Upvotes
1,906
Views
5,355
Score
90
Rank Score
#32
Rank Upvote
#72
Rewards
Not recorded
Nodes
1
Rank Rewards
Not recorded
Upvotes
1,906
Views
5,355
Score
90
Rank Score
#32
Rank Upvote
#72
Rewards
Not recorded
Nodes
1
Rank Rewards
Not recorded
Algorithm Analysis: Ekiden
Ekiden is a live Canton-native derivatives exchange with its own validator, a Featured App listing, a working app URL, a comprehensive docs site, REST/WebSocket APIs and an official TypeScript SDK. A $2M Seed round backed by recognizable market-maker and infrastructure investors, plus ecosystem integrations (BitSafe, Tradecraft, Temple), signals credible traction. Transparency is held back by a single named team member and no legal entity or audit details, and on-chain rewards are still zero, but the product substance is clear.
Last analyzed: Oct 29, 2026
Ekiden on Canton
Featured App and live Canton derivatives exchange operating its own validator, with 5M CC locked and on-chain clearing, collateral vaults, positions and Merkle-verified settlement.
About Ekiden
Ekiden is a Canton-native derivatives exchange built for professional market makers, algorithmic traders and advanced users. Its hybrid architecture runs matching and risk logic off-chain for 5 to 15 ms execution while anchoring orderbook roots, Merkle proofs, collateral, clearing, positions and settlement on Canton. Mainnet launched on September 8, 2026 with controlled access. Ekiden operates its own Canton validator and wallet, offers REST and WebSocket APIs plus an official TypeScript SDK, and supports perpetual futures, cross and isolated margin, advanced order controls, public risk feeds, XP, referrals and volume-based VIP rebates. The team announced a $2M Seed round backed by Aptos, GSR, Flowdesk, Keyrock, Pyth and other investors.
Features
What the product does
Hybrid RFQ and CLOB execution
Combines institutional request-for-quote workflows with a central limit order book for professional price discovery and execution.
Merkle-verified Canton settlement
Orders are matched off-chain, while orderbook roots, inclusion proofs, collateral, clearing, positions and batched settlement are anchored on Canton.
Low-latency matching engine
Designed for 5 to 15 ms execution and up to 200,000 orders per second per market, according to Ekiden's current technical documentation.
Perpetual futures and advanced orders
Supports Market, Limit and Stop Limit orders, GTC, IOC, FOK, Post Only and GTD controls, reduce-only orders and TP/SL.
Margin and risk controls
Supports cross and isolated margin, per-market leverage, liquidation monitoring, funding data, an insurance pool and auto-deleveraging alerts.
Professional connectivity
Mainnet REST and public and private WebSocket endpoints support automated trading, order management, market data and account streams.
Official TypeScript SDK
The public ekiden-ts-sdk provides typed REST and WebSocket clients, authentication helpers and examples for Node.js and browser integrations.
Canton-native identity and wallet
Ekiden operates its own Canton validator and provisions an Ekiden Party ID through Google or email login, with separate Funding and Trading Accounts.
Canton privacy
Trade data is shared only with involved parties and designated observers, while the synchronizer sees encrypted payloads and ordering metadata.
XP, quests and referrals
Users earn XP through eligible trading, position holding, quests and a three-level referral network with 15%, 10% and 5% rewards.
VIP economics
Rolling 30-day volume tiers reduce maker and taker fees, with maker rebates at higher tiers and extra per-market share incentives.
Canton ecosystem integrations
BitSafe cBTC collateral, Tradecraft swaps, Temple vault infrastructure and CCTools access-code distribution connect Ekiden to the Canton ecosystem.
Ekiden On-chain
Validator nodes + featured apps linked to this project
Ekiden FAQ
Connected Projects
Ekiden is built on Canton Network and operates its own validator. BitSafe cBTC is integrated as collateral, Tradecraft swaps are embedded in the deposit flow, and Temple Digital Group provides vault infrastructure for trading strategies. Keyrock is a strategic partner and Seed backer. CCTools distributes Ekiden Mainnet access codes through its Earn campaign.
Latest on Ekiden
Recent Canton Network coverage mentioning this project
- Canton roundup: TSV’s revised notice, Ekiden’s return and Fluvia’s application25 Oct 2026 · cantonnews.org
- Canton roundup: HackCanton winners, wallet access and builder funding24 Oct 2026 · cantonnews.org
- Ekiden seeks settlement recognition as it expands trading collateral21 Oct 2026 · cantonnews.org
- Canton roundup: Ekiden’s upgrade deadline, wallet checks and HackCanton’s finalists20 Oct 2026 · cantonnews.org
- S&P Dow Jones Indices and Kaiko power the first OTC swap on Canton, executed by DRW and Marex13 Oct 2026 · cantonnews.org






