Trading Without Trade-Offs

Zero front-running. Zero gas trades. Zero slippage. Zero PFOF. Zero internalization. Zero fine print.

Confidentiality from order to execution.

Current exchanges allow counterparties to act on privileged information (e.g. MEV, PFOF, order internalization). In Deepwaters, order flow is both confidential and immutable until it reaches our public order book. Even the platform itself cannot see or act on privileged order flow information.

Fair & equal treatment for all trades. Proven by you.

Trades are processed on a cryptographically secure off-chain hardware layer and invisible to everyone, including Deepwaters, until they are posted to the orderbook. All operations are validated in real time, and anyone can audit Deepwaters to confirm that all trades are performed without bias, privilege, or prejudice.

The best of both worlds, without compromise.

Deepwaters provides the trustlessness and custody protection of decentralized exchanges with the speed, efficiency, and low fees of centralized exchanges.

Exchange Comparison	CEX	DEX
Zero Gas Trading	✔
Zero Slippage	✔
Zero Front-Running
Zero Payment for Order Flow (?)		✔
Zero Internalization (?)		✔
Zero Rehypothecation (?)		✔
Zero Data Bleed (?)
100% Price Improvement (?)
Fully Transparent		✔
Real-Time Auditing		✔
Self Custody		✔

Partners

Avalanche will serve as our collective state and single source of truth for all blockchains integrating with Deepwaters.

We are thrilled to partner with Wormhole to drive our native multi-chain interoperability from day 1.

Judge me by my friends.

Harmony is making strides in achieving the promise of web3. We look forward to continuing our work together to make similar strides in DeFi.

Open Source Ruleset
See under the hood. All trading and custody rules are published for everyone to see. You can know we treat you fairly because we’re completely transparent with how we treat your assets.
Superior Execution
Tired of only getting filled when the market is moving against you? The architecture of the Deepwaters platform eliminates adverse selection, putting everyone on a level playing field.
Cross-chain Exposure Token
ZRB is a fully collateralized by a diversified basket of high-quality “blue-chip” crypto assets. All the benefits of holding a stakeable, liquid crypto asset with no fees and zero-cost rebalancing.
Guardian Layer
Secure your trades with order flow encryption that prevents MEV, front-running, and any privileged counterparties from having an unfair advantage. No one can see your trades nor act on them (including Deepwaters itself!) until they hit the public order book.
Liquidity Without Predation
Market makers play an essential role in ensuring liquid markets. On Deepwaters, we ensure they play by the same rules as everyone else.
Governance
The WTR token provides holders with the ability to govern system parameters and ongoing development, including the composition of ZRB. Stake your WTR to unlock additional Deepwaters Elements functionality.

Roadmap

Launched
Testnet
Interface
On Testnet
Asset Manager
Infrastructure
On Testnet
Exchange
Spot Trading
January 2023
WTR Token
Presale & TGE
Q1 2023
Deepwaters Beta
Mainnet Launch
Q2 2023
Vault v1
Liquidity Provision
Q2 2023
Deepwaters v1
Validated Trustless Operation with Real-Time Independent Auditing
Q3 2023
Deepwaters v2
Leverage & Derivatives
Q4 2023
Vault v2
Lending
Q4 2023
'Project Whale'
Classified