DIY OTC Setup Using Hollaex Dash

Exchange self-hosting
#1

Something does not make sense, when creating a new install you have the option of Hollaex Mainnet, Hollaex Testnet, and Custom Network, linking to the Hollaex Mainnet you get all the liquidity of the assets and pairs for trading, these are synched to dash.hollaex.com.

All the documentation and comments state when you create a DIY you can avoid the hollaex network and run everything locally for your own liquidity, but, when you create a custom asset via the mainnet it syncs to dash.hollaex.com, and presume the OTC deal also does the same, the postgres database is never used, we looked in the docker container and there is nothing there.

  1. According to the comments in the forum you can make a DIY exchange with no connection to the hollaex network, how because we tried and it does not work.

  2. When you create an asset on the mainnet there is an approval process and XHT staking, there are fourm posts that you do not need to go through this process, but even the OTC are synced to the dash, where do you create an asset in the exchange off the network bypassing the approval, basically a Darkpool.

  3. It appears if you choose mainnet then everything is synched to the dash, it is not clear but seems the only way to use the local postgres database for assets/markets is to have a custom network, where is the information about activating this.

1 Like
#2

I’m not using a private network however little more info on that can be found here: Private HollaEx Network - HollaEx’

#3

Thanks for the information, we actually saw that “In case you do not want to share liquidity and would like to have full control over the entire ecosystem, there is a private HollaEx Network offered as an enterprise solution.”

From all the information Custom Network = Private Hollaex Network, which as it states is an enterprise solution, which explains why there is no api or information about creating a network, it is a closed system.

We found some more information via testing, the OTC are stored in the Brokers table so those are local, however the wallets appear to be stored in a central database, it also appears that the only pairs are USDT based, the others need to be verified but so far we have not found what that actually means or a list of active pairs for that matter.

Our consultants have found another way of doing it, via another exchange system which is open sourced, kind of, also using Trading View with market making, it’s not free but at the same time doesn’t cost $10,000s/mth or more most others are charging, plus the data is stored locally which when you are talking about financial transactions, as you will be liable for the problems, having centrally stored wallets is not the way to go.

1 Like