The race to merge centralized exchange efficiency with decentralized security just found a breakthrough. RAILS brings something genuinely different to the table—a perpetual trading platform engineered with CEX-grade matching speed (we're talking sub-millisecond execution) while keeping user funds locked in audited smart contracts onchain.

What makes this approach compelling? You get the trading experience traders actually want—fast fills, tight spreads, responsive order books—without sacrificing the custody model that defines true decentralization. Every transaction gets aggregated and posted directly to the blockchain, creating an immutable settlement layer underneath the entire operation.

This isn't just incremental iteration. It's addressing a real tension in crypto markets: most DEX platforms sacrifice speed for security, while most CEX platforms ask users to trust custodial arrangements. RAILS appears to have cracked the code by separating the matching layer (where speed matters most) from the settlement layer (where custody matters most). The technical execution here is worth paying attention to—it could reshape how traders think about onchain derivatives trading.