| type |
entity_type |
name |
domain |
status |
founded |
founders |
platform |
website |
tracked_by |
created |
key_metrics |
| entity |
company |
Archer Exchange |
internet-finance |
active |
2025 |
|
Solana |
|
rio |
2026-03-11 |
| architecture |
execution |
| Dedicated writable-only order books per market maker |
Fully on-chain matching with permissionless competitive quotes |
|
Archer Exchange
Market making infrastructure on Solana that implements dedicated, writable-only order books for each market maker with fully on-chain matching. The architecture separates write permissions (isolated per MM) from execution (permissionless competitive quotes), designed to solve execution quality problems in Solana DeFi. Co-founded by Dhrumil (@mmdhrumil), the design was inspired by observing that "prop AMMs did extremely well."
Timeline
- 2026-03-09 — Architecture described publicly: dedicated writable-only order books per MM, fully on-chain matching, permissionless execution model
- 2026-03-09 — Co-founder predicts "Solana DeFi overtakes Hyperliquid within 2 years" based on composability advantages
Relationship to KB