Lazy loaded imageNexus AMA:The Rise of the Specialized Layer 1

type
status
date
slug
summary
tags
category
icon
notion image
On November 24, Nexus held a community AMA in DC. The meeting featured an in-depth dialogue between Content Lead Daniel, Product Manager Alec, and our goddess Bria.
P.S.: A small suggestion—I hope they can include more direct interactive segments in the future. If you listen patiently, you will find that the density of information they disclosed is actually very high.
This was not just an introduction to a testnet product; it was more like a roadmap disclosure on how Layer 1 should evolve.
Peering through the veil of this DEX Alpha, I see Nexus attempting a vertical integration from a "general-purpose public chain" to a "specialized performance chain." Below are my review and reflections on the core content of this AMA.

I. The Exchange is the "Engine" of the Ecosystem

notion image
Why would a Layer 1 public chain personally step in to build a DEX? This is a question many people have, and it was the core topic discussed at the start of the AMA.
Product Manager Alec's reason was direct:
  • The exchange is the most important "financial primitive" in every Layer 1 ecosystem.
  • It is the core engine for capital compounding, liquidity, and value flow within the entire ecosystem.
Traditional Layer 1 Model (e.g., Ethereum)
Nexus's Play (Vertical Integration)
Primarily provides general-purpose block space, relying on the application layer to build financial infrastructure.
To bear the scale of Traditional Finance (TradFi), merely providing a general-purpose foundation is not enough.
Approach: Provides passive underlying infrastructure.
Strategy: Enshrine this "engine" directly within the protocol layer.
As Alec said, this design provides super-power for the entire Layer 1 ecosystem, rather than just being a passive underlying facility.

II. Equipping the Blockchain with a "Graphics Card"

notion image
When explaining the technical architecture, Alec repeatedly brought up a fascinating concept: NexusDEX is not an ordinary smart contract.
It is a Library of specialized execution engines built within the protocol layer.
This statement is critical. We can imagine current public chains as a computer's CPU—general-purpose and flexible, capable of running any code. However, they easily stutter when encountering large-scale, singular high-frequency computing (like order book matching).
What Nexus is doing is equivalent to installing a GPU or a specialized chip on the blockchain.
Architecture Component
Role Positioning
Target Task
NexusEVM
Responsible for handling complex logic in general-purpose contracts.
General, flexible computation.
NexusCore
Specialized for handling standardized tasks that are extremely sensitive to speed, security, and cost.
High-speed, high-frequency, standardized computation (e.g., order book matching).
This "Heterogeneous Computing" approach is meant to break the trade-off that plagues developers: in the past, seeking speed meant sacrificing security, and seeking security meant enduring high costs. Nexus attempts to achieve both through physical isolation at the architectural level.

III. Uniswap is Good, but Nexus Wants More

notion image
In talking about competitors, Alec's attitude was pragmatic. He acknowledged Uniswap as great infrastructure and praised Hyperliquid's attempt to bring the order book on-chain.
But Nexus's ambition seems not to be to simply build a better Uniswap.
  • The nature of the AMM mechanism: It is a compromise product due to insufficient on-chain computing power.
    • For large capital, slippage and capital efficiency are critical flaws.
  • Nexus's Choice: Insists on building a CLOB (Central Limit Order Book).
    • Target Market: They are aiming not for fragmented speculative markets, but for institutional-grade existing capital.
More importantly, Nexus wants to be more than just an exchange; it wants to be that "specialized engine library."
Today, the official team used this library to build a DEX. Tomorrow, developers can use the same library to build foreign exchange markets or prediction markets. It aims to become the incubation cradle for high-performance financial applications, not just a single application.

IV. ZK is the Peace of Mind

notion image
Since they pursue ultimate speed, why not just use centralized servers?
Daniel answered this question using the analogy of a "three-legged stool": ZK (Zero-Knowledge Proofs), Layer 1, and DEX are all indispensable.
This is Nexus's moat.
  • NexusCore provides centralized speed comparable to AWS.
  • ZK provides Ethereum-level verifiability.
ZK here acts more like an "all-weather auditor," proving to the entire network that:
Although the order book runs extremely fast, it has not committed fraud, and every match is logically sound.
This is the true meaning of "Verifiable Finance"—having both the centralized experience and the decentralized trust.

V. 2026 and the Philosophy of "Slow"

Regarding the timeline, Daniel was candid.
  • The current Early Access is only a part of Testnet3.
  • The real highlight is set for 2026.
In the fast-paced crypto market, setting the core milestone two years out requires conviction. This releases two signals:
  1. This is difficult to build. Embedding the matching engine into the protocol layer and coordinating it with a zkVM requires an engineering effort several orders of magnitude higher than writing a Solidity contract.
  1. They are long-termists. The current Alpha test is less about boosting trading volume and more about "feeding data"—training this complex engine with real user behavior to ensure it can handle a true financial scale in 2026.
The biggest revelation from Nexus DEX Alpha is this:
Web3 is shifting from "decentralization for the sake of decentralization" to "rebuilding decentralization for the sake of performance and user experience."
It seeks to reclaim the pricing power long monopolized by centralized exchanges through "specialization" in its architecture. This path is certainly not easy, but if Nexus can make this narrative work, the DeFi market in 2026 might find a place for it.
上一篇
批量查询所有积分
下一篇
听完Nexus的AMA,我对Layer1的认知被刷新了
Loading...