Sugar Rush Don Launch Cardano CLOB Testnet Wey Gummiworm Dey Power

Sugar Rush go launch im public testnet on August 24 as Sundae Labs dey move im new order book-based trading infrastructure go broader testing for Cardano.

Powered by Gummiworm, the exchange dey designed to support faster order execution and trading strategies wey hard to run well through conventional automated market makers.

The launch include one trading competition wey go begin 13:00 UTC on August 24 and go run reach September 6 by 20:00 UTC. Participants go trade fictional assets while dem dey generate activity across the exchange and the infrastructure wey dey under am.

Sugar Rush Dey Bring CLOB Trading Come Cardano

Sugar Rush na decentralized exchange wey build around central limit order book, or CLOB, instead of the automated market maker model wey most Cardano DEXs dey use.

AMMs dey organize liquidity through pools and pricing formulas. CLOB dey maintain buy and sell orders for different prices, allow participants to place orders directly inside order book and execute dem when matching conditions don meet.

This model dey widely used by centralized exchanges and traditional financial markets because e dey give traders more control over execution prices and e dey support active market making and automated strategies wey depend on quick placing, modifying or cancelling of orders.

Sugar Rush dey bring that structure enter Cardano infrastructure.

Users fit place, update and cancel orders, and the system still support withdrawals and bulk operations. Sundae Labs don release documentation and developer tooling wey allow automated systems to interact with the exchange, extend the testnet beyond manual trading.

The current competition dey use fictional tokens instead of live market assets. More than $5,000 in prizes don dey allocated to the skill-based event, and the activity wey go follow go still serve as stress test for the exchange.

Sugar Rush dey developed by the team wey build SundaeSwap, but e no be replacement for the existing SundaeSwap AMM. The two systems dey use different market structures, with Sugar Rush focused on order book execution and the needs of active traders and market makers.

Gummiworm Dey Handle High-Speed Execution Above Cardano

Sugar Rush dey run on top Gummiworm, wey Sundae Labs describe as custody settlement protocol designed for fast finality, high throughput and programmable decentralized custody.

Instead make every order change dey submit directly to Cardano Layer 1, Gummiworm dey process trading activity inside faster execution environment while e still maintain connection with funds wey smart contracts for the base chain secure.

The architecture dey use Gummiworm “head” to process Layer 2 state and one group of participants wey dem dey call “coil” to replicate and verify changes.

Sundae Labs dey operate the head during the current testnet, while Blink Labs and Lantr dey participate for the coil. The architecture dey designed to accommodate more participants as development dey continue.

Gummiworm still include evacuation mechanism wey dey map user balances and assets wey link to open orders back to designated Cardano Layer 1 destinations, provide clear path make funds return to the base chain.

Sugar Rush add another execution layer through Intel TDX trusted execution environments.

Orders dey encrypted before sequencing, reduce the information wey infrastructure operators fit see before dem establish transaction ordering. The design aim to limit chances to exploit pending order information through selective transaction ordering or other forms of maximal extractable value.

Once ordering don determine, the Sugar Rush ledger go process the trading activity and distribute the resulting state through the Gummiworm infrastructure.

Public Test Go Measure How Gummiworm Perform Under Trading Load

Sundae Labs don already publish performance results from earlier Gummiworm development, but the figures dey measure different layers of the system.

Informal testing of the current single-peer Gummiworm head reach peak throughput around 4,000 transactions per second, with sustained performance near 3,400 TPS.

Separately, isolated benchmarks of the Sugar Rush CLOB ledger pass 70,000 transactions per second. That figure dey measure the order book engine alone and no be end-to-end performance result for the public testnet.

The development team don identify networking and the current JSON-based transport layer as major constraints between those results. Planned optimizations include binary transport protocols, transaction batching and pipelined execution.

Earlier controlled testing still record soft Layer 2 confirmations at roughly 370 microseconds above network latency with single head peer. Those results happen under controlled conditions, no be under the multi-user workload wey go start with the public launch.

The August testnet now expose Sugar Rush to traders and automated systems wey dey compete inside the same order book. Orders, cancellations and other activity go pass through the CLOB ledger, Gummiworm head and coil infrastructure while the system still connect to Cardano Layer 1 settlement.

When the competition end on September 6, Sundae Labs go get two weeks of public operating data from the combined Sugar Rush and Gummiworm stack, move the project from isolated technical benchmarks to broader test of how im order book infrastructure dey perform under sustained user and bot activity.