Spicenet L1

The settlement foundation of Spicenet’s brokerage network. A purpose-built blockchain for coordinating financial activity across chains and venues.

SOVEREIGN ROLLUPNATIVE RUST RUNTIMECANONICAL LEDGERCELESTIA DAMERKLE STATE ROOTS

One canonical settlement layer

Balances, collateral and execution results settle to the Spicenet L1, creating a unified view of assets and liabilities across venues and networks.

01

Accounting ledger

Asset and liability ledgers track balances and collateral held across Spicenet Adapters.

02

Token mapping

Settlement tokens map to their counterparts on underlying blockchains, connecting deposits and withdrawals across networks.

03

Capsule wallets

Purpose-built wallets manage settlement tokens behind the scenes, with interactions accessible from an existing EVM wallet.

Native Rust. Verifiable state.

A sovereign rollup with a purpose-built runtime and data availability on Celestia.

  1. Execute

    Transactions execute in native Rust, producing new Merkle state roots.

  2. Publish

    Transaction batches and their aggregate state roots are published to Celestia.

  3. Verify

    Validators replay published transactions and compare the resulting state roots.

Security review

Audited by Hashlock

Hashlock reviewed our Rust code, including the rollup, state transition function, provers and Capsule wallets.

Read audit report