custody is outsourced, ask what happens to your users if that custodian has a bad week.
- Is money movement separate from session?
A long session is good for traders and dangerous for balances unless each transfer is separately authorised. Ask what an attacker with a valid session can actually do.
- Can you show the admin plane, not just the trading screen?
Demos show the trader view because it is pretty. You will live in the admin plane. Ask to see treasury, withdrawal approval and the audit log.
- What does self-hosted actually exclude?
"Self-hosted" often still phones home for pricing, KYC or licence checks. Get the list of outbound dependencies in writing before your regulator asks for it.