Gap Analysis: Crypto Exchange Software

Operating an Exchange

In 2021, there are many white-label solutions on the internet and many of them will probably do the job, but only from a software technology side. There are many other considerations that are important to operate a quality, successful exchange. One of the most important factors is liquidity. An exchange needs an order book and trading activity. This can be overcome by connecting your exchange with other exchanges.


OpenDAX is one of the largest open-source projects for a cryptocurrency exchange. However, the term open-source should be used with caution in this case because it isn’t entirely open-source. The OpenDAX stack is divided into its services, some are open-source like Peatio, and some are proprietary, like Tower.

OpenDAX Stack
BaseApp UI
  1. API endpoints and technologies?
  2. Does it support L3 data? Example implementations only show L2 data.
  3. What admin functionality is offered by Tower? How much do we need to customise it to fit requirements?

Bybit Clone

Exchange clone software is available from multiple sources. Putting aside the question of intellectual property of code and the rights of the named exchange, it can offer a quick and dirty solution to get a mirrored exchange up and running.

  • Referral Program
  • Margin Trading
  • Insurance Funds
  • Affiliate Bonus
  • Margin Bonus
  • Multiple Trading Pairs
  • Matching Engine
  • 24*7 Customer Support
  • Multi-Language Support
  • Dual Price Strategy
  • Funding Price
  • Perpetual Contracts
  • Auto Margin Replenishment (AMR)
  • Market Orders
  • Time in Force Method



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GDA Fund

GDA Fund


GDA is developing the decentralized financial application development environment and rapid financial engineering protocol built on Ethereum.