Alphax

Alphax is a perpetual and spot venue deployed on Bitlayer using a hybrid of onchain custody and offchain matching. User assets sit in audited contracts while keys stay with the user; matching and settlement happen offchain for millisecond response and results are written back onchain, combining speed with verifiability.

Risk control adds a withdrawal protection layer: unusual withdrawal requests are first flagged by a model and then released only with multi-signature approval, so compromised credentials cannot drain funds in one move. The product resembles a centralised exchange, offering spot, perpetuals, mobile apps and multi-chain deposit routes, and connects Bitcoin layer-two assets directly to derivatives trading to cut bridging and repeated approval steps.