Reya builds ultra-fast DEX on 'Based Rollup' infrastructure

Derivatives decentralized exchange Reya announced it has built the world's first DEX based on "Based Rollup" technology. The platform is designed to provide an ultra-fast environment for institutional-grade trading, maintaining Ethereum's security while eliminating sequencer risks and opaque execution processes. Reya explained that it uses custom ZK-circuits to ensure all transactions are verifiable, achieving speeds of under 0.1 milliseconds—100 times faster than conventional platforms—which is optimal for institutional high-frequency trading (HFT). The exchange offers a zero-fee environment with access to more than 70 markets and a sophisticated cross-margin system. It has reached a daily trading volume of $1.5 billion and a cumulative volume of $60 billion. Reya also plans to hold its Token Generation Event (TGE) in the last week of March at a fully diluted valuation (FDV) of $300 million.