# Aark Digital The Leverage-Everything Perpetual DEX. Powered by **deep liquidity, cross-chain compatibility, and cost-efficient execution**, Aark Digital redefines the perpetual DEX landscape with innovations including: * **1000x Leverage** – High-leverage in par with traditional finance fx trading. * **Gasless Transactions** – Eliminating unnecessary operational costs. * **Reflective Market Maker (RMM) System** – Ensuring deep liquidity and minimal slippage. * **fUSDC Utility** – Reducing trading fees and maximizing rewards. Aark Digital isn't just another DEX—it's the future of decentralized perpetual trading. *** ### **Key Features of Aark Digital** Aark Digital introduces a suite of **advanced trading features**, ensuring a **frictionless, high-speed, and deeply liquid** trading experience. #### **1. Deep Liquidity with Reflective Market Maker (RMM)** * Aark Digital **mirrors liquidity** from **Binance and Orderly Network**, ensuring **CEX-level depth** in a decentralized setting. * The **RMM system enhances trade execution**, reducing **slippage and price impact**, even for **large-volume orders**. #### **2. 1000x Trading: Extreme Leverage with Isolated Margin** * **1000x Trading Mode** enables traders to **amplify their positions**, taking advantage of **high-stakes opportunities**. * Uses **Isolated Margin**, ensuring **each position is separate**, preventing **account-wide liquidation risks**. #### **3. Cross-Chain Compatibility** * Aark Digital is **integrated with ****Orderly Network****’s omnichain infrastructure**, allowing users to trade seamlessly across: * **Ethereum (EVM-compatible)** * **Solana** * **NEAR** * **Polygon** * **Other supported blockchains** * **No need for bridging or asset migration**—traders execute orders across chains **directly from Aark Digital’s platform**. #### **4. Gas-Free Transactions** * **Zero gas fees** for trading, powered by **Orderly Network’s off-chain execution model**. * Reduces **costs for high-frequency traders**, allowing **frictionless order management**. #### **5. fUSDC: Cost-Saving Trading Voucher** * **fUSDC is a platform-native utility token** used to **offset trading fees**. * Traders can use fUSDC to **cover up to 50% of their fees**, enhancing **cost efficiency**. * Earned through **community engagement, trading activity, and VIP rewards**. #### **6. VIP Program: Rewarding High-Volume Traders** * Traders are automatically enrolled in the **VIP Program**, earning **rebates on trading losses** based on monthly trading volume. * **Higher VIP levels** unlock **premium benefits**, including **cashback incentives and exclusive rewards**. #### **7. Perpetual Trading with Advanced Orderbook** * Aark Digital’s **Perpetual Mode** offers a **Centralized Limit Order Book (CLOB) experience** in a **fully decentralized setting**. * **Supports both limit and market orders**, with **low-latency matching** for precision trading. *** ### **How Aark Digital Stands Out**
FeatureAark DigitalTraditional Perp DEXs
LiquidityMirrors Binance & Orderly liquidity Lower depth
LeverageUp to 1000x leverage with Isolated MarginLower leverage options
Gas FeesZero gas fees for tradesGas fees for every tx
Cross-ChainSupports EVM, Solana, and moreLimited to single-chain
Trading Pairs100+ trading pairs, emerging assetsFewer assets
VIP ProgramRebates on losses for high-volume tradersNo structured rewards for large traders
Aark Digital **combines the best of CEX and DeFi** to create a **scalable, cost-efficient, and user-friendly perpetual trading platform**. *** ### **Why Trade on Aark Digital?** * **Trade Without Limits** – Up to **1000x leverage** with **deep liquidity and low slippage**. * **Seamless Execution** – **No bridging or asset migrations**—cross-chain trading happens **natively**. * **Gas-Free Trading** – **Zero gas fees** ensure traders **maximize profits**. * **CEX-Level Efficiency, DeFi Security** – Enjoy **centralized liquidity depth** with the **transparency of DeFi**. Aark Digital is **pushing the boundaries of decentralized trading**, providing traders with the **speed, depth, and flexibility needed to compete in today’s markets**. *** {% hint style="success" %} ### Summary **Aark Digital is a decentralized perpetual DEX** offering **CEX-level liquidity, 1000x leverage, and cross-chain compatibility**. **Key innovations include:** * **Reflective Market Maker (RMM)** – **Mirrors Binance & Orderly liquidity** for **seamless execution**. * **1000x Trading Mode** – **Extreme leverage with Isolated Margin risk management**. * **Gas-Free Transactions** – **Zero gas fees for trades** via **off-chain execution**. * **fUSDC Utility Token** – **Reduces trading fees by up to 50%**. * **Cross-Chain Compatibility** – **Trade across multiple blockchains without bridging**. * **VIP Program** – **Earn rebates on trading losses & exclusive perks**. {% endhint %} # Integration Docs 👈 **Aark White-Label is a white-label perpetual derivatives engine that enables anyone to embed high-leverage trading directly into their product.** For reference, please see [Rocket Perps by defiapp](https://app.defi.app/rocket), covered in detail by [Tiger Research](https://reports.tiger-research.com/p/defi-app-between-robinhood-and-defi-eng). Partners integrate Aark’s backend (execution, settlement, and risk management) while retaining full control of their frontend, branding, and user relationships. The result is a plug-and-play infrastructure layer that turns any consumer app into a leveraged trading venue. *** **Integration Options** There are two ways to integrate Aark White-Label, depending on how much you want to run yourself: * **Full Licensing** — Complete engine access for advanced partners who want to operate the full white-label stack (execution, settlement, risk, and oracle infrastructure). The engine and its capabilities are described in the sections below; scope and terms are arranged directly with the Aark team. * **API Integration** — You build and operate your own frontend/UI and connect to Aark’s backend (REST + WebSocket) with signed on-chain orders — the self-serve path. See **Get Started — Aark 1000x Integration Guide** below to start building. *** **How It Works** Aark White-Label operates as a modular backend that partners embed into their existing products. **What Aark provides:** * Execution engine with support for up to 1000x leverage * Zero-liquidity architecture: no LP pools required, minimal capital exposure * Interval-based settlement that structurally prevents bad debt * Oracle infrastructure mirroring CEX-grade price feeds * Smart contract security (audited by Pashov) * Ongoing maintenance, monitoring, and technical support **What the partner provides:** * Frontend and user interface * Branding and product positioning * User acquisition, community, and distribution **Revenue model:** * Fee profit split *** **Key Features** **1. Up to 1000x Leverage** Despite traditional finance’s FX trading leverage reaching up to 5000x, the industry ceiling for leverage of perpetual DEXs sits at 125x because no continuous settlement system can reliably liquidate within the margin window above that ratio. Aark’s Interval Settlement solves this: every 60 seconds, the engine audits all open positions and rolls back any trade that would have generated bad debt. This removes the technical ceiling on leverage entirely, enabling safe 1000x trading with zero bad debt across $100B+ in cumulative volume. **2. Zero-Liquidity Engine** Traditional perp DEXs require $10–50M in LP capital, all of which is attack surface. Aark’s engine operates with less than $30K in counterparty capital, a 99.8% reduction in capital exposure. No TVL to drain, no pool to manipulate, no directional risk to absorb. **3. Multi-Asset Coverage** One engine supports crypto perpetuals, global equities, commodities, forex, standard indexes, and custom instruments. Partners can offer their users access to any asset class without building separate infrastructure for each. *** **Live Reference: Rocket Perps by defiapp** [defiapp](https://defi.app/) is the first live deployment of Aark White-Label. One of the largest consumer-facing DeFi platforms in the space, defi.app has accumulated **$44B in cumulative trading volume** and **1.06M registered users** since launch. defi.app integrated Aark’s 1000x engine and branded it [**Rocket Perps**](https://app.defi.app/rocket), now their flagship high-leverage product. **Soft launch results (May 13–28, 2026):** * 264 traders generated over **$400M in volume** in two weeks * Trading volumes reaching **all-time highs** post-integration * Expanding into **RWA perpetuals** including SpaceX **Coverage:** Tiger Research published a detailed analysis of the integration: [Defi App: Between Robinhood and DeFi](https://reports.tiger-research.com/p/defi-app-between-robinhood-and-defi-eng) > *“Rocket Perps is a 1000x leverage perpetuals product integrated with a pixel-art arcade game interface. Built on Aark Digital’s oracle infrastructure, it enables instant position execution”* — Tiger Research This integration demonstrates the core White-Label thesis: defi.app brought 1M+ users and consumer UX. Aark brought the engine. Neither could have built the other’s product alone. *** ## **Why Aark White-Label** | | Aark White-Label | Building In-House | | -------------------- | ------------------------------ | ------------------------------ | | **Time to launch** | Weeks | 6–12 months | | **Capital required** | Minimal (zero-liquidity model) | $10–50M in LP capital | | **Bad debt risk** | Structurally prevented | Insurance fund dependent | | **Max leverage** | Up to 1000x | Industry ceiling at 125x | | **Asset coverage** | Crypto, equities, RWA, fx | Crypto only (typically) | | **Maintenance** | Handled by Aark | Full engineering team required | | **Audit** | Pre-audited infrastructure | Separate audit per deployment | *** **Traction** * **$100B+** cumulative trading volume processed through the Aark engine * **Zero** instances of bad debt across all market conditions * **32,000+** unique traders served *** ### **Get Started — Aark 1000x Integration Guide** Aark **1000x** (a.k.a. *Moon*) is a gasless perpetual-futures product (leverage up to 1000x) on **Arbitrum One** (chainId `42161`), collateralised in **USDC**. Integration has two layers: * **On-chain** — the user deposits USDC and registers a delegatee session key (*Enable Trading*). Orders are submitted with the user’s signature and executed on-chain by the Aark keeper (users never pay gas or sign per-order popups). * **Off-chain API** (`https://api.aark.digital`) — REST for market data / account state / submitting signed order requests, plus a WebSocket stream for order lifecycle events. Every write request carries the user’s `signature` header (verified on-chain at execution). The API `mode` field selects the deployment — for base Aark 1000x use **`mode: "AARK"`** (this is the default and may be omitted). #### Contract Architecture (Arbitrum One) | Contract | Address | Description | | -------------- | -------------------------------------------- | ----------------------------------------------------------- | | PriceOracle | `0x96FAaA44e45277fE6e60a9275AFce9BC42056756` | Stores the off-chain index price used on open/close | | FeedVerifier | `0x855f4996D165B8EAb825598631947086De532AEa` | Verifies the price publisher’s signature on the index price | | OctRouter | `0xfda50Eb6C4E34E2b097F61279D346B081da4C4AD` | Gasless (OCT/1CT) entry router for 1000x orders | | MasterRouter | `0xCDF75C282C194aE161155238A0bA877d0f2Da8D2` | Direct USDC deposit / withdraw router | | FuturesManager | `0x0b848a8A5eC8950E67d19E7a21A6Be29F44F685e` | 1000x (Moon) order logic | | Vault | `0x858F0a7454462De49a135d9b63Da941eeA6f5899` | Holds LP + user deposits | | USDC | `0xaf88d065e77c8cC2239327C5EDb3A432268e5831` | Collateral token | **Market IDs:** ETH `1` · BTC `2` · SOL `3` · XRP `4` · DOGE `5` #### Authentication Model All typed-data (EIP-712) signatures use the domain `{ name: "AARK", chainId: 42161 }`. Required headers per endpoint: | Endpoint | Headers | | ---------------------- | -------------------------------------------------------------------- | | `POST /oct/delegate` | `signature` (EIP-712 Delegate) | | `POST /oct/deposit` | `signature` and `deposit-signature` (EIP-712 Deposit) | | `POST /oct/withdraw` | `signature` (EIP-712 Withdrawal) | | `POST /oct/moon/open` | `signature` (EIP-191 order) and `recaptcha-response` (see reCAPTCHA) | | `POST /oct/moon/close` | `signature` (EIP-191 close) | | `POST /oct/moon/tp` | `signature` | | `GET` (read) endpoints | none | #### Frontend Integration Recommended flow: **Enable Trading (delegate) → Deposit → Open / Close / TP → Withdraw**. Examples use `ethers` (v6) and the delegatee session key (`octPK`) held in the client. **1. Enable Trading (delegate)** ```ts export const getDelegateSignature = async (delegator, delegatee, nonce, provider) => { const domain = { name: "AARK", chainId: 42161 }; const types = { Delegate: [ { name: "delegator", type: "address" }, { name: "delegatee", type: "address" }, { name: "nonce", type: "uint256" }, ], }; return provider.getSigner()._signTypedData(domain, types, { delegator, delegatee, nonce }); }; // POST /oct/delegate // header: { signature } // body: { chainId, delegator, delegatee, nonce, mode: "AARK" } ``` **2. Gasless Deposit** `deposit-signature` is an EIP-712 signature over the Deposit struct `(payor, user, tokenAddress, amount, nonce)`. ```ts export const getDepositSignature = async (payor, user, tokenAddress, amount, nonce, provider) => { const domain = { name: "AARK", chainId: 42161 }; const types = { Deposit: [ { name: "payor", type: "address" }, { name: "user", type: "address" }, { name: "tokenAddress", type: "address" }, { name: "amount", type: "uint256" }, { name: "nonce", type: "uint256" }, ], }; return provider.getSigner()._signTypedData(domain, types, { payor, user, tokenAddress, amount, nonce }); }; // POST /oct/deposit // headers: { signature, "deposit-signature" } // body: { chainId, user, token, amount, deadline, mode: "AARK" } ``` **3. Open Position** ```ts export const getMoonOrderSignature = async ( delegator, marketId, amountIn, leverage, credit, takeProfit, isLong, nonce, octPK ) => { const hashMsg = ethers.keccak256( new ethers.AbiCoder().encode( ["address", "uint32", "uint256", "uint256", "uint256", "uint256", "bool", "uint256"], [delegator, marketId, amountIn, leverage, credit, takeProfit, isLong, nonce] ) ); const wallet = new ethers.Wallet(octPK); return wallet.signMessage(ethers.toBeArray(hashMsg)); // EIP-191 }; // POST /oct/moon/open // headers: { signature, "recaptcha-response" } // body: { chainId, user, delegatee, nonce, marketId, isLong, amountIn, leverage, credit, takeProfit, mode: "AARK" } ``` * `amountIn` = initial margin as an integer × 10^18, string. * `leverage` = e.g. `500` (no decimals). * `credit` = fUSDC used for fee, integer × 10^6, string (`"0"` if none). **reCAPTCHA (required only for `POST /oct/moon/open`)** `POST /oct/moon/open` is protected by **Google reCAPTCHA Enterprise**. A browser/frontend integration must attach a fresh token as the `recaptcha-response` header on every open request. *(Backend / server-to-server integrations skip this via partner auth — see the last section.)* No other endpoint requires reCAPTCHA. **1) Load the reCAPTCHA Enterprise script** with the Aark site key: ```html ``` > Production site key: `6LdHPmYsAAAAABliA8ARgLuSI8rlBWkZeqxXSKNP` (public; request the staging key from Aark). **2) Generate a token for the `TRADE` action** immediately before submitting the order: ```ts const SITE_KEY = "6LdHPmYsAAAAABliA8ARgLuSI8rlBWkZeqxXSKNP"; const getRecaptchaToken = (): Promise => new Promise((resolve, reject) => { window.grecaptcha.enterprise.ready(async () => { try { resolve(await window.grecaptcha.enterprise.execute(SITE_KEY, { action: "TRADE" })); } catch (e) { reject(e); } }); }); ``` **3) Send the token as the `recaptcha-response` header** alongside the order `signature`: ```ts const token = await getRecaptchaToken(); await axios.post(`${API_URL}/oct/moon/open`, body, { headers: { signature, // EIP-191 order signature "recaptcha-response": token, // reCAPTCHA Enterprise token (action: TRADE) }, }); ``` * Generate a **fresh token per order** (tokens are short-lived / single-use). * The backend validates the action is `TRADE`; a missing or invalid token is rejected. **4. Close Position** ```ts export const getMoonOrderCloseSignature = async (delegator, moonIndex, nonce, octPK) => { const hashMsg = ethers.keccak256( new ethers.AbiCoder().encode(["address", "uint32", "uint256"], [delegator, moonIndex, nonce]) ); const wallet = new ethers.Wallet(octPK); return wallet.signMessage(ethers.toBeArray(hashMsg)); }; // POST /oct/moon/close // header: { signature } // body: { chainId, user, delegatee, moonIndex, nonce, mode: "AARK" } ``` **5. Take Profit Update** ``` // POST /oct/moon/tp // header: { signature } // body: { chainId, user, delegatee, moonIndex, takeProfit, mode: "AARK" } ``` **6. Withdraw** ```ts export const getGaslessWithdrawSignature = async (tokenAddress, account, amount, provider) => { const nonce = Date.now(); const domain = { name: "AARK", chainId: 42161 }; const types = { Withdrawal: [ { name: "user", type: "address" }, { name: "recipient", type: "address" }, { name: "tokenAddress", type: "address" }, { name: "amount", type: "uint256" }, { name: "nonce", type: "uint256" }, { name: "isLP", type: "bool" }, ], }; const values = { user: account, recipient: account, tokenAddress, amount, nonce, isLP: false }; return provider.getSigner()._signTypedData(domain, types, values); }; // POST /oct/withdraw // header: { signature } // body: { chainId, user, recipient, token, amount, nonce, mode: "AARK" } ``` #### REST API **Base URL:** `https://api.aark.digital` **Read (no auth):** * `GET /moon/markets?chainId=42161&mode=AARK` — markets (marketId, symbol, indexPrice, longOI/shortOI, baseFeeRate, min/maxLeverage, takeProfitCap, isBlocked, …) * `GET /moon/positions?user={addr}&chainId=42161&mode=AARK` — open positions * `GET /moon/position?moonIndex={n}&mode=AARK` — single position * `GET /moon/trade-history?user={addr}&chainId=42161&page=1&mode=AARK` — executed trades (pnl, fees, size, leverage, …) * `GET /futures/account/balance/{userAddress}?mode=AARK` — wallet balance & margin * `GET /web3/moon-execution-fee?chainId=42161&mode=AARK` — current execution (gas) fee **Write (see Authentication Model for headers):** `POST /oct/delegate`, `/oct/deposit`, `/oct/withdraw`, `/oct/moon/open`, `/oct/moon/close`, `/oct/moon/tp`. #### WebSocket API **Base URL:** `wss://ws-api.aark.digital/ws` — receive each **open**/**close** lifecycle stage. **Subscribe:** ```json { "method": "moon.trade", "params": ["{userAddress}", 42161] } ``` **Events:** `openPositionRequestPending` → `openPositionTxPending` → `openMoonPosition`, and `closePositionRequestPending` → `closePositionTxPending` → `closeMoonPosition`. #### Server-to-Server (Partner) Authentication For **backend (server-to-server)** integrations that cannot generate a browser reCAPTCHA token. **reCAPTCHA scope** — only `POST /oct/moon/open` has the anti-bot gate; `/oct/moon/close`, `/oct/moon/tp`, `/oct/deposit`, `/oct/withdraw`, `/oct/delegate` do not. Registered partners are exempt from the gate (below); every request still carries the per-user EIP order `signature`, verified on-chain — partner auth only removes the anti-bot check. **Partner headers** (validated only when present; absent → normal reCAPTCHA path): * `x-partner-timestamp` — unix seconds, within ±300s of server time * `x-partner-signature` — EIP-191 `personal_sign` of the exact message `Aark-Partner-Auth:{timestamp}`, signed by your registered partner key The address recovered from `x-partner-signature` must match an **active** partner address registered by the Aark team. ```ts import { Wallet } from "ethers"; // v5 const partner = new Wallet(PARTNER_PRIVATE_KEY); // address pre-registered with Aark const ts = Math.floor(Date.now() / 1000).toString(); const xPartnerSignature = await partner.signMessage(`Aark-Partner-Auth:${ts}`); await fetch("https://api.aark.digital/oct/moon/open", { method: "POST", headers: { "Content-Type": "application/json", signature: userOrderSignature, // per-user EIP-191 order signature (unchanged) "x-partner-timestamp": ts, "x-partner-signature": xPartnerSignature, }, body: JSON.stringify({ chainId: 42161, user, delegatee, marketId, isLong, amountIn, leverage, credit: "0", takeProfit, nonce, mode: "AARK", }), }); ``` **Onboarding** — send your partner signing address (the public address of the key above) to the Aark team to be registered as active. **Deposit note** — `POST /oct/deposit` requires **two** headers, `signature` and `deposit-signature`; server integrations must send both. # Roadmap ## **Aark Digital Vision & 2026 Roadmap** 2025 was a year of resilience, iteration, and foundation-building. With $100B+ in cumulative volume processed, zero instances of bad debt, and the successful launch of our first white-label partner integration, the Aark engine has proven itself as production-grade infrastructure for high-leverage perpetual trading. 