Reya v2 order book API launches September 28, migration required
Summary
Reya is set to launch its v2 order book on September 28, prompting traders to begin migrating to a new API now available for testing on devnet. This migration is part of a broader infrastructure upgrade where Reya is transitioning multiple markets to reduce-only mode, shifting from Automated Market Maker (AMM) to central limit order book trading. The new API will require integration changes for market makers and bots, although users trading within the app can continue their activities without interruption. Reya utilizes a ZK rollup architecture on Ethereum to ensure fast execution and reliable settlement.
Analysis
Reya: Reya is a decentralized exchange focused on perpetual futures and spot trading, operating as a trading-specific based ZK rollup on Ethereum for high-speed, secure onchain execution. It is currently migrating from an AMM model to a central limit order book in its v2 upgrade. The platform's new API and order book launch on September 28 directly require programmatic traders, market makers, and bots to update their integrations for continued access. Technology: Reya employs a based ZK rollup architecture on Ethereum to deliver sub-millisecond execution with verifiable settlement and composability. Infrastructure Upgrade: Reya is transitioning multiple markets to reduce-only mode ahead of its v2 order book launch as part of a phased migration from AMM to central limit order book trading.
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Related sources
- https://docs.reya.xyz/native-stablecoin/srusd
- https://x.com/i/user/1437348567576875012
- https://t.co/B8p8oOlz1L
- https://www.bitcoin.com/get-started/trading-and-investing/trading-mechanics/what-is-reya/
- https://blog.reya.network/reya-design-distribution-and-differentiation/
- https://www.alchemy.com/dapps/reya
- https://docs.reya.xyz/developers/mainnet/smart-contract-withdrawals
- https://docs.reya.xyz
- https://docs.reya.xyz/developers/mainnet
- https://docs.reya.xyz/developers/devnet/changelog/v2-migration
- https://x.com/i/user/1985790516211138560
- https://x.com/i/user/1985665894165667840
- https://reya.xyz/
- https://x.com/reya_xyz/status/2087875696765059466
- https://cryptobriefing.com/reya-v2-amm-to-orderbook-transition/
- https://docs.reya.xyz/developers/devnet/getting-started/onboarding