Skip to main content
Liquid Mercury

Technology Stack

The engine under institutional digital asset trading

Digital asset markets trade 24/7 across 100+ fragmented venues with heterogeneous settlement. Crypto-native platforms weren't built to carry institutional flow through that. Liquid Mercury was: matching-engine performance, FIX-first connectivity, and sell-side workflows, built specifically for digital assets. Sub-100ns message processing, 10M+ messages per second, 99.99% uptime.

Technology Overview

Mercury Component Suite

The Mercury stack is modular, so teams can use the full platform or plug into specific layers.

Core Infrastructure

High-performance data structures, threading, memory management, and Linux server process optimization

Network Layer

Low latency communications with kernel bypass and zero-copy optimization

Data Management

Distributed in-memory database with flexible schema and integrated I/O

Performance Metrics

Production Performance

Key throughput, compression, and uptime metrics across the Mercury technology stack.

<90ns

Message Processing

10M+

Messages Per Second

90%+

Compression Ratio

99.99%

Platform Uptime

Core Foundation

Mercury Library & Net

Mercury Library

Foundation-level performance optimization for mission-critical trading systems.

  • High-performance data structures: hashtable, list, queue, stack, tree, array, bitarray, buffer
  • Lock-free implementations with lazy resize for minimal contention
  • NUMA-optimized memory manager with cache line and CPU cache optimization
  • Advanced recycler with pre-allocation and async allocation capabilities

Mercury Net

Low-latency communications layer engineered for speed and reliability.

  • Multiple transports: TCP, UDP, ITC (heap), IPC (shared memory)
  • Intelligent routing across region, data center, cluster, service, client, thread, and callback
  • Kernel bypass IP stack with 25/100GbE server-side support
  • PCIe v3 x16 NICs with lock-free, zero-copy architecture

In-Memory Database

Mercury MemDB

Mercury MemDB is a flexible in-memory database for trading workflows. Teams can change schema and processing logic without heavy redevelopment.

Integrated I/O

Seamless connectivity to SQL databases, file systems, Mercury Net, Mercury SeriesDB, Mercury FIX, and Mercury Market Data all through unified interfaces.

Runtime Flexibility

Modify schemas, add relationships, and deploy custom processors on-the-fly without system downtime or recompilation.

Application Framework

Mercury App Framework

Universal Platform Support

Deploy trading applications across every major platform with a single codebase.

Linux (RHEL)UbuntuAmazon AMIWindowsmacOSBrowsersiOSAndroidWhite-label

Real-Time UI Components

Configured at runtime, updated in real time. No recompiles to reshape a workflow.

  • Data display: grid, chart, and tree views
  • Data entry: comprehensive form controls
  • Intelligent layout manager

Security & Extensions

Security & Extensions

Authentication & Authorization

Session management with per-dataset entitlements for view, modify, and create permissions at the user level.

Data Management

Configurable data display, entry, and SQL I/O with flexible schemas and real-time sync.

Integrations

Pre-built connections to major trading platforms, market data providers, and exchange protocols for seamless integration.

Data & Connectivity

Market Data & FIX Engine

Mercury Market Data

Fast, Scalable Processing

Sub-90 nanosecond message processing with capacity exceeding 10 million messages per second on a single server. Multicore and multi-server configurations scale seamlessly.

<90nsmessage processing
10M+messages per second

Mercury FIX

Low Latency FIX Engine

FIX 4.2 - 4.4 protocol support
Complex order types and routing
Inbound & outbound sessions
Flexible tag mapping with GUI tools
Message viewer and session management
Session and sequence reset capabilities

Time Series Database

Mercury SeriesDB

Mercury SeriesDB stores time-series data with low latency and strong compression. It keeps real-time performance while preserving historical access.

01

Optimized Architecture

NUMA, cache line, and CPU cache optimization with intelligent inter-core prefetch minimizes cache misses for maximum throughput.

02

Intelligent Indexing

Custom data indexing with proprietary perfect hash key mapping and configurable snapshot intervals for efficient data retrieval.

03

TCP-Based API

Server API supports snapshot and real-time streaming queries, custom feed input, and real-time schema customization.

Developer Tools

Comprehensive API Suite

FIX, REST, Binary, and WebSocket APIs for full automation

Programmatic Trading

Quoting and risk management via standardized APIs

System Integration

Integration with OMS, PMS, and back-office systems

High-Performance Execution

Low-latency, high-throughput execution

Infrastructure Benchmarks

Settlement and transaction networks are already operating at institutional scale

Recent market data shows that modern digital asset infrastructure is no longer experimental. Settlement speed, transaction scale, and network connectivity are all moving into mainstream institutional territory.

90%

Cross-border settlement time reduction

A documented institutional implementation reduced cross-border settlement time by 90%, moving from T+2 to under 20 minutes using blockchain-based settlement infrastructure.

Source: 7BlockLabs case study

$60.9T

Stablecoin transaction volume in 2025

CoinResearch estimates that stablecoins processed $60.9 trillion in 2025, roughly 2.2 times the combined volume of Visa and Mastercard.

Source: CoinResearch, Digital Assets in 2026

Market Signal

Settlement infrastructure is shifting from experiment to expectation

Market Signal

Financial institutions can no longer afford to ignore digital assets. 2026 marks a turning point where settlement systems stopped being experimental technology and became critical infrastructure.

Analytics Insight, 2026

Source: Analytics Insight, How Digital Asset Settlement Systems Drive Growth in 2026

FAQ

Common Questions About Liquid Mercury Technology

What does the Liquid Mercury technology stack do?
The Liquid Mercury technology stack powers institutional digital asset trading, including execution, market data, order workflows, and integrations.
How is the platform built for performance?
The stack is designed for low-latency execution, high-throughput data processing, and infrastructure patterns used in institutional trading systems.
Which APIs does Liquid Mercury support?
Liquid Mercury supports FIX, REST, Binary, and WebSocket APIs for programmatic trading and system integration.
Can institutions integrate Liquid Mercury into existing workflows?
Yes. The platform is designed to integrate with OMS, PMS, custody, settlement, and other institutional workflow systems.

Get Started

Ready to upgrade your trading infrastructure?

See Mercury's technology stack in action. Schedule a technical deep-dive with our engineering team.

Request Demo