2026 marks the transition from protocol to platform. Our focus shifts toward strengthening the core engine, expanding settlement capabilities, and preparing the infrastructure for multi-partner scale. This roadmap reflects that direction. *** #### 1H 2026: Engine Hardening and Settlement Architecture The first half of 2026 is dedicated to reinforcing the technical foundation that powers all current and future integrations. **Interval Settlement v2** Building on the original 60-second verification cycle that enables safe 1000x leverage, v2 introduces adaptive interval timing. Settlement frequency will dynamically adjust based on real-time volatility conditions, tightening during high-impact events and relaxing during stable periods. This reduces computational overhead while maintaining the same zero-bad-debt guarantee. **Oracle Infrastructure Upgrade** The current price feed system mirrors CEX orderbooks through the Reflective Market Maker (RMM). The upgrade introduces multi-source oracle aggregation with latency-weighted scoring, improving price accuracy during periods of cross-exchange divergence. This is critical for RWA and forex instruments where single-source dependency creates settlement risk. **Risk Engine Optimization** A comprehensive refactor of the liquidation and margin calculation pipeline to support concurrent position evaluation across multiple asset classes. The current sequential processing model will be replaced with parallel risk assessment, enabling the engine to handle significantly higher throughput without degradation in settlement accuracy. **Cross-Chain Settlement Layer** Development of a chain-agnostic settlement module that allows the Aark engine to process trades across multiple L1 and L2 environments without requiring separate deployments per chain. This is the prerequisite for scaling white-label integrations across ecosystems beyond Arbitrum. *** #### 2H 2026: Platform Expansion and Instrument Diversity The second half of 2026 focuses on broadening what can be traded through the Aark engine and preparing for institutional-grade throughput. **RWA Instrument Pipeline** Expanding the asset coverage layer to support real-world asset perpetuals including global equities, commodities, and forex pairs. The infrastructure includes automated instrument onboarding, configurable leverage tiers per asset class, and compliance-ready settlement parameters for regulated asset types. **Custom Instrument Issuance Framework** A protocol-level system for constructing entirely new tradeable instruments: weighted baskets, thematic indexes, and sector composites. These instruments are designed, maintained, and rebalanced by the engine, enabling partners to offer exclusive products unavailable on any other venue. **Matching Engine Throughput Upgrade** Targeted improvements to order processing capacity, including batch execution optimization and memory-efficient position state management. The goal is to support sustained high-frequency activity across multiple concurrent partner integrations without latency spikes during peak volume periods. **Security and Audit Cadence** Following the completion of the Pashov audit for the defi.app integration, we are establishing a recurring audit cycle with quarterly reviews of all smart contract updates and engine modifications. All audit reports will be published publicly through this documentation. *** #### Ongoing: White-Label Partner Growth Throughout 2026, the primary commercial objective is to scale the number of live white-label integrations. Each integration deepens the shared liquidity network, improves execution quality for all partners, and strengthens the economic foundation of the protocol. The infrastructure work outlined above is designed specifically to support this scale, ensuring that each new partner integration does not degrade performance for existing ones, and that the engine can accommodate diverse asset types, leverage configurations, and settlement requirements across partners. *** #### Summary
PeriodFocusObjective
1H 2026Interval Settlement v2Adaptive settlement timing for efficiency and safety
Oracle Infrastructure UpgradeMulti-source aggregation for RWA and forex accuracy
Risk Engine OptimizationParallel processing for multi-asset throughput
Cross-Chain Settlement LayerChain-agnostic module for multi-ecosystem deployment
2H 2026RWA Instrument PipelineEquities, commodities, forex perpetuals
Custom Instrument IssuanceBaskets, indexes, composites as new tradeable products
Matching Engine ThroughputCapacity upgrade for concurrent partner integrations
Security Audit CadenceQuarterly recurring audits, publicly published
OngoingWhite-Label GrowthTarget: 10 live partner integrations by year-end
Aark Digital is building the settlement infrastructure for the **next generation of futures trading.** 2026 is where the engine becomes the network. # Step-By-Step Guide Don't be afraid non-degens of Web3. We are here to guide you. If this is your first time trading on Aark, just follow these steps to begin the journey! # Login (Connecting Wallet) There are two ways to log in to Aark Digital. First press "**Connect**" on the top right corner of the tool bar.
#### **1. Social Login: if you don't have a wallet, don't worry use your ****Gmail, Apple, X account**** to login!** 1. Select your social account 2. Set master password 3. New wallet (Account) made!
#### **2. Wallet Login: If you have a web3 (EVM) wallet, just connect!** 1. Select your choice of wallets 2. Connect your wallet 3. Account connected!
# Deposit After logging in, you can deposit your $USDC in order to trade and participate in all the events on Aark. There are two types off account to Deposit . * **1000x Account** * **Pepetual Account** The following instruction shows for 1000x Account, however it applies the same to the Perpetual Account. Money deposited in 1000x Account **cannot be used** to trade in the Perpetual Account.
1. Press on "**Go to Deposit**". 2. Input the Depsoit amount in **USDC.** 3. Press on "**Enable Trading**" to start trading. 4. Set up a security password to enable trading. 5. Done! # Unlock Full Trading Potential Connect to Discord When a new account is made / connected, there is a feature lock on it. In order to get the full Aark 1000x experience, we recommend that you connect your discord to your Aark account (wallet). Unlocking will allow the following: * Full trade margin up to $500 USDC. * Take Profit limit up to 500%. * Payback for loss capabilities.

Clicking Unlock Discord Benefits will lead to the official Aark Discord.

Connecting Discord will bring in these benefits: * Learn about the latested news on Aark Digital and any upcoming trading events and opportunities. * Connect with fellow Aark Traders to mingle and ask questions. * VIP Management # Receive Free fUSDC! fUSDC reduces your open fee by 50%! Now you have **connected** your **Discord** to unlock your account to its full potentional. We have a **gift** for you! We are giving away free fUSDC to our new comers!
* Click on "**Dashboard"** on the top left corner
#### Three Events to Claim fUSDC: * Welcome Event 50 $fUSDC. * Free fUSDC Event 50 $fUSDC. * Trade & Earn Event 100 $fUSDC. You basically get to start your trading experience saving $150 equivalent in USDC! *** Click the link below to learn more about fUSDC {% content-ref url="/pages/l3ElxHuhs8jw6FaAzYwN" %} [fUSDC (Fake USDC)](/about/1000x-mode/fusdc-fake-usdc) {% endcontent-ref %} # 1000x Trading With 100 $fUSDC in your account. Now it's time for you to try trading!

Select 1000x Trading

1. Pick an asset you want to trade. 2. Select or input the margin that you want to use as colleteral (Up to $500 USDC). 1. Remember it is **isolated margin**. The stop-loss is 100% of your margin. 3. Select the leverage you want to use (500x\~1000x). 4. Select the Take Profit range (100%\~500%). 1. You can customize the TP (enter manually) to a specific value after entering the position. 5. Enter a Buy (Long) or Sell (Short) by a one-click trading feature. 1. fUSDC is you've claimed previously will be automatically used to reduce the opening fee up to 50%! *** Click the link below to learn more about 1000x mode and fees {% content-ref url="/pages/SQetjDY3BFltTzXcmmXw" %} [1000x Mode](/about/1000x-mode) {% endcontent-ref %} {% content-ref url="/pages/8xb9at5vZQHPu3u8p1Zp" %} [Fee Structure](/about/1000x-mode/fee-structure) {% endcontent-ref %} # Perpetual Trading :see\_no\_evil: Coming Soon! # 1000x Mode An advanced high-leverage trading environment offering isolated margin, extreme leverage, and deep liquidity through a Reflective Market Maker (RMM) system. **1000x Mode** is Aark Digital’s **high-leverage trading environment**, offering up to **1000x leverage** with **Isolated Margin** for **precise risk control**. It provides **deep liquidity, minimal slippage, and gas-free transactions**, making it ideal for **experienced traders**. *** ### **Key Features** * **Up to 1000x Leverage** – Amplify position sizes for **maximum profit potential**. * **Isolated Margin** – Each position has **separate collateral**, preventing **account-wide liquidation**. * **1000x Mode** – **Take Profit (TP) up to 500%**, with **max gain at 400% and max loss at 100%**. * **Deep Liquidity** – Powered by **RMM, mirroring Binance & other major CEXs' orderbooks**. * **Zero Gas Fees** – **Trade without extra costs**, ensuring **higher profitability**. * **fUSDC Integration** – Offset up to **50% of open fees** with **earned fUSDC**. *** ### **How It Works** 1. **Select leverage (starting at 500x).** 2. **Set Take Profit & Stop Loss levels.** 3. **Trade with deep liquidity, tight spreads, and low slippage.** 4. **Use fUSDC to reduce trading costs.** *** ### **Who Should Use 1000x Mode?** ✔ **Experienced traders (Degens) & scalpers** – Benefit from **high leverage & gas-free execution**.\ ✘ **Beginners** – **High risk of rapid liquidation without risk management**. *** ### **Why Trade in 1000x Mode?** * **Extreme Profit Potential** – **Multiply small capital into large positions**. * **Risk Containment** – **Isolated Margin prevents liquidation from affecting other trades**. * **CEX-Level Execution** – **Deep liquidity with minimal slippage**. * **Gas-Free Trading** – **Maximize returns with no extra costs**. *** {% hint style="success" %} ### Summary **1000x leverage, Isolated Margin, and Moon Mode for extreme profit potential**. **Deep liquidity, zero gas fees, and fUSDC fee reductions**. **Ideal for advanced traders; not recommended for beginners**. {% endhint %} *** Do you want to learn how to trade on 1000x mode? Click the link below {% content-ref url="/pages/9nXp1ttxQVvcmLPl6k2X" %} [1000x Trading](/about/step-by-step-guide/1000x-trading) {% endcontent-ref %} # fUSDC (Fake USDC) A Game-Changer for Traders reducing open fees in 1000x trading by 50% ### **Introduction** The world of crypto trading is **constantly evolving**, and with it, new tools emerge to enhance the **trading experience**. One such innovation is **fUSDC**—a **platform-native asset** designed to provide traders with **greater flexibility and cost-saving benefits**. Whether you are a **high-frequency trader** or just getting started, **fUSDC helps reduce trading fees and maximize rewards**. Let’s explore what **fUSDC** is and how it can enhance your trading journey. *** ### **What is fUSDC?** **fUSDC is a utility token** within the **Aark Digital 1000x Trading Ecosystem**, used to **offset trading fees and reduce transaction costs**. Unlike traditional **USDC**, **fUSDC is earned through participation in platform activities** and serves as a **cost-reduction tool for traders**. #### **Key Features** * **Earned, Not Bought** – fUSDC is acquired through platform engagement, not external purchases. * **Reduces Trading Fees** – Users can **cover a portion of trading fees** using fUSDC. * **Enhances Trader Rewards** – Active users are rewarded with fUSDC for participation. *** ### **How to Earn fUSDC** Traders can accumulate **fUSDC** through various activities, including: * **New Wallet Connection** – Earn fUSDC by linking a **new wallet** to your account. * **Quest Achievements** – Completing **Quest Voyage levels** rewards users with fUSDC. * **Community Participation** – Engaging in **Discord events and community activities** earns fUSDC. * **VIP Level Benefits** – Higher-tier VIP users receive **regular fUSDC allocations**. By incorporating **multiple earning mechanisms**, fUSDC **incentivizes engagement** and builds a more **active and rewarding trading experience**. *** ### **Using fUSDC in Trading** One of the biggest advantages of **fUSDC** is its ability to **reduce trading costs**. #### **How It Works** * When opening a **new position**, a portion of the **trading fee** is paid with fUSDC. * Instead of **deducting the full fee from USDC**, part of it is **covered using fUSDC**. * This **lowers upfront costs** while maintaining **smooth trade execution**. #### **Example: Fee Reduction** * Standard **opening fee**: **0.01%** of the trade size. * With **fUSDC balance**, traders may only pay **0.005% in actual USDC**, with the remaining fee **covered by fUSDC**. That is **50% of the total fee.