> For the complete documentation index, see [llms.txt](https://docs.nexus.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nexus.xyz/exchange/trading.md).

# Trading

The release of the Nexus Exchange will enable users to trade on a central-limit order book (CLOB) on Nexus Layer 1. Orders will be matched on NexusCore at 5ms block intervals with instant finality.

| Property        | Value                                 |
| --------------- | ------------------------------------- |
| Execution       | 5ms blocks, price-time priority CLOB  |
| Finality        | Instant (NexusBFT)                    |
| Custody         | Non-custodial — assets held on-chain  |
| Margin currency | USDX *(In Development)*               |
| Verifiability   | Every trade produces a validity proof |


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