Technical Architecture

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Last updated 1 month ago

Overview

The Vortex app is built on robust blockchain technology to enable transparent, fast, and cost-effective cross-currency swaps. It leverages on-chain FX protocols and advanced Automated Market Maker (AMM) algorithms for efficient liquidity management and minimal slippage.

Core Components

Bridges - Axelar

Vortex has seamlessly integrated Axelar's cross-chain communication protocol through the Squid Router, empowering users with the ability to off-ramp their digital assets from leading EVM-compatible blockchains such as Ethereum, Base, and Arbitrum.
This integration ensures a smooth and efficient transfer of assets across multiple networks, enabling users to move their funds seamlessly into local fiat currencies or other supported assets. By leveraging Axelar’s robust infrastructure, Vortex enhances interoperability, reduces transaction complexities, and broadens the accessibility of its offramping services to users operating within diverse blockchain ecosystems.

Anchors / Issuers

We collaborate with regulated stablecoin issuers to ensure the highest levels of reliability, transparency, and compliance in all transactions. These partnerships enable us to offer stablecoins that adhere to strict regulatory standards, providing our users with secure and dependable digital assets.
By leveraging the trust and oversight of these issuers, we can facilitate seamless, low-cost, and efficient cross-border transactions while maintaining the integrity and stability of our financial ecosystem
Anchors like MYKOBO which work with Circle to issue the EURC and Issuers like Anclap which issue the ARS peso

Spacewalk stablecoin link

The is a critical component of the Vortex ecosystem, designed to facilitate seamless liquidity routing across supported EVM networks and connect them to fiat gateways on the Stellar blockchain via Pendulum. By enabling this cross-chain liquidity transfer, the Spacewalk Bridge acts as a vital link between decentralized ecosystems and traditional financial systems, allowing users to move funds efficiently and cost-effectively.
This integration leverages the robust infrastructure of Pendulum to bridge the gap between blockchain-based assets and fiat currencies, providing enhanced liquidity management and faster transaction processing. The Spacewalk Bridge not only ensures interoperability between EVM-compatible networks and Stellar but also supports the secure and transparent exchange of value, making cross-border payments more accessible and efficient for businesses and individual users alike.

Forex AMM (Automated Market Maker) plays a pivotal role in the Vortex ecosystem by revolutionizing how foreign exchange (FX) transactions are conducted on-chain. Here's an elaboration of its features and functionality

Real-Time, Tamper-Proof Exchange Rates:
- The Forex AMM ensures that users always have access to accurate and up-to-date exchange rates by integrating decentralized oracles. These oracles act as trusted intermediaries, pulling real-world price data from multiple reliable sources and feeding it directly to the AMM. This ensures that exchange rates remain tamper-proof, eliminating the risk of manipulation and providing users with fair and market-driven pricing for their FX transactions.
Minimized Slippage Through Optimized Liquidity Provisioning:
- The Forex AMM employs advanced liquidity management strategies to optimize the availability of funds in its liquidity pools. By allowing single-sided liquidity provisioning and utilizing efficient algorithms to balance the pools, it minimizes slippage, ensuring that users can execute large trades with minimal impact on the price. This is particularly beneficial for cross-border payments and high-volume transactions, where even small slippage can result in significant cost differences.
Enhanced User Experience:
- The integration of real-time price feeds and optimized liquidity ensures that users enjoy seamless, predictable, and cost-effective trading experiences. Whether for businesses engaging in cross-currency settlements or individuals making remittances, the Forex AMM delivers an unparalleled level of efficiency and transparency in the decentralized FX market.
Link to FX DEX Pools:
- Forex AMM docs

Pendulum

Pendulum is a robust Substrate-based DeFi ecosystem designed to deliver efficient and scalable financial solutions while leveraging the advanced security infrastructure of the Polkadot network. By integrating Polkadot’s shared security model, Pendulum ensures high levels of reliability and protection against malicious activity, making it a trusted platform for decentralized finance applications.
Pendulum’s foundation on Substrate provides it with a modular and upgradeable architecture, enabling the ecosystem to adapt quickly to evolving DeFi trends and technological advancements. By incorporating Polkadot’s high throughput and cross-chain communication capabilities, Pendulum delivers a seamless user experience for decentralized applications, even as transaction volumes grow.