** Over time, this **compounds into significant cost savings**, making trading **more efficient and rewarding**. *** ### **Tracking Your fUSDC** To ensure **full transparency and usability**, traders can monitor their **fUSDC activity** through multiple tracking tools: * **Detailed Fee Breakdown** – Shows how much **USDC vs. fUSDC** was used in trades. * **Real-Time Balance Updates** – Displays current **fUSDC balance and earnings**. * **Transaction History** – Logs all **earned and spent fUSDC transactions**. These tracking features provide **complete clarity** on how **fUSDC is earned and utilized**. *** ### **Platform Enhancements for fUSDC** To ensure **seamless integration**, the platform has implemented several **backend improvements** for **fUSDC management**: * **Database Expansion** – Tracks fUSDC separately for **accurate usage reporting**. * **Scalability** – Built to support **future updates**, including **expiration mechanisms**. * **Automated Fee Calculations** – Ensures that **position openings** accurately apply fUSDC discounts. * **Smart Contract Integration** – Every fUSDC usage is **recorded on-chain** for transparency. * **Earning Caps** – A limit on **fUSDC accumulation** prevents system exploitation. * **Dynamic Fee Adjustments** – The percentage of **fees payable via fUSDC** can **adjust dynamically** over time. These improvements guarantee that **fUSDC remains an efficient and scalable trading solution**. *** ### **User Experience Enhancements** To make **fUSDC more accessible and user-friendly**, several **UX improvements** have been implemented: * **Balance Display** – Users can view their **fUSDC balance** alongside **regular USDC holdings**. * **Dashboard Integration** – The **main dashboard** highlights fUSDC usability. * **Alert System** – **Notifications inform** users of **fUSDC earnings, spending, and updates**. * **Earning Limits Notification** – Alerts notify users when they **reach the fUSDC cap**. * **Order Fee Transparency** – Before confirming a trade, users see **exactly how much fUSDC** will be used. * **Trade History Records** – Provides a **breakdown of past trades**, showing **fUSDC utilization**. These **enhancements** ensure that traders **fully understand and maximize** their **fUSDC benefits**. *** ### **Why fUSDC Matters** The introduction of **fUSDC represents a shift toward cost-efficient trading**. By **reducing fees, rewarding engagement, and enhancing transparency**, fUSDC provides traders with **greater control over their trading costs**. Whether you're: * A **casual trader** looking to reduce expenses. * A **high-volume trader** maximizing profitability. * A **community-driven participant** earning rewards. **fUSDC offers an advantage**, making trading **cheaper, smarter, and more rewarding**. *** {% hint style="success" %} ### Summary **What It Means:** **fUSDC offsets trading fees**, making transactions **cheaper and more efficient**. **How It Works:** Traders earn **fUSDC through community participation and platform activities**, using it to **reduce trading costs**. **Why It Matters:** By **lowering fees and increasing engagement**, **fUSDC enhances trader profitability and platform participation**. {% endhint %} **Start using fUSDC today and unlock a new level of efficiency in your trading!** Want to learn about the free opportunity to recieve up to $150 worth fUSDC? Click the link below. {% content-ref url="/pages/PyE5lVq0vg1TJ7BXmhok" %} [Receive Free fUSDC!](/about/step-by-step-guide/receive-free-fusdc) {% endcontent-ref %} # Fee Structure Our fee structure is designed to keep costs low and rewards high, giving you the edge in every trade. ### **Introduction** **Trade with Confidence, Pay Smart**\ Our **fee structure** is designed to **maximize rewards while keeping costs low**, ensuring traders **maintain profitability** with **transparent and predictable trading fees**. *** ### **What to Expect** 1. **Open Fee** * A **flat 0.01% fee** applies when **opening a position**. * Utilizing our **fUSDC** open fee is **reduced by 50%** resulting in **0.005% fee.** * [**(More about fUSDC)**](/about/1000x-mode/fusdc-fake-usdc) * This minimal cost ensures traders can **enter positions easily without high overhead costs**. 2. **Execution Fee** * A flat $0.6 execution fee will be applied to open a position. 3. **Close Fee** * A close fee is applied **only on positive PnL** using **a dynamic fee model**. * So, if the trade results in **a loss, no close fee is charged**. * The fee rate starts at 60% and linearly decreases to 20% over 30 seconds based on the position holding duration. * Closed immediately: 60% * Closed after 30 seconds or more: 20% 4. **Liquidity Fee** * **0.01%-0.02% of Volume in fee when position gets liquidated** based on leverage and MMR. *** ### **Example: Close Fee in Action** #### **Amy’s Win** * Amy opens a trade 1000x leverage trade with **$500** in margin. * She closes the position with a **$500 profit after 30 seconds**. * **Close Fee Calculation: $500 x 20% = $100** * Amy’s net profit after the close fee is **$400**. #### **Bob’s Loss** * Bob opens a trade 1000x leverage trade with **$500** in margin. * He closes the position with a **-$100 loss**. * Since Bob **did not generate a profit**, the **Close Fee is $0**. *** ### **Why This Matters** * **Fair & Transparent** – Traders only pay a close fee when **profitable**. * **Low Entry Costs** – The **0.01% open fee** allows traders to **enter positions with minimal cost**. * **Risk-Based Adjustments** – The **liquidity penalty** varies **based on leverage**, encouraging responsible trading. *** {% hint style="success" %} ### Summary **Open Fee:** **0.01% per position**. * Open fee gets **reduced** to **0.005%** per position using **fUSDC.** **Close Fee:** **20% of positive PnL** (**$0 for losing trades**). **Liquidity Penalty:** **0.01%-0.02%, based on leverage and MMR**. {% endhint %} # Listing Event Fee Structure #### **Overview** Aark's **Listing Events,** special trading windows for **newly listed, higher-volatility pairs**.\ Because these pairs can move faster and wider than normal markets, we apply a different open fee during the event period to support additional **operational overhead** and **risk management** required for high leverage trading. *** #### **Listing Event Open Fee** For **Listing Event pairs**, the **Open Fee** is: * **Open Fee (Listing Event pairs): 0.04%** per position * This is **comparable to Hyperliquid’s perp taker fee range** (often shown around \~0.045% at the base tier, with lower tiers reaching \~0.04% depending on volume/tiers). * This fee is applied when opening a position on eligible Listing Event markets. *** #### **fUSDC Discount Still Applies** Don’t forget: **fUSDC reduces the open fee by 50%**. * **Effective Open Fee with fUSDC (Listing Event pairs): 0.02%**\ Using fUSDC helps lower your real-cost entry fees, keeping high-volatility opportunities more cost-efficient. (See the **fUSDC** page for details.) *** #### **Other Fees** Unless explicitly stated on the event card, **all other fees follow the standard fee structure**: * **Execution Fee:** A flat **$0.6** execution fee is applied to open a position. * **Close Fee:** **20% of positive PnL** is applied only when closing a profitable trade.\ If the trade results in a loss, **no close fee** is charged. * **Liquidity Penalty (Liquidation Fee):** **0.01%–0.02% of volume**, based on leverage and MMR, when a position gets liquidated. *** #### **Example: Listing Event Open Fee in Action** **Scenario:** $100,000 position opened on a Listing Event pair. * **Standard Listing Event Open Fee (0.04%)** → **$40** * **With fUSDC (50% reduction)** → **$20 effective open fee** *** {% hint style="success" %} #### Summary * **Listing Event Open Fee:** **0.04%** per position * **Listing Event Open Fee with fUSDC:** **0.02% effective** (50% reduction) * **Execution Fee:** **$0.6** to open a position * **Close Fee:** **20% of positive PnL** ($0 for losing trades) * **Liquidity Penalty:** **0.01%–0.02%**, based on leverage and MMR i {% endhint %} # 1000x Mode Policy ### **Introduction** **Go Big or Go Home—Moon Mode Awaits**\ For traders seeking **extreme leverage and high-reward opportunities**, **1000x Mode (Moon Mode)** offers **unparalleled market exposure** with **up to 500x leverage**, allowing traders to **maximize profits while managing risk through structured limits**. *** ### **What to Expect** 1. **Minimum Leverage** * **1000x Mode starts at 500x leverage**, providing **high-stakes trading potential**. * Future plans include **additional leverage markets** for greater flexibility. 2. **Take Profit Limits** * Traders can set **Take Profit (TP) levels** anywhere between **0% and 500%**. * **Max TP varies by trading pair**, with some capping lower, while others allow for **higher upside potential**. 3. **Risk and Reward Caps** * **Maximum Loss:** **100%** (your isolated collateral per trade). * **Maximum Gain:** **+400%** profit cap per trade. * This balance ensures **extreme profit potential** while **limiting exposure to excessive risk**. 4. **Deposit Rules** * **Only USDC** is accepted as **margin collateral**—no exceptions. * This ensures **stable, low-volatility collateral management**. 5. **Extras** * **No Token Mining or Referral Programs** in **Moon Mode**. * The focus is **pure high-leverage trading**, with **no external incentives**. *** ### **Details to Know** * **500x leverage amplifies every price movement**, making it a **high-stakes strategy**. * The **500% Take Profit cap (pair-dependent)** enables traders to **lock in significant gains**. * More **leverage tiers** will be introduced **soon** to expand trading options. * **USDC-only margin requirement** keeps **risk and settlement processes efficient**. *** ### **Why This Matters** * **High Leverage, High Reward** – **500x+ leverage** creates **massive upside potential** for experienced traders. * **Defined Risk Management** – With **profit caps and structured TP settings**, traders can optimize risk-to-reward ratios. * **Streamlined Trading** – A **USDC-only model** ensures **consistent pricing, liquidity, and stability**. * **Future-Proof** – More **leverage markets** are planned, increasing **flexibility and opportunity**. *** {% hint style="success" %} ### Summary **Minimum Leverage:** **500x**, with more leverage options coming soon. **Take Profit Limits:** **0%-500%**, varying by **trading pair**. **Max Loss:** **-100%**, **Max Gain:** **+400%**. **Deposit Rules:** **USDC-only margin**, no **Token Mining or Referral Programs**. {% endhint %} # Key Structure ## Margin Mode: Isolated Margin **1000x Trading exclusively uses Isolated Margin**, meaning each position is backed by **its own dedicated collateral**, independent from other trades. This structure ensures **segregated risk management**, where the **liquidation of one position does not impact others**. Unlike **Cross Margin**, where **collateral is shared** across multiple positions (as seen in **Perpetual Trading**), **Isolated Margin** allows traders to control risk on a **position-by-position basis**, making it ideal for **high-leverage strategies**. {% hint style="warning" %} Cross Margin only applies to Perpetual Trading not 1000x Mode {% endhint %} *** ### **How It Works** * Each **trade has a separate margin allocation**. * **Liquidation occurs independently** per position—preventing account-wide risk exposure. * Traders can **allocate risk per position**, optimizing capital deployment. #### **Key Advantages** * **Risk Containment** – If one position is liquidated, **it does not affect other open trades**. * **Precision in Capital Allocation** – Each trade is isolated, allowing for **more granular risk management**. * **Ideal for High-Leverage Trading** – Ensures **safety** even when using **1000x leverage**. *** ## High Leverage: Risk and Reward 1000x Trading takes leverage to the extreme, offering up to **1000x amplification**. #### **What This Means** * **Small collateral controls massive positions**. * **Tiny price swings** can yield **huge profits** or result in **total liquidation**. * **Example:** A **0.05% price swing at 1000x leverage** can turn **$100 into $500** or **wipe it out completely**. #### **Why It Matters** * **Higher reward potential** for experienced traders. * **Requires disciplined risk management** due to increased volatility. * **Optimized for strategic trading**, rather than casual speculation. *** ## Reflective Market Maker (RMM): Liquidity and Depth ### **Deep Liquidity for High-Leverage Trading** Our **Reflective Market Maker (RMM)** system **synchronizes liquidity with leading exchanges like Binance and other major CEXs**, ensuring **seamless trade execution**. #### **Key Features** **1. Depth Factor** * **1000x Trading mirrors Binance and other major CEX’s liquidity depth**, reducing **price slippage on large trades**. * Our **Depth Factor is exceptionally high**, providing a **CEX-level trading experience** in a decentralized setting. **2. Price Impact** * Large orders **barely affect market pricing** due to deep liquidity. * **Spreads remain tight** and **execution is more predictable**. #### **Why This Matters** * **1000x Trading provides deep liquidity**, even at extreme leverage. * **Traders benefit from lower slippage**, ensuring that **large trades do not drastically move the market**. * **This bridges the gap between centralized efficiency and decentralized transparency**. *** {% hint style="success" %} ### Summary **Margin Mode:** **Isolated Margin ensures each position is independent**, preventing account-wide liquidation risks. **High Leverage:** **1000x amplification** means **small price swings can result in large profits or losses**. **Liquidity & Depth:** **RMM synchronizes with Binance and other major CEXs**, ensuring **CEX-level liquidity** in a **decentralized environment**. {% endhint %} # VIP System ### **Unlock Elite Trading Rewards with VIP Status** The **VIP Program** is designed for high-volume traders who actively engage in **1000x Trading**. This tiered system provides **rebates on losses** based on monthly trading volume, rewarding traders with cashback incentives and exclusive perks. *** ### **How It Works** The VIP Program calculates a trader’s **total monthly trading volume** and assigns a **VIP Level** accordingly. The higher the trading volume, the greater the **loss rebate percentage** and additional rewards. Levels range from **1 to 5**, each offering increased benefits, making **high-frequency trading more profitable**. *** ### **VIP Levels and Perks** Your **VIP status** is determined based on your **monthly trading volume**, calculated in USD across all **1000x Trading** transactions.
VIP LevelMonthly Trading Volume (USD)Rebate on LossesAdditional Rewards
Level 1$1,000,000 - $9,999,99910%-
Level 2$10,000,000 - $99,999,99911%-
Level 3$100,000,000 - $999,999,99912%-
Level 4$1,000,000,000 - $1,999,999,99913%VIP Exclusive Benefits (Details on VIP Page)
Level 5$2,000,000,000+14%Premium VIP Rewards (Details on VIP Page)
* **Rebates** are **credited automatically** at the end of each month in **USDC**. * Additional **VIP-exclusive perks** (available from Level 4+) include: * **Aark MD Access** * **Exclusive Trading Rewards** * **Flight Tickets & Luxury Perks** For full details on **Level 4 and 5 rewards**, refer to the **VIP page**. *** ### **Why Join the VIP Program?** 1. **Loss Protection** * Receive **up to 14%** back on losses every month. * The higher your trading volume, the greater your **cashback incentives**. 2. **No Extra Steps** * **VIP status is tracked automatically** based on trading volume. * Once you meet a threshold, you are **automatically upgraded**. 3. **High-Volume Edge** * Tailored for **1000x Trading** with extreme leverage. * Provides **better cost-efficiency and trading sustainability**. *** {% hint style="success" %} ### Summary * **VIP levels** are based on **last month’s trading volume** ($1M to $2B+). * **Rebates on losses** range from **10% (Level 1) to 14% (Level 5)**. * **Rewards are auto-tracked** and paid in **USDC monthly**. * **Higher VIP levels unlock exclusive benefits and premium perks**. {% endhint %} For more details, visit the **VIP page**. # Perpetual Mode Powered by Orderly Network **Perpetual Trading Mode** is Aark Digital’s **decentralized perpetual futures market**, offering **deep liquidity, cross-chain compatibility, and advanced order execution**. Built on **Orderly Network’s infrastructure**, it delivers **CEX-level orderbook trading** with **trustless execution and full user control**. *** ### **Key Features** * **Centralized Limit Order Book (CLOB)** – **Limit & market orders** with **low-latency matching**. * **Cross-Chain Liquidity** – Seamless **trading across multiple blockchains** (Ethereum, Solana, NEAR, Polygon). * **Up to 50x Leverage** – **Manage risk & maximize exposure**. * **Deep Liquidity** – **RMM system mirrors Orderly’s orderbooks** for **tight spreads & minimal slippage**. * **Gas-Free Transactions** – **Trade without additional costs**, improving profitability. * **100+ Trading Pairs** – **Major assets (BTC, ETH) & emerging tokens**. *** ### **How It Works** 1. **Choose a trading pair from 100+ available options.** 2. **Execute market or limit orders using CLOB.** 3. **Trade with up to 50x leverage across multiple blockchains.** 4. **Access deep liquidity and reduced slippage through RMM integration.** 5. **Leverage gas-free transactions for cost-efficient trading.** *** ### **Who Should Use Perpetual Mode?** ✔ **Active traders** – Enjoy **CEX-style execution with DeFi security**.\ ✔ **Leverage traders** – Trade with **up to 50x leverage**.\ ✔ **Cross-chain users** – Seamlessly access **liquidity across multiple blockchains**. ✘ **Casual investors** – Perpetual trading involves **higher risk** compared to spot trading. *** ### **Why Trade in Perpetual Mode?** * **Seamless Cross-Chain Trading** – **No bridging needed**, assets remain **on their native chain**. * **CEX-Level Execution in DeFi** – **Fast, precise, & transparent order matching**. * **Cost-Efficient & Gas-Free** – **Maximize profits with lower trading costs**. * **Diverse Market Access** – **100+ trading pairs, deep liquidity, and high flexibility**. *** {% hint style="success" %} ### Summary **Decentralized Perpetual Futures Market** with **CEX-like execution**. **100+ trading pairs, 50x leverage, and cross-chain liquidity**. **Gas-free, deep liquidity, and RMM-powered orderbook trading**. **Ideal for active & leveraged traders, not recommended for casual investors.** {% endhint %} # Orderly Network & Key Features Here’s what Perpetual Mode brings to the table through our Orderly Network integration. Our integration with Orderly Network under **Perpetual Mode** transforms the trading experience on our protocol, delivering a suite of powerful features designed to meet the demands of both retail and professional traders. By combining Orderly’s omnichain infrastructure with our innovative approach, we’re setting a new benchmark for decentralized perpetual futures trading. Below, we dive into the core features that make this mode a game-changer, including how our protocol leverages cutting-edge technology to maximize liquidity and trading precision. ### Why Orderly Network? Our decision to integrate with Orderly wasn’t taken lightly. After evaluating multiple liquidity solutions, Orderly stood out for its: * **Omnichain Liquidity:** Access to a unified liquidity pool across major blockchains, ensuring our users can trade with minimal slippage. * **High-Performance Orderbook Trading:** Institutional-grade infrastructure supporting up to 50x leverage and over 100 trading pairs. * **Ease of Integration:** A battle-tested SDK that streamlined our development process, saving hundreds of hours. * **Proven Scale:** Over $80 billion in cumulative trading volume and partnerships with 30+ leading DEXs as of March 2025. This integration aligns with our mission to deliver a seamless, high-performance trading platform while pushing the boundaries of what’s possible in DeFi. # High Liquidity ### **Introduction** Liquidity is the **foundation of efficient trading**, and **Perpetual Mode** ensures **deep liquidity** through our integration with **Orderly Network**. By leveraging **omnichain liquidity aggregation**, traders on our protocol gain access to **highly liquid orderbooks** with minimal slippage, even during **volatile market conditions**. *** ### **How It Works** Orderly Network aggregates **liquidity from multiple blockchains.** This liquidity is **combined into a single, shared orderbook**, ensuring: * **Efficient trade execution** * **Minimal price impact** * **Robust liquidity across multiple networks** Additionally, our protocol employs a **Reflective Market Maker (RMM) model**, which **mirrors orderbooks** from **Orderly Network**. *** ### **RMM Liquidity Mechanism** 1. **Mirrored Orderbooks** * **Perpetual Mode**: Liquidity is synchronized with **Orderly Network**, ensuring consistency across trading pairs. 2. **Dual-Aggregation Model** * By combining **Orderly’s omnichain liquidity** with **RMM mirroring**, our platform offers: * **Reduced slippage** even for large orders. * **Tighter spreads** for more cost-efficient trades. * **Seamless execution** for both small and institutional-sized trades. *** ### **Why This Matters** Traders benefit from: * **Better Pricing** – High liquidity ensures tight spreads and optimal entry/exit points. * **Reliable Order Execution** – Large trades are executed with minimal price deviation. * **Centralized-Level Depth in DeFi** – Experience CEX-like liquidity in a fully decentralized trading environment. This **deep liquidity infrastructure** bridges the gap between **centralized efficiency and decentralized transparency**, making our platform **ideal for both retail and institutional traders**. *** {% hint style="success" %} ### Summary **What It Means:** Traders gain access to **deep liquidity pools** sourced from **Orderly’s omnichain network**, reducing price impact and ensuring **efficient trade execution**. **How It Works:** Orderly aggregates liquidity from **multiple chains** into a **shared orderbook**, allowing **seamless cross-chain trading**. **Why It Matters:** **High liquidity ensures better pricing, minimal slippage, and an improved trading experience**, particularly for **large orders and volatile market conditions**. {% endhint %} # Orderbook Trading ### **Introduction** Perpetual Mode delivers a **Centralized Limit Order Book (CLOB) experience** within a **fully decentralized framework**, leveraging **Orderly Network’s advanced infrastructure**. Unlike traditional **AMM-based DEX trading**, our **orderbook supports both limit and market orders**, enabling **low-latency matching, precise trade execution, and deep liquidity**. By integrating **CEX-level order