What is an 'on-chain order book' like Hyperliquid uses?
Choosing between a custom Layer 1 (like Hyperliquid) and a Layer 2 (like Arbitrum or Optimism) depends on your goals. Layer 1 offers the highest performance, independence, and full control over gas/fees but requires complex infrastructure development. Layer 2 is faster and cheaper than Ethereum mainnet and easier to deploy, leveraging the security of the underlying L1. L2 is often the practical choice for a White Label solution's initial launch.
Explore More: https://www.blockchainappfactory.com/white-label-perpetual-dex
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