Docs

Docs

Trade cross-margin on:

Trade cross-margin on:

Crypto

Crypto

Equities

Commodities

Commodities

Trade Everything

24/7 on Solana.

Trade Everything

24/7 on Solana.

Trade Everything

24/7 on Solana.

Launch Testnet

Built for Speed

Sub-second finality, negligible gas, and no bridging required. The fastest perpetual DEX in production.

Built for Speed

Sub-second finality, negligible gas, and no bridging required. The fastest perpetual DEX in production.

Institutional Depth

Programmatic market-making ensures tight spreads and minimal slippage — even on high-notional trades.

Tight spreads

Minimal slippage

Programmatic market-making

Fair Risk Distribution

Auto-deleveraging is distributed proportionally across all counterparties. No single trader bears the full burden.

Fair Risk Distribution

Auto-deleveraging is distributed proportionally across all counterparties. No single trader bears the full burden.

Liquidation
Triggered

Insurance
Fund First

ADL

Distributed

Liquidation
Triggered

Insurance
Fund First

ADL

Distributed

Max Capital Efficiency

Your entire portfolio backs your positions. Crypto, stocks, and commodities all share one unified margin pool.

24/7 Continuous Trading

Trade equities, commodities, and indices as perpetuals — even when traditional spot markets are closed.

One margin pool

every asset class

One margin pool

every asset class

Most exchanges force isolated margin silos — your crypto, stock, and commodity positions each require separate collateral. On Margin Trade, a single unified account backs all of them simultaneously.

Most exchanges force isolated margin silos — your crypto, stock, and commodity positions each require separate collateral. On Margin Trade, a single unified account backs all of them simultaneously.

Unified Margin pool

$10,000

USDC Collateral

Crypto

Crypto

Crypto

62% allocation

62% allocation

62%

BTC-PERP

ETH-PERP

SOL-PERP

ARB-PERP

Equities

Equities

Equities

24% allocation

24% allocation

24%

TSLA-PERP

AAPL-PERP

NVDA-PERP

SPX-PERP

Commodities

Commodities

Commodities

14% allocation

14% allocation

14%

GOLD-PERP

OIL-PERP

SILVER-PERP

WHEAT-PERP

No one trader takes the full hit
Finally. Fair auto-deleveraging.

No one trader takes the full hit Finally. Fair auto-deleveraging.

Liquidation Triggered

Liquidation Triggered

Liquidation Triggered

A position falls below maintenance margin and is liquidated by the engine.

A position falls below maintenance margin and is liquidated by the engine.

Insurance Fund First

Insurance Fund First

Insurance Fund First

The protocol draws from the insurance fund to cover the deficit if possible.

The protocol draws from the insurance fund to cover the deficit if possible.

ADL Distributed

ADL Distributed

ADL Distributed

Any remaining losses are socialized proportionally across counterparties on a pro-rata basis

Any remaining losses are socialized proportionally across counterparties on a pro-rata basis

Live ADL simulation

Liquidation Event

Long

92%

Trader A

$240k

$48k

74%

Trader B

$180k

$31k

51%

Trader C

$95k

$12k

28%

Trader D

$60k

$5k

Short

88%

Trader W

$210k

-$38k

67%

Trader X

$140k

-$22k

44%

Trader Y

$88k

-$9k

19%

Trader Z

$42k

-$3k

Proportional

by position size

Socialized

losses fairly

On-chain

transparent and deterministic

Live ADL simulation

Liquidation Event

Long

92%

T..

$240k

$48k

74%

T..

$180k

$31k

51%

T..

$95k

$12k

28%

T..

$60k

$5k

Short

88%

T..

$210k

-$38k

67%

T..

$140k

-$22k

44%

T..

$88k

-$9k

19%

T..

$42k

-$3k

Proportional

by position size

Socialized

losses fairly

On-chain

transparent and deterministic

Built for

algo traders

Built for

algo traders

Built for algo traders

Agent authorization lets you create scoped API keys under your master account. Build strategies, run market-makers, or delegate to third-party bots — all with permission boundaries you control.

Test now

Agent SDK — Coming Soon

MT-CLI MARGIN.TRADE

$ mt-cli auth --key <agent_key>

GPRC + REST

API transport

Scoped keys

Pre-agent auth

Instant revoke

Access control

~400ms

~400ms

Sub-second block finality on Solana. Positions open and close in real time, no waiting for confirmations.

Sub-second block finality on Solana. Positions open and close in real time, no waiting for confirmations.

Cross-Margin

Cross-Margin

One account backs all positions across crypto, equities, and commodities simultaneously.

One account backs all positions across crypto, equities, and commodities simultaneously.

24/7 Markets

24/7 Markets

Trade equities and commodities as perpetuals around the clock. Money never sleeps.

Trade equities and commodities as perpetuals around the clock. Money never sleeps.

Money never sleeps

Money never sleeps

Start trading

The unified margin layer for crypto, equities, and commodities — live on Solana.

Product

Docs

Launch testnet

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