Polyester is a decentralized exchange that lets users deposit and withdraw assets on any blockchain without using bridges, offering the speed and simplicity of a centralized exchange. Its on‑chain execution engine, PolyEngine v0.5, provides nanosecond‑level latency and high‑throughput order matching for spot and perpetual markets, while maintaining non‑custodial, permissionless trading with low fees and full API support.
Funding
Funding not disclosed
Founders
Product
Problem
Traders must use centralized exchanges that require custodial custody and bridging assets across blockchains, leading to delays, higher fees, and exposure to custodial risk. Decentralized exchanges often suffer from high latency, slippage, and limited margin or API functionality, making them unsuitable for professional or institutional trading.
Solution
Polyester provides a non‑custodial, permissionless decentralized exchange that enables users to deposit and withdraw assets on any blockchain without using bridges. Its on‑chain execution engine, PolyEngine v0.5, delivers nanosecond‑level latency, low‑slippage trades, and a 99.8% execution success rate even under heavy network load. The platform supports full spot trading, cross‑margin and isolated margin, lending, and API‑driven institutional access, all while remaining gas‑free for deposits and withdrawals. By combining the speed and simplicity of a centralized exchange with the security and transparency of smart‑contract execution, Polyester allows traders to move instantly between chains and manage risk without relinquishing control of their funds.
Target Audience
Primary users are professional traders, institutional investors, and Web3 liquidity providers who require fast, low‑slippage on‑chain trading across multiple blockchains without custodial exposure.
Features
- Permissionless, non‑custodial architecture with unique deposit addresses for every supported chain
- Instant, gas‑free deposits and withdrawals on native chains, eliminating bridge delays
- PolyEngine v0.5 execution engine offering ~0.05 s (nanosecond) latency and 99.8% success rate under extreme load
- Low‑slippage, MEV‑resistant order execution across spot and perpetual markets
- Cross‑margin and isolated margin trading with smart‑contract‑managed risk controls
- Full API support for institutional and high‑frequency trading strategies
- Market‑maker friendly fee structure and sub‑account management
- Unified lending pools enabling borrowing against a wide range of assets