execution** with the **trustlessness of DeFi**, traders can access **high-leverage trading (up to 50x)** while maintaining full control over their orders. *** ### **How It Works** Our orderbook infrastructure is **powered by Orderly Network**, enabling: * **Limit and Market Orders** – Traders can execute orders with **granular precision**. * **Low-Latency Matching** – Order execution happens in real-time, **mirroring the efficiency of CEXs**. * **50x Leverage Support** – Traders can amplify their positions while maintaining strict risk controls. Additionally, our **Reflective Market Maker (RMM) system** enhances orderbook liquidity by: * **Copying and settling orders** from **Orderly’s orderbooks**. * **Ensuring real-time market synchronization**, reflecting industry-leading orderbook depth. * **Reducing slippage** by mirroring the liquidity depth of centralized exchanges. This hybrid **CEX-like orderbook approach** ensures that our **Perpetual Mode orderbook remains deep, responsive, and reliable**. *** ### **Why This Matters** * **CEX-Level Trading in DeFi** – Traders enjoy the precision and liquidity of centralized exchanges without **sacrificing decentralization**. * **Fast, Efficient Execution** – The **low-latency matching engine** ensures minimal delays, even in **volatile market conditions**. * **Flexible Trading Strategies** – The **combination of limit and market orders** allows for greater **trading flexibility and control**. For **CEX-native traders**, **Perpetual Mode feels familiar**, while maintaining **censorship resistance, decentralization, and full user sovereignty**. *** {% hint style="success" %} ### Summary **What It Means:** A **Centralized Limit Order Book (CLOB) experience** in a **decentralized environment**, offering **precision and control** over trades. **How It Works:** **Orderly Network** powers our **low-latency orderbook**, supporting **limit and market orders with up to 50x leverage**. **Why It Matters:** Traders get the **best of both worlds**—**CEX-level execution with DeFi transparency and security**. {% endhint %} # Cross-Chain Compatibility ### **Introduction** One of the most powerful features of **Perpetual Mode** is its **seamless cross-chain trading capability**, made possible by **Orderly’s omnichain infrastructure**. This enables traders to access **liquidity from multiple blockchains** without the need for **bridging assets or switching platforms**. By integrating **cross-chain liquidity aggregation**, Perpetual Mode simplifies the trading process, offering **a unified interface for multiple blockchain ecosystems**. *** ### **How It Works** Orderly’s omnichain infrastructure allows traders to: * **Execute trades across multiple blockchains.** * **Access liquidity without bridging** – Your assets remain **on their native chain**, while liquidity is pulled in **on demand**. * **Trade via a unified interface** – No need to manage **multiple wallets** or perform **complex asset migrations**. This cross-chain design is a **natural fit** with our **Reflective Market Maker (RMM) model**, which: * Aggregates liquidity from Orderly’s diverse network. * Maintains consistency with mirrored orderbooks from Binance and Orderly. * Ensures deep liquidity and low slippage across all supported chains. *** ### **Why This Matters** * **Eliminates Fragmentation** – Traders no longer have to navigate **disconnected DeFi ecosystems**. * **Reduces Costs** – No more **high bridging fees or asset migrations**. * **Increases Accessibility** – Trade seamlessly across **multiple chains from a single platform**. * **Enhances Liquidity** – **Unified orderbooks** ensure traders always have access to **deep liquidity**, reducing slippage and improving execution. * **Improves User Experience** – A single, streamlined interface simplifies **cross-chain trading**, removing technical barriers and enhancing efficiency. *** {% hint style="success" %} ### Summary **What It Means:** Traders can access **cross-chain liquidity** without needing to bridge assets or switch platforms. **How It Works:** Orderly’s omnichain design **aggregates liquidity from multiple blockchains** into a single orderbook. **Why It Matters:** **Seamless, cost-efficient, and liquid trading**, with a **unified DeFi experience across multiple networks**. {% endhint %} # Gass-Free Transaction & Fees ### **Introduction** Trading costs can significantly impact **profitability**, especially for **high-frequency traders** and those using **leverage**. The requirement to spend **ETH or other gas fees** on every order adjustment adds unnecessary friction to the trading experience. To eliminate this issue, **Aark offers gas-free transactions**, made possible through **Orderly Network’s off-chain transaction processing**. This means traders can execute **zero-gas trades**, enhancing cost efficiency while maintaining **secure on-chain settlement**. ### **Taker & Maker Fees** We have the lowest fee structure in all perp-dex trading. **Taker Fee:** 0.045% **Maker Fee:** 0% *** ### **How It Works** Aark’s gas-free transaction model is powered by: * **Orderly Network’s Off-Chain Execution** – Transaction costs are handled **off-chain**, while settlements remain **securely on-chain**. * **Zero Gas Fees from Deposit to Execution** – No need to spend **ETH or other assets** for order adjustments. * **Cost Optimization for High-Leverage Trading** – Whether scalping with **50x leverage** or managing long-term positions, this feature keeps trading cost-effective. This **gasless infrastructure** ensures **lower trading overhead** while maintaining **fast, decentralized execution**. *** ### **Why This Matters** * **Increases Profitability** – Traders **keep more of their earnings** with **zero gas fees**. * **Enhances Accessibility** – Eliminates the need for **constant gas fee payments** when executing trades. * **Optimized for Active Traders** – **Scalpers, arbitrage traders, and high-frequency traders** benefit the most. * **Seamless Trading Experience** – No gas-related interruptions when managing **large or frequent** trading positions. By removing **gas fee barriers**, **Aark ensures a frictionless, cost-efficient trading experience**, giving traders **a competitive edge** in **high-leverage environments**. *** {% hint style="success" %} ### Summary **What It Means:** Zero gas fees for **trading**, making it **cost-effective for high-frequency traders**. **How It Works:** **Orderly Network handles transaction costs off-chain** while ensuring **on-chain settlement**, passing the savings to users. **Why It Matters:** **Lower costs mean higher profitability**, particularly for traders leveraging **50x margin**. {% endhint %} # Extensive Trading Pairs ### **Introduction** Perpetual Mode offers **access to over 100 trading pairs**, covering everything from **blue-chip assets like BTC and ETH** to **emerging DeFi tokens**. This extensive selection is made possible through **Orderly Network’s ecosystem**, which integrates a **wide range of assets directly into our platform**. By providing a diverse set of trading options, **Perpetual Mode becomes a comprehensive trading hub**, catering to **both conservative and high-risk traders**. *** ### **How It Works** Our **trading pair expansion** is driven by: * **Integration with Orderly Network**, enabling **seamless access** to a vast range of assets. * **Support for major and emerging tokens**, including: * **Blue-chip assets** – BTC, ETH, and other established cryptocurrencies. * **Growth tokens** – Fast-growing assets gaining traction in DeFi. * **Niche markets** – Specialized pairs catering to advanced trading strategies. Additionally, our **Reflective Market Maker (RMM) model** ensures: * **Liquidity depth** across all listed pairs. * **Mirrored orderbooks from Binance and Orderly**, reducing **slippage and price impact**. * **Tighter spreads and enhanced trade execution**, even for high-volume trades. *** ### **Why This Matters** * **Diverse Trading Opportunities** – More pairs mean **greater options for traders** looking to **diversify portfolios, hedge risks, or speculate on new assets**. * **Wider User Appeal** – A broad asset selection attracts **both institutional and retail traders**, strengthening our **trading ecosystem**. * **High Liquidity & Low-Cost Execution** – Deep liquidity pools ensure **efficient trade execution with minimal fees**. With **over 100 pairs available**, traders benefit from **one of the most dynamic and liquid decentralized perpetual trading experiences**. *** {% hint style="success" %} ### Summary * **What It Means:** Traders gain access to **100+ trading pairs**, spanning **major cryptocurrencies and emerging assets**. * **How It Works:** Orderly Network’s **asset integration** ensures a **diverse selection of trading pairs** within **Perpetual Mode**. * **Why It Matters:** A wider selection of assets attracts **a broader user base**, enhancing **trading efficiency, liquidity, and market appeal**. {% endhint %} # Dev-Overview ## Engineered for Performance, Scalability, and User Experience Our protocol’s backend architecture is meticulously designed to deliver a high-performance, scalable, and developer-friendly trading environment. By leveraging advanced offchain and onchain mechanisms, we ensure minimal latency, gas efficiency, and robust data integrity, catering to the needs of both traders and developers building on our platform. * **Fast Settlements:** Queue-based, offchain processing with message queues minimizes onchain delays, using batching for efficiency. * **Gasless Ops:** EIP-2612 Permit for deposits, ECDSA signatures for other actions—zero gas for users via relayers. * **RMM Pricing:** Price publishers sync CEX data, mirrored onchain with automated market-making calculations (e.g., CPMM models). * **Volatility Tools:** Real-time monitoring using metrics like standard deviation, with APIs for custom strategies. # Queue-Based Settlement A high-speed, gas-efficient order processing system using off-chain queues and batch on-chain settlement. ### Introduction Efficient trade settlement is crucial for scaling decentralized exchanges (DEXs) while maintaining cost-effectiveness. Our protocol employs a **queue-based settlement system** to optimize throughput, reduce gas fees, and ensure reliable execution under high trading volumes. This system processes orders off-chain in real-time using a distributed message queue architecture and periodically settles them on-chain in optimized batches. By leveraging this hybrid approach, sub-second settlement latencies are achieved while maintaining security and decentralization. This document outlines the mechanics, benefits, and integration methods for developers. ### How It Works Our queue-based settlement system consists of three key components: #### 1. Order Queues (Off-Chain Processing) Orders are first placed into an off-chain message queue (e.g., Apache Kafka, RabbitMQ). This system enables rapid processing and prioritization without being constrained by blockchain limitations. #### 2. Batch Processing & Validation * Orders are validated off-chain for: * **Balance sufficiency**: Ensuring users have required funds. * **Signature verification**: Confirming order authenticity. * **Order prioritization**: Based on fee incentives or time-sensitive execution. * Once validated, multiple orders are bundled together into a batch transaction. The batching process can be formalized as follows: $$ O = {o\_1, o\_2, ..., o\_n} $$ where each ( o\_i ) is processed off-chain with validation checks. These orders are then aggregated into a single on-chain transaction ( T ), executed at intervals ( \Delta t ), typically every block or every few seconds, depending on network conditions. #### 3. On-Chain Settlement Instead of submitting individual trades, the batch execution significantly reduces gas costs: $$ O(n \cdot g) \rightarrow O(g) $$ where ( g ) represents the gas cost per transaction. ### Key Benefits * **High Throughput**: Processes thousands of orders per second without on-chain congestion. * **Lower Gas Fees**: Reduces the number of individual on-chain transactions, saving costs. * **Efficient Order Execution**: Prioritizes critical trades while maintaining fair processing. * **Scalability**: Enables a high-frequency trading experience without network bottlenecks. ### Developer Integration Developers can integrate with the queue-based system using: * **RESTful APIs & WebSocket Endpoints**: Enable seamless interaction with order queues. * **SDK Support**: Simplifies implementation for algorithmic trading strategies. * **Custom Batch Timing**: Configure trade execution intervals based on market conditions. By utilizing this system, protocols can enhance trading efficiency while preserving the decentralized nature of blockchain-based settlement. # Gasless Transaction Framework A transaction execution model that eliminates gas costs by leveraging cryptographic signatures and off-chain relayers. ### Introduction To eliminate gas-related friction, our protocol implements a **gasless transaction framework**, leveraging cryptographic signatures and off-chain relayers for cost-free user interactions. This framework comprises two core components: ### 1. EIP-2612 Permit for Gasless Deposits * We adopt the **EIP-2612** standard, enabling users to sign an off-chain permit message using their private key. This permit, compliant with ERC-20 token standards, authorizes token transfers without requiring an on-chain approval transaction, reducing gas costs to zero for the user. * The signed permit is processed by off-chain relayers, which execute the deposit transaction on-chain, covering gas fees through a subsidized model. This can be expressed as: $$ gas(A) = 0 $$ The relayer verifies ( S ) using ( A )'s public key and executes the transfer. * This mechanism is particularly advantageous for **high-frequency traders**, as it minimizes entry barriers and enhances user experience. ### 2. Signature-Based Gasless Actions * For other critical operations, such as order placement and cancellations, we employ **ECDSA signature-based authentication**. Users sign an off-chain message that authorizes the transaction, which is then executed on-chain by relayers or bundled with other actions. * The **signature verification process** ensures transaction integrity, using the following function: $$ V(S, P) \rightarrow {True, False} $$ where: * ( V ) is the verification function, * ( S ) is the signature, * ( P ) is the public key. If verified, the transaction is executed, maintaining gas costs at zero for the user. * We use **ECDSA encoding** to ensure the process cannot retrieve the private key from the signed message in any way. ### Key Benefits * **Zero Gas Costs**: Users can transact without spending gas fees. * **Improved Security**: Transactions are executed only with explicit user consent. * **Enhanced User Experience**: Reduces friction, especially for high-frequency traders. * **Efficient Execution**: Relayers handle transactions without compromising decentralization. By integrating this framework, our protocol ensures seamless, gasless transactions while preserving security and decentralization. # Price Feed & RMM A hybrid off-chain and on-chain pricing system that ensures accurate, real-time market data while maintaining deep liquidity through our Reflective Market Maker (RMM) mechanism. ### Introduction Our pricing infrastructure is underpinned by a **hybrid off-chain and on-chain architecture**, combining **price publishers** with our proprietary **Reflective Market Maker (RMM)** system. This ensures accurate real-time pricing and efficient liquidity provision. 1. Price Publishers * Price publishers continuously **aggregate chart and orderbook data** from leading centralized exchanges (CEXs) such as Binance, utilizing WebSocket streams and REST APIs for low-latency data retrieval. * The collected data is **normalized and validated off-chain** to ensure consistency, with updates propagated at **sub-second intervals** to maintain alignment with global market conditions. 2. Reflective Market Maker (RMM) * The **RMM system mirrors CEX orderbooks on-chain**, leveraging aggregated data to replicate depth and pricing. This mirroring process can be described as the following mapping function: $$ M: O\_{CEX} \rightarrow O\_{Onchain} $$ where: * ( O\_{CEX} ) represents the CEX orderbook, * ( O\_{Onchain} ) is our on-chain representation. * **On-chain, RMM executes automatic market-making calculations** to adjust liquidity and depth, using algorithms such as **constant product market makers (CPMM)** or dynamic pricing models. Liquidity provision is determined by: $$ L = k \cdot P \cdot D $$ where: * ( L ) is liquidity, * ( P ) is price, * ( D ) is depth, * ( k ) is a constant determined by the mirrored orderbook. * These calculations are **implemented in smart contracts**, ensuring **transparency and trustlessness**, while **off-chain nodes handle computational load** to maintain efficiency. 3. Price Feed Generation $$ P = \sum\_{i=1}^{n} w\_i \cdot P\_i $$ where: * ( P\_i ) is the price from exchange, * ( i ), ( w\_i ) is the weight for that exchange (with ( \sum w\_i = 1 ) ), * ( n ) is the number of CEXs, $$ w\_i = F(L\_i, V\_i, C\_i) $$ where: * ( w\_i ) is the weight, * ( L\_i ) is the function of liquidity, * ( V\_i ) is the volume, * ( C\_i ) is the credibility factor. This ensures that exchanges with higher liquidity, greater trading activity, and stronger trustworthiness exert more influence on the final price, optimizing both precision and stability in dynamic market conditions. ### Key Benefits * **Real-Time Market Data**: Ensures pricing consistency with leading CEXs. * **Deep Liquidity**: Mirrors CEX orderbook depth, reducing slippage. * **Trustless Execution**: On-chain calculations ensure verifiable pricing. * **Reduced Oracle Risks**: Eliminates reliance on traditional oracles, minimizing data manipulation and downtime risks. By eliminating traditional oracle dependencies, this system provides developers with a **reliable price feed** for high-stakes trading applications. The **RMM’s on-chain execution** ensures that pricing data remains **immutable and verifiable**, enhancing trust for integrated decentralized applications. # Advanced Volatility Monitoring System A real-time volatility tracking and risk management system designed to enhance trading stability and provide actionable insights for developers. ### Introduction For trading pairs exhibiting **high volatility**, our protocol integrates an **advanced volatility monitoring system** to dynamically manage risk and improve market stability. This system continuously tracks price fluctuations and applies circuit breakers when necessary to prevent excessive market instability. ### Real-Time Volatility Tracking * The system **monitors price movements** across supported trading pairs, calculating key volatility metrics, including: * **Standard Deviation ((\sigma))** – Measures the dispersion of price changes. * **Average True Range (ATR)** – Assesses market volatility. * **Exponential Moving Average (EMA)** – Tracks price trends with recent price weightage. The standard deviation of price changes is calculated as: $$ \sigma = \sqrt{\frac{1}{N} \sum\_{i=1}^N (P\_i - \mu)^2} $$ where: * ( P\_i ) represents individual price points, * ( \mu ) is the mean price over ( N ) periods, * ( N ) is the total number of price observations. * **Off-chain computations** are utilized to ensure efficiency, preventing unnecessary on-chain congestion. * **Circuit breakers** activate in response to abnormal volatility or potential market manipulation, pausing trading to ensure fair execution. * Once volatility stabilizes and the issue is investigated, trading resumes. ### TP/SL (Take Profit/Stop Loss) Management * The system enables **dynamic risk management** by integrating **Take Profit (TP) and Stop Loss (SL) mechanisms**. * Traders can configure TP/SL triggers based on real-time volatility data, ensuring **automated risk control** even in high-fluctuation environments. ### Key Benefits * **Market Stability**: Prevents excessive price swings with automated volatility tracking. * **Risk Management**: TP/SL tools allow traders to control exposure in volatile markets. * **Efficient Computation**: Off-chain processing ensures real-time data handling without blockchain congestion. * **Enhanced Trading Experience**: Circuit breakers provide protection against market manipulation. This **volatility monitoring system** is an essential component for ensuring a **stable, resilient, and responsive trading environment**, empowering developers to create safer, high-performance trading applications. # Secuity ### Gnosis Safe Aark Digital is using [***Gnosis Safe***](https://safe.global/) to manage authorities upgrading contracts. Both `Proxy Admin` and `Logic Admin` are handled via Gnosis Safe, which means there will be multiple signings needed for admin's every single action. ### Code & Structure Audit Aark Digital's mission is to build a safe DeFi space with unlimited potential. To reinforce user safety, Aark Digital has already completed two rounds of audits hosted by Hacken and Secure3. You can find the final reports of Hacken and Secure3 in the PDF file below: {% file src="/files/mXUzaVRTpldzk73ezdRs" %} {% file src="/files/CUpaBTpW39n9HIUmPglH" %} Aark Digital plans to proceed with more audits on an ongoing basis after the Open Beta to gurantee an exceptional level of security to users. # Media Kit Aark Digital's media assets can be found in the zip file below. {% file src="/files/G0wsTpRdlLnXDT6UdCdt" %} # LPs LPs are the core of Aark, creating the foundation on which traders and market makers deploy strategies.ca Aark Digital leverages a unique virtual liquidity pool model that redefines how Liquidity Providers (LPs) interact with the DeFi ecosystem. Instead of directly depositing assets into the pool, LPs open positions that indicate their share of the total liquidity, using deposited assets as collateral. This approach impacts the LP's account value based on the associated fees, such as trading and funding fees, ultimately influencing the LP's USDC balance and the liquidity pool's overall size. Utilizing Aark's RMM architecture, liquidity providers on Aark Digital benefit from several features: * Leveraged LP (increased APR) * Single-sided & delta-neutral LP * No Impermanent Loss (IL) * Funding fees LPs on Aark Digital can earn increased yields without suffering impermanent loss or converting their assets. This means that LPs can deposit ETH, BTC, or stETH and earn single-sided and delta-neutral yield while retaining custody of their assets. In addition, this yield does not come from inflationary emissions but from the actual trading activity on our platform. By providing liquidity, LPs earn from trading fees, funding fees, and the losses of unprofitable traders.
