AZ Open Network
The AZ Open Network is an open, composable trading infrastructure designed to enable independent teams to build branded trading frontends while sharing unified liquidity, execution, and settlement through the AZ protocol.
At its current stage, the AZ Open Network operates under a controlled partnership model, referred to as the Channel Seat.
What Is AZ Open Network?
AZ Open Network is a decentralized orderbook-based trading network where:
Independent partners own and operate their own branded frontends
Liquidity is shared across the ecosystem
Trade execution is routed through a unified execution layer
Settlement and core protocol logic are anchored by AZ Axis
The goal of the AZ Open Network is to build an open trading ecosystem that combines:
Brand autonomy for partners
Deep, shared liquidity for users
Transparent, protocol-level value capture
Core Architecture
Unified Execution and Liquidity Aggregation
AZ Open Network aggregates orderbook depth across all partner channels to provide best execution for traders, regardless of the frontend they use.
Key characteristics include:
Unified execution routing across partner channels
Shared global liquidity by default
Consistent execution logic and market behavior
A single settlement and clearing framework
Settlement Layer: AZ Axis
AZ Axis serves as the settlement and value anchoring layer of the AZ Open Network.
High-performance, low-latency orderbook engine
Responsible for:
Trade settlement
Fee accounting
Risk controls
Data integrity
Ecosystem Value Capture
AZ is a decentralized blockchain community where value is captured first at the protocol layer.
Fee Flow Overview
Users pay base maker and taker fees according to the protocol fee schedule
Fees are collected by the AZ Protocol
Any partner channel fees (if applicable) are recorded and distributed separately
Revenue distribution is transparent and verifiable
This design ensures alignment between the protocol and its partners while maintaining fee transparency.
Fee Structure and Partner Flexibility
Partners can customize user-facing pricing models while leveraging shared liquidity.
Protocol fees are governed by a transparent, tier-based system
Partner channels may apply additional fees at their discretion
All protocol-level fees are managed and enforced by the AZ protocol
This approach allows partners to balance commercial flexibility with ecosystem-wide consistency.
Shared vs Customized Orderbooks
AZ Open Network supports flexible orderbook configurations while preserving a unified user experience.
Shared Orderbooks (Default)
Partners access global AZ Axis liquidity
Assets are shared across all channels
Deeper liquidity and tighter spreads for users
Customized Orderbooks (Optional)
Partners may request isolated liquidity pools for specific markets
Internally mapped to partner-specific orderbooks
Still presented with a unified trading interface to users
This design enables advanced liquidity strategies without fragmenting the user experience.
Channel Seat (Current Phase)
At the current stage of the AZ Open Network, all partners participate under the Channel Seat model.
Channel Seat Characteristics
Partners operate branded trading frontends
Partners route users and traffic into the AZ ecosystem
Liquidity is shared across the network
Partners participate in co-marketing and ecosystem growth
Asset and Oracle Management
To ensure market safety and integrity:
Partners cannot list assets directly
Oracle configuration is managed exclusively by the AZ Core Team
Unified oracle standards are enforced across all markets
This controlled approach minimizes systemic risk while delivering a frictionless trading experience.
AZ Responsibilities Under Channel Seat
Under the Channel Seat model, AZ is responsible for:
Verifying asset configurations
Managing oracle sources and price integrity
Enforcing unified risk parameters
Ensuring fair execution and settlement
Maintaining consistent market behavior across channels
This structure allows partners to focus on user acquisition and frontend innovation while AZ ensures protocol-level safety.
Partner Co-Marketing Opportunities
Channel Seat partners are recognized as key members of the AZ ecosystem and may participate in:
Joint branding initiatives
Co-hosted campaigns and events
Educational content collaboration
Cross-community exposure and promotion
Partner visibility may be featured across AZ ecosystem materials and communication channels.
Transparency and Trust
Transparency is a core principle of the AZ Open Network.
Fee flows are transparent and protocol-enforced
Execution logic is consistent across channels
Key data is verifiable at the protocol level
Market rules are applied uniformly to all participants
This approach strengthens user confidence and ensures fairness across the ecosystem.
Summary
The AZ Open Network combines shared infrastructure with independent brand freedom. Through the Channel Seat model, partners can rapidly deploy branded trading experiences while benefiting from shared liquidity, unified execution, and transparent value capture.
This controlled initial phase enables AZ to maintain strict market safety standards while laying the groundwork for a more decentralized and permissionless future.
Join the AZ Open Network
Become a Channel Seat partner and co-build the next generation of decentralized orderbook-based trading infrastructure with AZ.
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