Morph has launched Morph Tachyon, an independent L1 designed for on-chain trading and high-performance financial markets. According to Foresight News, existing Ethereum L2s will continue supporting payments, stablecoins, and open finance, while Tachyon will provide an infrastructure environment dedicated to trading.
Morph said Tachyon has its own consensus mechanism and settlement system, with a target block time of 200 milliseconds and throughput of up to 200,000 transactions per second. It also supports instant finality, a gas-free trading experience, and an EVM-compatible development environment. The decentralized perpetual trading platform PopDEX will build its trading infrastructure on Tachyon, and the two sides will work on on-chain derivatives, liquidity, and capital efficiency.