Okto Orchestration Layer

Unified Liquidity Layer (ULL)

The Unified Liquidity Layer (ULL) is a crucial component of the Okto Layer, designed to address liquidity fragmentation across the Web3 landscape. ULL acts as an "aggregator of aggregators," routing cross-chain swaps and transfers through the most efficient and cost-effective pathways available, simplifying cross-chain asset management for users and applications.

ULL

Core Functionality

The ULL's primary function is to provide a unified and optimized access point to cross-chain liquidity. It abstracts away the complexities of navigating multiple bridges, DEXs, and liquidity sources, offering a seamless and efficient experience for cross-chain asset movements.

Key functionalities include:

  • Aggregator of Aggregators: Utilizes liquidity from various sources, including:

    • ERC-7683 compatible solvers.
    • Third-party bridging and swapping protocols (e.g., LayerZero, Wormhole, Socket, Across).
    • Canonical bridges.

  • Optimal Pathfinding and Routing: Intelligently analyzes and selects the most efficient routes for cross-chain swaps and transfers, minimizing fees and execution time.

  • ERC-7683 Standard Implementation: By leveraging this Ethereum standard, ULL ensures a unified approach to cross-chain liquidity, enabling seamless interaction across diverse ecosystems, including non-EVM chains like Solana and Aptos.

  • Minimized Fees: While users pay network fees and a small Okto fee, the ULL's efficient routing and operation pooling often results in lower total costs compared to manual bridging.

  • Multi-Chain Gasless Operations: Supports gasless transactions by abstracting the complexities of fee management across different chains.

Architecture

  • Trade Service: A backend engine that acts as the decision maker, interfacing with various bridging and DEX protocols to gather quotes and route information.

  • Integration with External Protocols: Connects to various bridging protocols (e.g., LayerZero, Wormhole, Socket) and DEX aggregators to access diverse liquidity pools.

  • ERC-7683 Settlement Contracts: Deployed on each chain, lock user funds and release them once bridging or swap conditions are met.

  • Solver and Settler Nodes: Off-chain entities that participate in the ULL framework as liquidity providers and verification/settlement agents.

    • Solvers: Entities that can front-run bridging or swapping.
    • Settlers: Confirm destination chain events back to the source chain contract to finalize the operation.

Previous

Decentralized Transaction Network (DTN)

Next

$OKTO

On this page