Reya: “Building ultra-fast derivatives trading infrastructure based on a based rollup… daily volume nearing $1.5 billion”

Decentralized finance (DeFi) derivatives exchange Reya said on the 10th (local time) that it is accelerating the expansion of ultra-fast derivatives trading infrastructure built on a based rollup.

Reya is a decentralized derivatives exchange built atop an Ethereum-based based rollup (Based Rollup) architecture, designed to process trades while preserving Ethereum’s security by using a structure that does not rely on a sequencer.

It applies customized zero-knowledge circuits (ZK-circuits) to process all transactions in a verifiable manner, with transaction processing speeds of under 0.1 milliseconds. It is configured to support derivatives trading—where high-frequency execution is required—in an on-chain environment.

Its trading architecture removes dependence on a single sequencer, reducing single point-of-failure risk. It supports a zero-fee trading environment and a cross-margin system, and currently operates more than 70 derivatives markets. Reya’s daily trading volume is close to $1.5 billion, and cumulative volume is nearing $60 billion. Users, measured by wallet addresses, exceed 100,000, and the number of active traders has surpassed 10,000.

Reya has raised investment from a number of firms including Coinbase Ventures, Framework, Robot Ventures, and Brevan Howard, and is collaborating with multiple protocols including EigenLayer, LayerZero, Arbitrum, and the Ethereum Foundation. Reya plans to conduct a token generation event (TGE) based on a $300 million valuation, targeting the last week of March 2026.

A Reya representative said, “We are focused on delivering real performance through technical architecture rather than stopping at a simple narrative,” adding, “Our goal is to provide a fast trading environment while maintaining the decentralization and security that Ethereum aims for.”