How newly launched crypto exchanges have order data?

Newly launched crypto exchanges manage order data by implementing sophisticated trading infrastructure. The process typically involves setting up a centralized database to store and manage order information efficiently. This database is crucial for recording buy and sell orders, order book details, and trade history.

To execute trades, these exchanges deploy advanced matching engines that operate based on the real-time order book. This ensures timely and accurate execution of trades. Additionally, the implementation of secure application programming interfaces (APIs) like liquidity api in some whitelabel crypto exchange scripts allows seamless integration with various trading bots and third-party applications, further enhancing the trading experience.

As these exchanges gain traction, they may explore incorporating blockchain technology to enhance transparency and security. While they start centralized for efficiency, the evolving crypto landscape may see new exchanges adopting decentralized finance (DeFi) concepts, contributing to increased trust and reliability in their order data systems. It's imperative for new exchanges to prioritize robust security measures to protect user data and transactions from potential threats. 

Hope you find this useful.