The age of centralized exchanges is ending, not because of regulation or slogans, but because trust (or rather trustlessness) finally caught up.
For years, speed lived in private data centers and trust lived on-chain. That split is obsolete at 1 GB/s (128MB/s live on testnet) data availability throughput. Celestia turned DA into a utility-grade substrate.
VEX (
@Trade_VEX) is built with Celestia underneath.
A high-performance exchange needs to stream verifiable state as fast as it trades. That means proofs of execution and solvency are part of the live path, not a daily proof of reserves, not a weekly or monthly PDF. The limiting factor is data availability. Celestia’s modular DA layer gives us the headroom to make every critical event public and auditable in real time, while keeping user experience tight.
Fiat on-ramps will remain the only offline component. Everything else moves on-chain. Matching, settlement, liquidation, proof bulletin, and market data can live transparently on a verifiable substrate. When DA throughput reaches this level, the “CEX vs DEX” tradeoff stops making sense.
On the other side of this is the team. Celestia ships, listens, and iterates. Feedback from builders turns into changes in the stack on short timelines. Support has been the best we have seen in any ecosystem, and the engineering is pragmatic and reliable. It feels like building with a partner, not just building on a protocol.
Celestia is more than a modular blockchain. It is the quiet backbone for high-performance, verifiable markets.
@Trade_VEX uses it to keep the engine honest at line rate.
Centralized exchanges were a bridge. The future execution layer is trustless and decentralized with Celestia underneath.
Congrats
@celestia on two years of mainnet. Now on to the next run.
Today is the second anniversary of Celestia's mainnet.
Two years' worth of iterations, learnings, ups and downs, and thousands upon thousands of Git commits. When you're building something new, you can get some things right, but you also get a lot wrong. We certainly did.
I've been working on Celestia for 6 years, and have been in crypto for 15 years. I've seen the industry evolve and mature over time, from the early cypherpunk days in 2010, to the ICO craze in 2017 where everyone believed that Web3 will entirely replace Web2 and we're going to put everything on chain, to today: a more matured perspective on where blockchains actually have product-market fit.
Similarly, Celestia also launched with a "build whatever" mindset, trying to be something to everyone, without a clear focus on what kind of chains people were actually going to build on Celestia's high throughput. We burned many cycles going down unproductive rabbit holes.
But taking this approach led us somewhere more powerful than we could've planned: we found a hot spot of product activity.
Over the past year, numerous high-performance onchain trading products have begun choosing Celestia. Why?
Today, Celestia is the *only* way to ship the lowest latency onchain trading venues by any metric. You get:
• 2ms latency with rollup frameworks like Sovereign SDK,
• 6 second finality on Celestia (100x faster than other rollup base layers), and
• ~200k TPS worth of bandwidth.
Celestia is the only product that offers this combination, with projects like Bullet, Hibachi, VEX, RISE, Ethereal, and XO Market already pioneering this frontier with Celestia underneath.
And while building around the needs of these projects... we now have a short-cut for doubling down in this direction :) More soon.