Best Execution for
Tokenized Stocks, Perpetuals and Crypto
Self-custody. Faster Trades. Better Prices.
Backed by
Trading, evolved
Access hundreds of assets through advanced routing and best liquidity on high performance order books. All settled into a wallet you control.
1 Compared with Coinbase Advanced taker fees for 30-day trading volume under $10,000, as of October 2026. Actual savings vary by product, trade size and volume.
Better Prices, Across Venues.
Every order gets the best price overall, from our order book, DeFi, or both.
- 01Our order bookTop market makers compete to fill your order.
- 02OnchainShares route across venues onchain when they have the better price.
- 03The best price overallOne fill at the best price across both, with a full report.
Modular by design.
On the web, through an API, from your terminal or inside your own app. Every route reaches the same order books.
Click a building or a layer to see what it does.Terminal
Access full order book depth, a live trade tape and advanced orders, straight from the web.
Launch Terminal- 24/7 trading
- Self-custody
- Stablecoin settlement
- Full transparency
The best of
both worlds.
- Real prices
- Price protection
- Real order books
- Best execution reports
True Markets vs AMM
AMM venues like Uniswap and Aerodrome drift from the real price. True Markets anchors every trade on an order book.
| Feature | True Markets | AMMs (Uniswap, Aerodrome) |
|---|---|---|
| The difference | ||
| Central limit order book | Own order book and matching engine | None; AMM pools |
| Price on large orders | Market makers quote real depth | Set by the pool curve; slips with size |
| Order book and onchain liquidity in one route | Order book + onchain | Mostly their own pools |
| Gasless trading | Always; gas is sponsored | Users usually pay gas |
| Trade reporting | A full report on every trade | Onchain data only |
| Bring your own wallet, or one per customer | Both | Bring your own only |
| Stablecoin support | 1:1 conversion for GENIUS stablecoins | Swap fees associated |
| What everyone offers | ||
| Chains | Bitcoin, Solana, Base, Arbitrum | Ethereum, Base, Arbitrum and more |
| Pricing | ||
| Fees | 0–20 bp, gasless | Pool fee, usually 1–100 bp, + gas |
- True Markets
- Own order book and matching engine
- AMMs (Uniswap, Aerodrome)
- None; AMM pools
- True Markets
- Market makers quote real depth
- AMMs (Uniswap, Aerodrome)
- Set by the pool curve; slips with size
- True Markets
- Order book + onchain
- AMMs (Uniswap, Aerodrome)
- Mostly their own pools
- True Markets
- Always; gas is sponsored
- AMMs (Uniswap, Aerodrome)
- Users usually pay gas
- True Markets
- A full report on every trade
- AMMs (Uniswap, Aerodrome)
- Onchain data only
- True Markets
- Both
- AMMs (Uniswap, Aerodrome)
- Bring your own only
- True Markets
- 1:1 conversion for GENIUS stablecoins
- AMMs (Uniswap, Aerodrome)
- Swap fees associated
- True Markets
- Bitcoin, Solana, Base, Arbitrum
- AMMs (Uniswap, Aerodrome)
- Ethereum, Base, Arbitrum and more
- True Markets
- 0–20 bp, gasless
- AMMs (Uniswap, Aerodrome)
- Pool fee, usually 1–100 bp, + gas
Switch to True Markets
Trade tokenized assets at the real price, on the web, through our API or inside your own app.









