Midway’s matching program now holds one encrypted book per market.
Listing a stock takes three transactions: the settlement market, its book on Arcium, and its session calendar. Each of today’s seven books came back ready from Arcium in 3 seconds.
Seven more markets are open on Midway: TSLAx, AAPLx, SPYx, QQQx, METAx, GOOGLx and AMZNx, next to NVDAx.
Each one has its own encrypted book on Arcium and fills at its own Pyth mid, 0.10% per side.
https://t.co/eu4MuEgFCG
The first Midway market is open: NVDAx against USDC on Solana mainnet.
Seal an order in your browser, Arcium nodes match it without decrypting it, and it fills at the Pyth mid. 0.10% per side, regular hours or around the clock.
Take a constant-product pool holding $10M of USDC. A $1M buy there pays 10.00% over the starting price on average and loses $90,909 to the curve before fees, since every share costs more than the last.
On Midway the same buy fills at the Pyth mid.