KEY TAKEAWAYS
- Monaco launches an initiative to develop decentralized trading platforms on the Sei network, offering targeted RFPs for builders.
- The program includes tracks for creating professional trading interfaces, on-chain CEXs, and platforms for trading tokenized real-world assets.
- Monaco’s infrastructure provides high-speed execution and settlement, with a revenue-sharing model to monetize platforms from day one.
- Monaco and Sei Labs offer support to developers, aiming to build a decentralized Wall Street with institutional-grade infrastructure.
Monaco, a high-frequency trading layer on the Sei network, has announced a new initiative to foster the development of decentralized trading platforms. The initiative, detailed here, involves targeted Requests for Proposals (RFPs) aimed at builders interested in leveraging Monaco’s high-performance liquidity layer and revenue-sharing model.
The RFP program offers several tracks for developers, each designed to align with Monaco’s technical capabilities. These tracks include the development of a professional trading interface, a fully on-chain centralized exchange (CEX), and platforms for trading real-world assets (RWA) such as tokenized stocks and commodities.
Additional opportunities include creating social trading applications, cross-chain trading platforms, and short-duration options markets. Developers can also explore decentralized market maker vaults, institutional-grade prediction markets, delta-neutral vaults, and portfolio margin yield platforms.
High-Performance Infrastructure and Revenue Opportunities
Monaco’s infrastructure boasts execution speeds of less than 1 millisecond and settlement times under 400 milliseconds on the Sei EVM. This high-speed performance is complemented by a unified liquidity layer, providing shared access to deep institutional liquidity without the need for individual liquidity bootstrapping.
The program also includes a revenue-sharing model called PitPass, which allows developers to monetize their platforms from day one through programmatic fee splits of protocol revenue. Monaco’s developer-friendly SDK further facilitates the deployment of frontends on its platform.
Support and Future Prospects
Monaco Research and Sei Labs are offering hands-on support to teams participating in the RFP program. This initiative is part of a broader effort to build a decentralized Wall Street on the Sei network, with Monaco providing the institutional-grade infrastructure necessary for the next generation of on-chain trading platforms.
Developers interested in participating can follow and direct message Monaco on Sei for early access to documentation and information on grant funding to complete an RFP.
Why This Matters: Impact, Industry Trends & Expert Insights
Monaco has launched an RFP program to enhance decentralized trading on the Sei Network, offering developers opportunities to build on its high-performance trading layer.
Recent industry reports indicate that decentralized trading platforms are increasingly focusing on speed and scalability. This aligns with Monaco’s initiative to leverage its fast execution speeds and shared liquidity layer to attract developers and enhance decentralized trading capabilities.
As per insights from industry experts, Monaco’s infrastructure offers Wall Street-grade execution and settlement speeds, which are critical for institutional-level performance in DeFi trading. This supports Monaco’s aim to build a decentralized Wall Street on the Sei network, potentially transforming on-chain trading platforms.
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