Routing Intelligence for Order Book Markets

CryTech provides two distinct capability layers — observation and routing — that can be deployed independently or together. Both are designed for production-grade performance at institutional scale.

Why Price-Proximity Routing Fails

Traditional matching engines route orders to the nearest available price level. This works when the order book is dense — when every price level has meaningful liquidity. But cryptocurrency markets are structurally different from equities.

Liquidity in crypto order books is often concentrated in clusters, separated by empty or thin levels. When a large order hits a thin zone, it doesn't fill gradually — it jumps across multiple price levels at once, triggering cascading fills that amplify the original impact.

Circuit breakers are the industry's current answer. But they react after the damage has started. By the time a circuit breaker fires, slippage has already occurred, user trust has already eroded, and the exchange's spread margin has already compressed.

Reactive
Circuit breakers activate after damage begins
Preventive
CryTech routing prevents the damage from starting

The Observation Layer

CryTech's observation layer continuously profiles the depth structure of your order book, producing real-time intelligence that no matching engine currently provides.

  • Depth profiling across 50 levels on each side of the book
  • Stability scoring that tracks how resilient each price zone is to incoming flow
  • Depletion detection that identifies zones being actively drained
  • Cancel pressure analysis that distinguishes real liquidity from phantom walls
  • Historical pattern recognition for recurring structural weakness

The observation layer runs in advisory mode — it watches, it scores, it alerts. It never touches orders. This makes it a zero-risk entry point: connect your feed, see the intelligence, decide for yourself.

Advisory Mode

What You'll See

Real-time depth profiles
Zone stability scores
Depletion velocity alerts
Cancel pressure heatmaps
Cascade risk indicators
Historical pattern reports

The Routing Layer

Once you've seen the intelligence, you can act on it. CryTech's routing layer takes observation data and makes real-time execution decisions — directing orders to the deepest, most stable zones in the book.

  • Zone-based execution that targets structurally stable price regions
  • Intelligent order splitting for large orders that would otherwise cascade
  • Cascade prevention that redirects flow away from depleting zones
  • Defensive mode activation during extreme market conditions
  • Microsecond-latency decisions that don't slow your matching engine

The routing layer is an optional upgrade from observation. You can run advisory mode indefinitely, or activate routing when the data convinces you.

Routing Mode

Performance Metrics

56μs median latency
450μs p99 latency
11,000+ orders/sec
~950M daily capacity
37% slippage reduction
Zero cascade events

One API. Five Minutes. Zero Infrastructure Changes.

CryTech connects to your exchange via a single API endpoint. Your matching engine continues to operate exactly as it does today. CryTech runs alongside it, observing and — if you enable routing — making suggestions or decisions in real time.

Single API Endpoint

One connection point. Standard REST or WebSocket. Authenticate with API keys. No SDK required, no custom protocols.

5-Minute Setup

Connect your order book feed. CryTech starts profiling immediately. Full intelligence dashboard available within minutes of connection.

Choose Your Mode

Advisory mode for observation only. Routing mode for active execution optimization. Switch between them at any time — no redeployment required.

Real-Time Intelligence at a Glance

Everything your matching engine doesn't show you — presented in a single interface designed for exchange operators.

CryTech Intelligence Dashboard v3.2 — Advisory Mode
Discontinuity Detection
Real-time monitoring
Liquidity discontinuities detected and flagged across all depth levels before they cause cascade events.
Execution Guidance
Zone-based routing
Stable execution zones identified with depth scores and depletion trends. Optimal paths suggested for every order.
Live Savings
Estimated slippage reduction
Real-time tracking of estimated slippage prevented, fill quality improvements, and execution cost savings.
Mode Toggle
Advisory ↔ Routing
Switch between observe-only and active routing with a single toggle. Full audit trail of all routing decisions.
ADVISORY: ACTIVE ROUTING: STANDBY

See It In Action

Request a 7-day evaluation. Connect your feed and watch CryTech profile your order book in real time.

Request Evaluation Access