In this episode of the 1delta Podcast, Kevin Schellinger interviews Vitali Dervoed, CEO and co-founder of Composability Labs. Vitali shares his extensive background in software engineering, fintech, and his transition into crypto during the ICO boom. He discusses his journey through building Ethereum scalability solutions, contributing to Solana’s ecosystem, and eventually founding Composability Labs.

The conversation delves into Vitali’s latest project—a fully on-chain order book DEX called Spark, built on the Fuel Network. He explains the advantages of order book DEXs over AMMs, highlighting efficiency, price discovery, and scalability improvements. Vitali also outlines Spark’s features, including parallelization, low transaction costs, and plans for integrating perpetual contracts (perps) and gasless transactions.

The episode explores broader trends in DeFi, emphasizing the shift from centralized exchanges to decentralized platforms, and Spark’s vision of becoming a fully composable ecosystem. Vitali shares insights into market-making strategies, MEV challenges, and future-proofing DeFi platforms. He concludes with advice for Web3 builders, stressing long-term vision, resilience, and independence.

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