Bullish

Launched in November 2021, Bullish’s blockchain-based cryptocurrency trading platform has been designed as a regulated, externally verifiable exchange, operating a high performance central-limit-order-book matching engine combined with DeFi-derived Liquidity Pools to enable automated market-making capabilities and yield earning opportunities.
An evolution from the traditional exchange, Bullish’s proprietary Hybrid Order Book (HOB) pairs the high-performance of a traditional Central Limit Order Book (CLOB) with Automated Market Making (AMM) — a protocol that uses a mathematical algorithm to facilitate prices in a transparent, market-neutral, and deterministic manner. The HOB is underpinned by Bullish Liquidity Pools (BLP) for each trading pair and is intended to reward asset holders whilst providing liquidity to the asset pairs the exchange offers for trading. BLP offers clients the ability to manage balanced portfolios while earning passive yields at scale across highly variable market conditions.