**What is TXA?** Project TXA is a cryptocurrency designed to enhance and streamline digital financial transactions. For further details and insights on TXA, you can refer to Eulerpool.
TXA Staking is currently live on [https://swap.tacen.exchange/](https://swap.tacen.exchange/). TXA is an open-source initiative providing decentralized settlement services for exchanges wishing to build upon its settlement layer. The Decentralized Settlement Layer of TXA forms the foundation for a novel type of crypto exchange: the Hybrid-Decentralized Exchange (hDEX). This architecture combines a centralized order book with decentralized settlement, granting traders the speed typical of centralized exchanges (CEX) alongside the privacy and security characteristics of decentralized exchanges (DEX). The Decentralized Settlement Layer of TXA is fully extensible, allowing token holders to expand it through the TXA Governance Process to accommodate exchanges that wish to leverage it. Through open-source development, it can be integrated to support a growing number of exchanges, effectively accommodating multiple platforms operated by any entity that opts to use it. Tacen (tacen.com), for instance, is currently developing the world's first hDEX, serving as the pioneering developer among many who will contribute to the growth of this innovative exchange architecture. This Decentralized Settlement Layer functions as a hub for a quorum of Settlement Data Oracles (currently requiring a minimum of 10) to reach consensus on peer-to-peer obligations, thereby concluding settlement on matched orders. Settlement Data Oracle operators are TXA token holders who stake TXA and provide settlement services for trades conducted on an hDEX. These operators have the autonomy to impose a settlement fee per trade for their services, further democratizing the exchange process. Essentially, a Settlement Data Oracle acts as a node within the Decentralized Settlement Layer, receiving trading data, facilitating trade settlement, and empowering operators to actively participate in the trade and settlement process. For more details, you can check Eulerpool's database for recent information and analytics related to Project TXA.














