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Season 1 · DeFi & Open Finance

Equalis

Fair, MEV-resistant trading through uniform-price batch auctions on OPN Chain.

WithdrawnDeFi & Open Finance

by levii3424 · submitted Jul 19, 2026

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Description

01/03

What the builder said.

Written by the team, rendered as the markdown they typed in the submission wizard.

What we built

Equalis is a uniform-price batch auction DEX built on OPN Chain. It groups limit orders into five-minute batches and settles all matched traders at one clearing price.

Unlike traditional execution, users do not gain an advantage by placing a transaction milliseconds earlier. Orders compete by price rather than transaction position, reducing front-running and priority-based value extraction.

How it works

  1. Users connect their wallet and submit Buy or Sell limit orders.
  2. Tokens are securely escrowed in the smart contract.
  3. After the batch closes, a solver proposes balanced fills and a clearing price.
  4. The contract verifies price limits, fill amounts, and matching balances.
  5. Users claim purchased assets, proceeds, unfilled funds, and price improvements.
  6. If settlement is delayed, users can refund their order after a safety grace period.

Key features

  • Uniform clearing price for every matched trader
  • Limit-price protection
  • Partial fills with automatic surplus returns
  • Emergency refunds for unsettled batches
  • Double-claim and double-refund protection
  • Reentrancy-protected token transfers
  • On-chain order history
  • Verified contracts on OPN Testnet
  • Responsive web application

Equalis is suitable for token launches, treasury swaps, stablecoin liquidity, periodic auctions, and other markets where fair execution matters more than transaction priority.

The current testnet version uses an operator solver, while the next stage is a permissionless solver network in which multiple participants can compete to submit valid settlements.

Live demo: https://equalis-opn.vercel.app
Source: https://github.com/HYYYA222/equalis-opn

Roadmap

02/03

What ships next.

The builder's own next-quarter plan. Use it to gauge follow-through and ambition.

Q3 2026 - Testnet validation

  • Complete public testing of Equalis V2 on OPN Testnet.
  • Test order placement, settlement, partial fills, claims, and refunds.
  • Improve wallet errors, transaction notifications, order history, and mobile UX.
  • Publish technical documentation for users and developers.
  • Add monitoring for batch volume, settlement time, and failed transactions.
  • Target 500 testnet orders and 100 active wallets.

Q4 2026 - Security and open solvers

  • Complete an independent smart-contract audit.
  • Launch a public bug bounty programme.
  • Release an open-source solver SDK.
  • Allow multiple solvers to calculate and submit batch settlements.
  • Add solver performance tracking and fallback settlement.
  • Integrate with OPN wallets, token projects, and liquidity providers.
  • Target three independent solvers and 99% settlement availability.

Q1 2027 - Mainnet beta

  • Deploy audited contracts to OPN Chain mainnet.
  • Launch selected trading pairs with conservative limits.
  • Add protocol fees and transparent treasury accounting.
  • Release analytics for volume, clearing prices, price improvement, and MEV savings.
  • Provide APIs for wallets, aggregators, and market makers.
  • Target five active markets, 1,000 traders, and $1M settled volume.

Q2-Q3 2027 - Expansion

  • Add scheduled and recurring batch orders.
  • Support token launches, treasury swaps, stablecoin markets, and OTC auctions.
  • Explore commit-reveal orders to reduce information leakage.
  • Introduce sustainable liquidity incentives.
  • Expand integrations across the OPN ecosystem.

Long-term vision

Equalis will become open batch-auction infrastructure for OPN Chain. Projects will be able to create markets, integrate order flow, and operate solvers under transparent on-chain rules.

The protocol will remain focused on fair execution, verifiable settlement, reliable liquidity, reduced MEV, and safe recovery of user funds.

On-chain proof

03/03

3 contracts on OPN Chain.

The chain itself confirmed every deployment is valid, signed by the builder's wallet, and inside the season's window.

  • 01BatchAuctionV2Primary

    0x8294b98E5f9dB7860b841B08334dca970eedb166

    tx 0xaada25ed64c022c1d1f2ed37df843f0d2ce95eb429df1c860a2aaffa2ae824a2

    deployed Jul 19, 2026 · block 20766499

  • 02BatchAuction

    0x442311fBc367f76cf039Ac185539320F5bC76fC1

    tx 0xe8e0b803691b2576b6caf0ee139dc945025dd9e2ea3c8de804e27c1c338e0b85

    deployed Jul 19, 2026 · block 20765009

  • 03MockToken

    0x1eD7Acf5B68491f3b79c09a5d031e8faCeE38890

    tx 0xee2dc11bff0ecff2605ac3a42edd134fe2f16f519b4932ec72b782838ea0c3c2

    deployed Jul 19, 2026 · block 20765007