### Choose Any Asset in Defi, Earn Yields Aark allows for a hyper-diverse set of assets for liquidity provision. Beginning from the basic assets such as ETH, ARB, stablecoins, Aark is the first perp DEX that allows for LST/LRT and RWA for LP. LST/LRT are the fastest rising sector in DeFi as well as the perfect asset type to enable dual yields: native staking yield(LST/LRT) and AALP rewards. Aark further has the capability to broaden its horizons to include LP tokens. Uniswap v2 LP tokens, Uniswap v3 NFT positions, Curve USDC-USDT pool tokens, or any other tradable asset with liquidity can be added to the Aark pool to generate yields. This includes aUSD tokens and Aave USDC pool tokens, which users receive upon lending to Aave. These categories make up approximately half of the DeFi space. This revolutionary feature can also enable AARK-ETH Uniswap v2 LP token as collateral, strongly incentivizing users to provide liquidity for AARK on DEXs without separate token incentives. Any asset that’s looking for additional yields on DeFi? Aarkitecture is ready. ### How It Works 1. **Opening Positions:** LPs open positions by depositing assets as collateral. The value of an LP's account is affected by the associated fees, such as trading and funding fees. 2. **Virtual USDC Balance:** * The liquidity pool is denominated in USDC. PnL from trading and funding fees is cash-settled and pegged to USDC. **Assets are NOT converted into USDC at any time.** * **It's important to note that if the sum of USDC balances across all users exceeds the actual USDC balance in the protocol, the excess amount cannot be withdrawn. However, the peg to USDC remains stable due to other collaterals (assets) deposited by users.** 3. **Price Pegging Mechanism:** * The USDC balance is maintained at its peg to USDC through over-collateralizing users' negative USDC balances, treated as debts owed to the protocol - users' collaterals back this over-collateralization. * In essence, the USDC balance is a form of collateralized debt position. If the collateralization ratio falls below a certain level, liquidators will liquidate a portion of the collateral to maintain the over-collateralization. ### Conclusion Aark's virtual liquidity pool model revolutionizes the interaction between LPs, traders, and the DeFi ecosystem. By opening positions instead of directly depositing assets, LPs can better manage their exposure and benefit from the associated fees. At the same time, the protocol ensures solvency and stability through a robust price-pegging mechanism. # Leveraged LP
1. **What is Leveraged LP** Leveraged LP design greatly enhances liquidity rewards and size of the liquidity pool. Leveraged LP can be understood as an LP version of perpetual contract as Leveraged LP. The following could be said about perpetual contracts: * Perpetual positions do not borrow capital unlike margin trades; * because there is no borrowing, there is no borrowing fee or interests; and * liquidation happens when positions cross the Maintenance Margin Ratio. As such, the following can be said about Leveraged LP: * LP positions do not borrow capital from lenders; * there is no borrowing fee or interests; and * liquidation happens when positions cross the Maintenance Margin Ratio which are the exact same parameters as used by Aark perpetual contracts. Traditional leveraged yield farming protocols which essentially borrowed from self-provided lending pools saw lending rates skyrocket at times of high demand, often seeing the cost take over the rewards of yield farming, experience leveraged impermanent loss, and often lead to liquidations. Thus, Aark Digital's Leveraged LP design removes such uncertainty factor caused due to uncontrollable cost changes. Bottom line, Leveraged LP is essentially like trading perpetuals except without paying funding fees. Such leverage has two important impacts: 1-1. increased APR and trader PNL: The leverage feature increases the size of the user's deposited capital. As such, the LP amount is essentially bigger, for instance if a user deposited $100 and leveraged it by 5x, it has essentially the same effect as depositing $500. Thus, the user is subject to 5x more rewards or APR as compared to a position without leverage. Further, LPs will also be counterparty to 5 times more PNL of traders. 1-2. increased liquidity for protocol: Even with a smaller deposited capital, the leverage function increases the overall LP amount, providing a more liquid trading environment for traders. Thus, compared to a pool without any leverage, a fully leveraged 5x LP pool will create a 5 times more liquid environment for traders. This creates a positive cycle of enhancing trading experience for traders, increasing trading fee rewards for LPs, and again increase in LP amount. **Leveraged LP is Soulmate of Delta-neutral/Market-neutral LP Design** The design of Leveraged LP is suitable only together with Delta-neutral/Market-neutral LP designs. As the positive impacts of Leveraged LP's are clear in that LPs have higher profitability and while traders have a more liquid trading environment, it comes with the downside in which LPs are exposed to higher trader PNL and risk of liquidiation. Thus, it is evident that exposing the pool to minimum PNL is the way to stabilize the LPs from leveraged losses and liquidations. As such, Aark's LP is designed to expose LPs to the minimum PNL through three mechanism: * skewness cap * streaming funding fees * insurance pool # Cross Margin With Aark Digital’s Peer-to-Pool model, users can trade with cross-margin using any whitelisted assets as collateral. When users deposit ETH, BTC, USDC, or other assets, all assets are quoted in USD but remain in their native form. This allows users to open long/short positions with their collateral and still hodl their assets without impermanent loss. This fundamentally differs from alternative DEXs, where users lose their assets when depositing collateral or mint LP. In practical terms, this means that a user can open a long/short position with various collateralization ratios. For instance, they could open a position using BTC, ETH, *and* USDC for a single trade. Traders on our platform can maximize the potential of their capital without the need to sell their assets to open or maintain their positions. The image below provides an example of multiple collateral options being utilized on our platform. Here, you can see that the account value is $12,574.24, although the collateral consists of $4,000 USDC, 0.25 BTC, and 0.50 ETH. The margin value is slightly lower because of the weights assigned to BTC and ETH, which are lower than USDC due to their volatility.
The user then opened two long positions on BTC and ETH. You can see that their total position size across both positions is 8x and is in slight profit.
Here, you can see that fluctuations to the account PnL have changed the balances of their account accordingly.
As described above, profit/loss is settled in USDC, so the USDC balance has increased while the BTC and ETH balance has remained the same. This is just one of many ways that users can utilize cross-margin trading with AARK Digital. In the future, we will extend collateral options to more assets, such as MATIC, ARB, LINK, DOGE, and others, to give users more flexibility. # Streaming Funding Fee Aark's approach to balancing Mark Price and Open Interests. The **Streaming Funding Fee** in Aark's trading platform is a balancing mechanism for traders and Liquidity Providers (LPs) and even has implications for Market Makers. It is crucial for anyone participating in the market to understand how it operates and how it impacts their activities.
### **Relevance to Traders** Traders holding perpetual swap positions are subject to continuous funding fees, which are determined by the market's skew toward long or short positions. For example, if the market is skewed toward long positions, those holding long positions will pay funding fees to those with short positions. This creates a financial incentive for traders to take positions that balance the market, making it more stable and efficient for everyone involved. #### **How is it Calculated?** $$ funding\ rate(% / hour) = \frac{(mark\ price - index\ price)}{index\ price}\*\ \frac{1}{8} \* 100 \* amplifer $$ $$ amplifier\_m = C\_m \times \max(1, \frac{|long \space OI - short \space OI| \times index \space price}{pool \space size \times target \space leverage\_m}) $$ The hourly funding rate is based on a premium, which indicates market skewness toward long or short positions and includes an "amplifier" factor that adjusts for liquidity pool risk. This fee is updated continuously and paid every block to balance the market. #### **Impact on LPs and Market Makers** From the LP's perspective, continuous funding fees help maintain a balanced long/short open interest (OI), reducing delta exposure and ensuring stable APRs for the LP pool. This also helps control the LP pool's leverage near a certain level, making it more predictable and less risky for LPs. Market Makers benefit indirectly from this mechanism, as it fosters market stability. #### **Example** Suppose Alice holds a long position in an ETH contract, and most of the market is also skewed toward long positions. She will be paying a continuous funding fee to those holding short positions. This fee is not just a cost; it's a signal. It indicates that if Alice switches to a short position, she could earn funding fees rather than pay them, thereby incentivizing her to balance the market. By incorporating the premium and the amplifier into the funding rate, Aark's Streaming Funding Fee mechanism ensures that the market remains balanced and that all participants can strategize more effectively. It's a vital cog in Aark's complex financial wheel, serving traders, LPs, and Market Makers alike. ### Stabilization of Liquidity Pool Continuous imposition of funding fees helps maintain a balanced ratio of long/short OI by incentivizing traders to open positions in the opposite direction of the skewed positions. This balanced OI reduces delta exposures and ensures stable APRs for the liquidity pool while controlling liquidity pool leverage near a certain level.​ # Market Makers ## **Introduction** In the Aark ecosystem, Market Makers perform a critical role by creating a balanced and stable trading environment. Their contributions serve as a linchpin, aligning the interests of Liquidity Providers (LPs) and Traders. This page explores the vital functions of Market Makers within Aark, detailing how they help maintain a balanced skew level and its resulting ecosystem benefits. ### **Vital Functions: Skew Balance and Its Ecosystem Benefits** #### **Skew Balance:** Market Makers are indispensable in maintaining a balanced skew level in the Aark ecosystem. When traders predominantly take positions in one direction, either long or short, the market experiences a skew. This skew could result in less favorable prices for traders and increased risk for Liquidity Providers (LPs). #### **Ecosystem Benefits:** By actively participating in the market and taking the opposite positions to traders, Market Makers help neutralize the skew. Their actions result in several key benefits across the Aark ecosystem: 1. **Better Prices for Traders**: A balanced skew level ensures traders get more favorable prices, enabling efficient market entries and exits. 2. **Reduced Risk for LPs**: When Market Makers balance the skew, they effectively mitigate LPs' risk from having unbalanced positions. This makes the LP role more appealing, attracting more liquidity into the ecosystem. 3. **Stable Environment**: A balanced skew contributes to market stability and can enhance the overall trading experience, attracting even more participants to Aark's platform. ### **Why Market Makers Choose Aark** Market Makers are not just important for the ecosystem; they also stand to benefit from the increased trading volumes and open interest facilitated by Aark. The platform's sophisticated risk management mechanisms, perpetual products, and liquidity pools provide ample opportunities for Market Makers to earn returns through arbitrage, thereby incentivizing their continued participation. ### **Conclusion** In essence, by maintaining a balanced skew, Market Makers serve to create a harmonious ecosystem where traders, LPs, and even Market Makers themselves benefit. This self-reinforcing mechanism is pivotal for the sustainable growth of the Aark platform. Through their active involvement, Market Makers bolster Aark's objective to offer a CEX-like trading experience entirely on-chain.