Overview

Core Components

Bridges - Axelar

Vortex has seamlessly integrated Axelar's cross-chain communication protocol through the Squid Router, empowering users with the ability to off-ramp their digital assets from leading EVM-compatible blockchains such as Ethereum, Base, and Arbitrum.
This integration ensures a smooth and efficient transfer of assets across multiple networks, enabling users to move their funds seamlessly into local fiat currencies or other supported assets. By leveraging Axelar’s robust infrastructure, Vortex enhances interoperability, reduces transaction complexities, and broadens the accessibility of its offramping services to users operating within diverse blockchain ecosystems.

Anchors / Issuers

We collaborate with regulated stablecoin issuers to ensure the highest levels of reliability, transparency, and compliance in all transactions. These partnerships enable us to offer stablecoins that adhere to strict regulatory standards, providing our users with secure and dependable digital assets.
By leveraging the trust and oversight of these issuers, we can facilitate seamless, low-cost, and efficient cross-border transactions while maintaining the integrity and stability of our financial ecosystem
Anchors like MYKOBO which work with Circle to issue the EURC and Issuers like Anclap which issue the ARS peso

Spacewalk stablecoin link

The is a critical component of the Vortex ecosystem, designed to facilitate seamless liquidity routing across supported EVM networks and connect them to fiat gateways on the Stellar blockchain via Pendulum. By enabling this cross-chain liquidity transfer, the Spacewalk Bridge acts as a vital link between decentralized ecosystems and traditional financial systems, allowing users to move funds efficiently and cost-effectively.
This integration leverages the robust infrastructure of Pendulum to bridge the gap between blockchain-based assets and fiat currencies, providing enhanced liquidity management and faster transaction processing. The Spacewalk Bridge not only ensures interoperability between EVM-compatible networks and Stellar but also supports the secure and transparent exchange of value, making cross-border payments more accessible and efficient for businesses and individual users alike.

Real-Time, Tamper-Proof Exchange Rates:
- The Forex AMM ensures that users always have access to accurate and up-to-date exchange rates by integrating decentralized oracles. These oracles act as trusted intermediaries, pulling real-world price data from multiple reliable sources and feeding it directly to the AMM. This ensures that exchange rates remain tamper-proof, eliminating the risk of manipulation and providing users with fair and market-driven pricing for their FX transactions.
Minimized Slippage Through Optimized Liquidity Provisioning:
- The Forex AMM employs advanced liquidity management strategies to optimize the availability of funds in its liquidity pools. By allowing single-sided liquidity provisioning and utilizing efficient algorithms to balance the pools, it minimizes slippage, ensuring that users can execute large trades with minimal impact on the price. This is particularly beneficial for cross-border payments and high-volume transactions, where even small slippage can result in significant cost differences.
Enhanced User Experience:
- The integration of real-time price feeds and optimized liquidity ensures that users enjoy seamless, predictable, and cost-effective trading experiences. Whether for businesses engaging in cross-currency settlements or individuals making remittances, the Forex AMM delivers an unparalleled level of efficiency and transparency in the decentralized FX market.
Link to FX DEX Pools:
- Forex AMM docs

Pendulum

Pendulum is a robust Substrate-based DeFi ecosystem designed to deliver efficient and scalable financial solutions while leveraging the advanced security infrastructure of the Polkadot network. By integrating Polkadot’s shared security model, Pendulum ensures high levels of reliability and protection against malicious activity, making it a trusted platform for decentralized finance applications.
Pendulum’s foundation on Substrate provides it with a modular and upgradeable architecture, enabling the ecosystem to adapt quickly to evolving DeFi trends and technological advancements. By incorporating Polkadot’s high throughput and cross-chain communication capabilities, Pendulum delivers a seamless user experience for decentralized applications, even as transaction volumes grow.