dBOOK Whitepaper
  • Introduction
    • Overview
    • Why dBOOK?
    • Architecture
  • Service lifecycle
  • Core Components
    • Intelligence Engine
      • LLM
      • Model Context Protocol
    • Settlement Engine
      • Home Chain
      • Operators
      • Validators
      • Path Finder
      • Accounts
    • Recommendation Engine
      • Protocol & Metadata Registry
      • Context Module
  • Core Concepts
    • Hybrid Ranking System
    • Challenge Flow
    • Asset Accounting
    • Endpoints
    • Threshold Signatures
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On this page
  • Initiate Trade
  • Execute Off-Chain
  • Settle on dBOOK
  1. Usecases

Centralised Platforms

Users trade and maintain self-custody through promises without compromising on latency.

Last updated 6 months ago

Initiate Trade

  1. Alice wants to trade with 100 USDC

  2. Alice issues a promise to the exchange's dBOOK account

  3. This blocks 100 USDC in Alice's account for suppose 4 hours

Execute Off-Chain

  1. Alice signs a trade order off-chain, 10 USDC for another token`

  2. The signed order is submitted to the exchange

  3. Alice can submit n number of trades (within 4 hrs), depending on exchange's latency

Settle on dBOOK

  1. The exchange batches the matched order and settles them on dBOOK

  2. dBOOK validators verify the off-chain signed orders and settles between Alice and counterparties involved in the trades.