Aevo operates an off-chain order-book where maker and taker orders are posted and matched. Once a maker and taker order gets matched, only then do they get posted on Aevo’s smart contracts, which are deployed on the L2 roll-up.
Before an order is created and posted to the order-book, it is evaluated through the off-chain risk engine. The risk engine checks margin requirements for that account (either Standard Margin or Portfolio Margin) to determine if it has enough margin to create that order.
Updated about 1 year ago