The top reason we're developing on Movement is that our tech team is deeply invested in the Move language. As one of the early adopters of Aptos and Sui, we've recognized the advantages of a multi-threaded VM paired with an object ownership architecture. ⚡️

• Performance: The ability to execute tasks in parallel results in low latency, which is essential for efficient margining.

• Security: Built-in protections against re-entrancy facilitate quicker upgrades.

• Cost Stability: There are no global gas price spikes during periods of high volatility, which is critical for maintaining the liveness of our order book.

We are also thrilled about the broader Movement ecosystem, not just M1. 🗒️

• We support the modular chain concept.

• The potential to launch our customizable app chain through the Movement SDK opens up exciting opportunities for liquidity bootstrapping.

Although new Move L1s are attracting increasing developer attention, they have struggled to draw in whale EVM liquidity due to:

• The absence of essential DeFi products.

• Poor bridging experiences, requiring users to download new wallets, etc.

Movement's seamless cross-VM communication and backward compatibility with base networks enhance liquidity sharing capabilities.