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PhantXTry testnet

ZK/CLOB DECENTRALISED EXCHANGE

See the market. Trade with intent.

PhantX brings central limit order book price discovery to a decentralised exchange, with a public testnet you can explore today.

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01 Order flow02 Match03 ZK proof
PhantX blue horse mascot standing and reaching toward a market interfacePHANTX MARKET GUIDE

A CLEARER WAY IN

The order book, without the black box.

The PhantX interface is designed to make bids, asks, and market depth understandable before an order is placed.

  1. 01
    Inspect

    Read both sides of the market.

  2. 02
    Choose

    Set the price you want to express.

  3. 03
    Test

    Explore the workflow in public testnet.

Built around clear price discovery

  • Central limit order book
  • Market depth
  • ZK foundation

ORDER-BOOK MARKETS

Every decision starts with market context.

Review bids, asks, spread, and depth before choosing how you want to enter the market.

MARKET DEPTHInspect every level
of the order book.

Order-book view

See organised buy and sell interest in one place.

Limit-order control

Choose the price at which you want an order to enter the book.

Price discovery

Follow how participants express demand across price levels.

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An order-book market for every participant.

PhantX gives different market participants one shared view of bids, asks, spread, and depth.

Traders

Inspect price levels, follow market depth, and test order strategies in the public spot testnet.

Liquidity participants

Study spread and order-book structure through a public testing environment.

Token teams

Explore how an order-book market can support price discovery for an asset.

Protocol explorers

Experience a ZK/CLOB exchange model in a public testing environment.

MARKET MODEL

A market stack built around orders.

  • Market view
  • Order entry
  • Order matching
  • ZK protocol layer
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PRODUCT ROADMAP

From public testnet to a broader exchange.

The current product is available to explore while the wider ZK/CLOB direction develops.

Roadmap direction, scope, and timing may change.

  1. Current

    Public spot testnet

    Explore the present PhantX order-book interface.

  2. Future direction

    Trading experience

    Continue refining market views and order workflows.

  3. Future direction

    Market access

    Expand how participants can explore order-book markets.

  4. Future direction

    Protocol evolution

    Advance the ZK/CLOB exchange model as specifications are confirmed.

Questions, answered plainly.

Start with the exchange model, the order book, and what is available today.

What is PhantX?

PhantX is a ZK/CLOB decentralised exchange built around order-book price discovery.

What does CLOB mean?

A central limit order book organises bids and asks at different price levels, allowing participants to inspect market interest before placing an order.

How is PhantX different from a swap interface?

PhantX organises trading interest in an order book. Users can inspect bids, asks, and market depth before placing an order.

Who is PhantX for?

PhantX is intended for traders, liquidity participants, token teams, and people exploring ZK order-book markets.

What can I use today?

The PhantX public spot testnet is available to explore. Testnet features and availability may change.

PUBLIC SPOT TESTNET

Meet the market in public testnet.

Explore the order book, review market depth, and experience the current PhantX interface.

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