KS Systems has announced the launch of Manifest, a fee-less order book built on the Solana blockchain. Key contributors to the project include Maximilian Schneider, founder of Mango Markets; Britt Cyr, CTO of Dual Finance; and John Kamer, head of trading at CKS Markets.

Manifest utilizes a global ordering system that enables simultaneous bids and offers, maximizing liquidity. The platform introduces a data structure called HyperTree, which allows for more efficient key-value data storage on the Solana Virtual Machine (SVM). This layered architecture ensures the core matching engine can be formally verified without compromising features.

Manifest is currently in its devnet phase, with a mainnet launch planned. The platform is open-source, providing equal access and opportunities for all participants.