Mato is a DEX that implements a time-weighted order book (TWOB) for order matching and settlement. The TWOB is a new market structure designed to fix the fundamental flaws in financial markets. Instead of treating trades as instant, all-or-nothing events, TWOBs execute orders continuously over time, turning trading into a smooth streaming process. This eliminates front-running, reduces price impact, and protects liquidity providers from toxic flow.