THE ONCHAIN CLOB WARS

Summary from the TLDR Crypto newsletter

A new generation of onchain central limit order book (CLOB) protocols is leveraging rollup-era innovations, like Ethereum's Dencun blobs, Celestia DA, and ZK VMs like Succinct SP1 and RiscZero, to deliver near-CEX performance with trustless, self-custodial execution. Specialized chains and hybrid rollups achieve sub-second latency and 50-100K+ TPS by combining offchain matching with onchain settlement and ZK proofs. While centralized exchanges still dominate volume, the onchain CLOB wars are set to redefine trading with fully transparent, composable, and user-aligned order books.