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Quay Markets

Oracle-based DEX where professional market makers quote tokenized stocks and blue-chip assets with CeFi-tight spreads.

Videos

Description

We are oracle-based DEX on Robinhood Chain where professional market makers quote tokenized stocks and bluechip assets with CeFI spreads. Existing AMM and CAMM models bleed to toxic arb and RFQ forces market makers to give you worse price that will survice volatility between quote and fill - we are changing that. Market makers can push price updates on chain 2/s (or more) paying only 10$ in gas fees a day - and you take the best price offered at exact swap moment. The same model worked on Solana - spreads on SOL/USD are <1bps from Binance mid price - and we are bringing it to Robonhood Chain

Progress During Hackathon

- Deployed the Quay POC smart contract - Backtesting our market maker - Working on 0x integration - Live demo - us vs amm, camm

Tech Stack

Web3SolidityGo

Fundraising Status

We got $60k angel check from https://teleportsf.com/ (lead by ex-Morgan Stanley Executive Director) - to build RWA infra on-chain. Have other angels lined up!

Team Leader
DDawid Swiatowiec
GitHub Link
github

GitHub

https://github.com/Quay-Markets/quay-robinhood
Product Category
DeFiInfraRWA