Bluefin is a decentralized orderbook-based exchange built for both professional and first-time traders. It focuses on security, transparency and redefining the user experience of using on-chain trading platforms. - Bluefin is backed by Polychain, SIG, Brevan Howard, and other leading firms.
Their unrelenting focus on creating the best user experience possible has propelled them to over $33 billion in volume processed to date.
Bluefin launched v2 of their app on Sui because it enabled horizontally scalable performance and a wallet-less trading experience that could compete with the user experience of a centralized exchange. In order to launch on Sui, Bluefin had to make the choice of whether to build or buy their node infrastructure that would read and write to the Sui blockchain.
Bluefin needed ultra-reliable Web3 infrastructure that wouldn’t take time away from working on their app. Their requirements included the lowest low latency possible, high throughput (up to 800 qps), and a customizable blockchain data retention policy for reading historical events.
Beyond Full nodes, Bluefin also wanted to simplify onboarding, depositing and withdrawing in the app. So, Bluefin gave each new account a very small amount of SUI to cover blockchain gas fees. This was especially helpful for users who bridge assets or were newer to Web3. The problem with this approach is that it led to fake wallet sign-ups that stole the SUI Bluefin meant only for real new accounts.
Shinami and Bluefin worked together and decided the best option for a low latency UX was to use a Shinami dedicated Node Service deployment co-located in the same data center. This led to super-fast reads - a reduction from more than 100ms to less than 50ms - vs using Shinami’s shared infrastructure.
Using a Shinami Dedicated Node also meant a single-tenancy, quickly-scalable, high-throughput node with a customized blockchain history retention policy that gave Bluefin the extra historical data they needed.
Further, the fast, high-quality support Shinami has provided Bluefin means that any time a change is needed - scaling up the QPS, adjusting the blockchain data retention policy, upgrading Full nodes, etc - that change is made quickly.
Finally, Bluefin uses Shinami’s Gas Station to securely sponsor user transactions to simplify onboarding, depositing, and withdrawing from the app.
“Shinami is one of our earliest partners on the Sui protocol. Integrating their services has been a seamless process, mainly due to their extensive documentation and a proactive, always accessible team.”
By using Shinami, Bluefin can spend its time building and iterating on product features that create a great user experience. Key results of using Shinami include:
