6.2 Solution: Combining Centralized Efficiency with Decentralized Security - The Order Book Decentra
Overview
To fundamentally resolve the dilemmas outlined above, SoSoValue, starting from first principles, has built the third major pillar of its ecosystem: SoDEX on ValueChain, aiming to create the ultimate form of decentralized trading.SoDEX is a high-performance order book decentralized exchange (DEX). It seeks to combine the millisecond-level trading experience and deep liquidity of centralized order books (CLOB) with the non-custodial, transparent, and censorship-resistant attributes of decentralized systems - providing active traders with a frictionless trading environment.
Comprehensive Response to Industry Pain Points
Seamless User Experience
The smoothness of CeFi
Resolves DeFi’s high-threshold issues by abstracting gas fees and simplifying wallet interactions, enabling users to enjoy a trading experience as smooth and intuitive as a centralized exchange.
Order book based
Professional-grade precision execution
Adopts a trader-preferred order book model, supporting limit and stop orders at multiple levels. Ensures precise execution at specified prices, eliminating slippage common in AMM models, and providing a solid foundation for quantitative and high-frequency strategies.
Secure
Institutional-grade asset protection
Assets are held in non-custodial wallets, enhanced by institutional custody solutions to further strengthen security. Meanwhile, integrated on-chain KYT (Know-Your-Transaction) tools monitor and identify risk addresses in real time - safeguarding the spirit of decentralization while meeting compliance requirements.
On-Chain Transparency
Verifiable trust
All trades, order matching, and settlement logic are executed on-chain by smart contracts. Every operation is public, traceable, and verifiable, eliminating opaque manipulation and hidden risks present in centralized platforms.
Clob Blockchain Explorer
Aggregated Liquidity: Mirror Protocol & Bridge
One of the essential components enabling SoDEX to function as a cross-chain trading platform is the Mirror Protocol - a dedicated interoperability layer that brings external assets onto the ValueChain ecosystem securely and seamlessly.
Mirror Protocol acts as a trust-minimized asset bridge that allows users to deposit assets from a variety of external networks. Users can:
Deposit native assets such as USDC or MAG7.ssi via the official bridge on Base Chain
Deposit assets like BTC, SOL, or XRP via third-party custody partners
Once an off-chain deposit is detected and verified, Mirror Protocol mints an equivalent amount of a mirror token on the SoDEX EVM chain. These mirrored assets can then be traded freely on SoDEX’s Spot and Perps appchains. The withdrawal process follows the reverse path - users initiate a redemption, and Mirror Protocol burns the mirror tokens before releasing the native asset on the original chain.
The accuracy and integrity of this mint-and-burn mechanism relies on a robust oracle design. Mirror Protocol employs a MPC + TEE-based validator architecture, similar to other leading cross-chain systems. A set of secure, distributed nodes equipped with trusted execution environments (TEE) collectively validate deposit and withdrawal events, reaching consensus before executing minting or redemption. This ensures that no single point of failure can compromise the bridge’s security.
In summary, Mirror Protocol provides:
Secure cross-chain asset onboarding via MPC + TEE infrastructure
Scalable liquidity support through credit-based minting for trusted entities
Smooth integration with SoDEX across both spot and derivatives markets
Together with SoDEX and ValueChain, Mirror Protocol forms the third core pillar of this new decentralized trading stack - bridging fragmented liquidity into a unified, accessible, and high-performance environment.
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