58d7e7f559
- Source: inbox/archive/2026-03-09-mmdhrumil-x-archive.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
27 lines
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1.5 KiB
Markdown
27 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Archer Exchange
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domain: internet-finance
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status: active
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founded: 2025
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founders:
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- Dhrumil (@mmdhrumil)
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website: ""
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platform: Solana
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category: market-making-infrastructure
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tracked_by: rio
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created: 2026-03-11
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---
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# Archer Exchange
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Market making infrastructure protocol on Solana providing fully on-chain matching with dedicated order books per market maker. Architecture gives each MM a writable-only-by-you order book while aggregating quotes for best execution. Design inspired by observation that "prop AMMs did extremely well" — applying state isolation principles to competitive market making.
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## Timeline
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- **2026-03-09** — Architecture described: dedicated per-MM order books, on-chain matching, competitive quote aggregation. Positioned as infrastructure layer solving execution quality for Solana DeFi.
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## Relationship to KB
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- Provides market making infrastructure for [[permissionless leverage on metaDAO ecosystem tokens catalyzes trading volume and price discovery that strengthens governance by making futarchy markets more liquid]]
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- Implements novel mechanism design pattern: [[archer-exchange-implements-dedicated-writable-only-order-books-per-market-maker-enabling-permissionless-on-chain-matching]] <!-- claim pending -->
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- Part of Solana DeFi infrastructure ecosystem supporting [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] |