Decentralized Exchange
Order book plus AMM over one engine. Nostro-Vostro settlement, unified USD on Bitcoin Cash.
The venue where the market emerges — price by participants, settlement by covenant.
Order book plus AMM over one engine. Nostro-Vostro settlement, unified USD on Bitcoin Cash.
The venue where the market emerges — price by participants, settlement by covenant.
Anthemus is the decentralized exchange on Bitcoin Cash — a venue for the parts of the economy a covenant can't price alone.
Token-class assets, wrapped foreign coins, cross-chain pairs — Anthemus handles everything Potidaea cannot. Price emerges from participants; settlement is still on-chain, atomic, non-custodial.
The same covenant backs three surfaces, each matching a different kind of flow.
USDT, USDC, PYUSD on five chains stop being five different assets. They become one asset — USD — on Bitcoin Cash.
The pair matrix collapses: no USDT/USDC price, no USDC-Base vs USDC-Arbitrum price. Entry chain is a rail, not an asset. Correspondents handle the lock-and-mint; the trader sees one row.
The pair you trade is EUR/USD or BCH/USD, not the twenty cross-chain variants of each. The correspondent system does the matrix-flattening on your behalf.
Two markets under one roof. Different engines, complementary coverage.
No single mechanism prices every asset well. Backed assets want the covenant; token-class and cross-chain assets want a market. Agora holds both.