● Live on Arbitrum Testnet

TRADE WHAT
DOESN'T EXIST YET

The first perpetual futures exchange with dominance perps, on-chain coin-margined contracts, and a custom Rust matching engine. Instruments no one else has.

Start Trading Explore Products

Products

FOUR PRODUCT LINES.
TWO ARE WORLD FIRSTS.

We didn't build another DEX. We built instruments that don't exist on Binance, Bybit, dYdX, or Hyperliquid.

◎

WORLD FIRST

Dominance Perpetuals

Trade Bitcoin's market share as a perpetual contract. Go long BTC.D when you think Bitcoin is eating altcoin market cap. No basket rebalancing, no synthetic positions — a single instrument.

BTC.D-PERP USDT.D-PERP

₿

ON-CHAIN FIRST

Coin-Margined Perps

Collateral and PnL settle in native BTC or ETH. Never sell your stack into stables. Previously only on Binance and OKX — now on-chain for the first time.

BTC-PERP-CM ETH-PERP-CM

⟐

STANDARD

USDC Perpetuals

Full orderbook perpetuals with cross and isolated margin, tiered liquidation schedules, and up to 20x leverage. The instruments you know, built better.

BTC-PERP ETH-PERP SOL-PERP

↗

COMING SOON

More Markets

Volatility perpetuals, cross-pair spreads, and sector dominance contracts. Every instrument that should exist but doesn't — we're building it.

VOL-PERP ALT.D-PERP

Engine

NOT A FORK.
NOT EVM-BOUND.

Custom Rust matching engine with off-chain performance and on-chain settlement on Arbitrum.

pub fn match_order(order: Order) → Vec<Fill> {
  let book = self.books.get(&order.symbol);
  let fills = book.match_against(
    order.side, order.price, order.qty
  );
  // sub-ms FIFO matching, no gas, no MEV
  for fill in &fills {
    self.update_position(fill);
    self.check_liquidation(fill.user_id);
    self.settle_fees(fill, 0.0003);
  }
  fills
}

FIFO Orderbook Matching

Central limit orderbook with price-time priority. Market, limit, and reduce-only orders.

Tiered Margin System

Progressive maintenance margin tiers matching Binance's schedule. No flat-rate liquidation.

Cross & Isolated Margin

Shared USDC balance across cross positions. Isolate risk per position when needed.

Liquidation Engine + ADL

Progressive liquidation with insurance fund and auto-deleveraging as backstop.

8-Hour Funding Rates