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General

Realtime Exchange is the native superdapp of MegaETH - a comprehensive DeFi platform where tokens launch, prices form in real-time, and trading happens through efficient market design with clear execution, strong liquidity, and built-in self-custody. It offers token launchpad, AMM, CLOB, perpetuals trading, and trade aggregation.
Realtime Exchange is built natively on MegaETH, providing ultra-fast transaction finality and low fees for traders.
Yes, Realtime Exchange smart contracts have undergone security audits. Visit our Audits page for detailed audit reports and findings.
Yes, Realtime Exchange is fully non-custodial. Users maintain control of their assets at all times through self-custody wallets.

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Trading

Realtime Exchange offers multiple trading venues:
  • AMM: Automated Market Maker for passive liquidity and new tokens
  • CLOB: Central Limit Order Book for institutional-grade spot trading
  • Perpetuals: Leveraged trading with minimal latency
  • Aggregator: Smart routing across all venues for best prices
AMM (Automated Market Maker): Uses liquidity pools with constant product formula. Best for new tokens and passive liquidity provision.CLOB (Central Limit Order Book): Traditional order book with limit and market orders. Offers tighter spreads and better execution for mature tokens with high volume.
The Realtime Exchange CLOB uses price-time priority matching. Orders are sorted by price (best price first), and at the same price level, earlier orders are filled first. The fully on-chain order book ensures transparent and verifiable execution.
Realtime Exchange supports:
  • Market orders
  • Limit orders
  • Take profit orders
  • Stop loss orders
  • Self-trade prevention options
Fee structures vary by trading venue (AMM, CLOB, Perpetuals). Each venue has its own maker/taker fee schedule. Check the specific trading documentation for current fee rates.

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Token Launchpad

Use the Realtime Exchange Launchpad to create a token with just a few clicks. The permissionless launcher automatically bootstraps initial liquidity, allowing your token to start trading immediately after creation.
Token graduation is when a token launched on the Launchpad accumulates enough liquidity and trading activity to move from the AMM to the CLOB. This provides access to institutional-grade liquidity and better execution.
Check the Launchpad documentation for current fee structures and requirements for token creation.

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API & Integration

The Realtime Exchange API provides REST and WebSocket endpoints for programmatic access. Most read endpoints are public. Trading endpoints require authentication with API credentials. See the API Introduction for details.
Yes, Realtime Exchange provides an official Rust SDK for programmatic integration. It includes type-safe API clients, WebSocket management, and order signing utilities.
The API provides:
  • Market data (prices, volumes, order books)
  • Token information and metadata
  • Trading endpoints for order management
  • Portfolio and balance queries
  • Analytics and historical data
Yes, API requests are subject to rate limiting. If you exceed the limit, you’ll receive a 429 (Too Many Requests) response. Implement exponential backoff for retries.

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Perpetuals

Perpetual trading allows you to take leveraged long or short positions on assets without expiration dates. Realtime Exchange perpetuals offer flexible leverage, tight spreads, and minimal latency.
Leverage limits vary by asset and are determined by margin tiers. Check the Margin Tiers documentation for specific limits.
Positions are liquidated when the margin ratio falls below the maintenance margin requirement. Realtime Exchange uses a tiered liquidation system to minimize market impact. See Liquidations for details.
Funding rates are periodic payments between long and short traders to keep perpetual prices aligned with spot prices. See Funding for the calculation methodology.

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Support

For support, you can:
Report issues and feature requests on our GitHub repository.