VatnForn (Deepwaters)

Deepwaters, operated by the Icelandic entity VatnForn ehf., is a financial technology company that has developed an advanced cryptocurrency exchange. The platform's mission is to solve the problem of thin order books and high slippage common on other exchanges by combining a lit orderbook with a "dark pool" where large trades can be executed off-book without affecting the market price. It is built to serve sophisticated individual traders, algorithmic trading firms, and financial institutions by offering fast execution, deep liquidity, and a secure trading environment.