DeFi clearing & brokerage

Post-trade clearing & settlement

• Position netting across accounts and books.
• Mark-to-market and per-account ledger reconciliation against on-chain balances.
• Margin calculation: initial, maintenance, and liquidation thresholds.
• Settlement to on-chain venues.

Risk management

• Real-time exposure calculation per account and per book.
• Configurable margin models.
• Pre-trade risk gates and post-trade monitoring with auto-deleveraging hooks.

Execution and market-making

• Smart order routing across multiple liquidity sources with documented execution policy.
• Post-trade transaction-cost analysis: arrival price, VWAP, implementation shortfall.
• Two-sided quoting with inventory-aware spread management.
• LP position automation against AMM pools, including concentrated liquidity rebalancing and fee-tier selection.

Liquidation

• Per-protocol liquidation logic with configurable trigger conditions.
• Optimised transaction submission.

Implementation status

• On-chain protocol layer designed and built; deployed to devnet.
• Off-chain brokerage backend in active implementation.
• Mainnet deployment gated on third-party smart-contract audit.

Tech stack