Few understand why building a global trading engine will redefine the capabilities of decentralized exchanges. Spot/perpetual decentralized exchanges (DEXs) running on general-purpose L1/L2/L3 virtual machines face significant limitations, such as gas limits, inefficient liquidations, the inability to place orders to reduce spreads, and a limited customer trading experience. Aptos MoveVM comprehensively addresses these issues. Native trading operations Native trading storage Native trading SDK/API Centralized exchanges generate over $50 billion in annual revenue. The decentralized exchange sector is just getting started, and the market is poised to expand even further. Faster coin listings, expanded access rights, more flexible integration, and the widespread adoption of cryptocurrencies.