> For the complete documentation index, see [llms.txt](https://docs.1dex.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.1dex.com/1dex-technical/6.-shared-order-book.md).

# 6. Shared Order Book

1DEX utilizes a shared order book mechanism to ensure efficient and transparent trading:

* **High-Performance Order Matching:** The order book supports millisecond-level transaction execution, processing over 10,000 transactions per second (TPS) with instant finality, effortlessly handling high concurrency.
* **Transparency Assurance:** All transaction data is recorded in real-time via on-chain matching and settlement mechanisms, immutable and publicly verifiable.
* **No Single Point of Failure:** Built on a serverless architecture and automated smart contracts, the system eliminates single points of failure, ensuring 24/7 stability.