#Welcome to Exolane
#About Exolane
Exolane is a non-custodial perpetuals protocol built for safety-conscious traders. Core logic runs on smart contracts, withdrawals are not subject to an admin pause, and trading costs are designed to stay transparent and more predictable through capped funding.
This documentation covers how the protocol works, what it costs, and what risks are involved.
#Why Exolane?
Exolane is designed for traders who prefer known costs and transparent rules over aggressive incentives or discretionary controls.
#📊 Funding Rates Are Bounded
- Capped at ±15% APR per market
- Limits worst-case carrying costs
- Enforced on-chain via
riskParameter() - Configurable parameter — changes are publicly visible
#💰 No Protocol Liquidation Penalty
- Currently 0% liquidation fee
- Only keeper gas reimbursement applies
- Remaining collateral stays in your account
#⚖️ Oracle-Settled Execution
- All trades settle at Pyth Network oracle prices
- Reduces impact of temporary price spikes
- No orderbook manipulation risk
- No slippage risk
#🪙 USDC Collateral Only
- Simplified accounting and risk reasoning
- 1:1 wrapped to EXU (ExoUnit) internally
- Single asset reduces complexity
- Clear collateral value at all times
#🔒 Non-Custodial Design
- Collateral held in audited smart contracts
- No admin function to transfer user funds
#✅ Who This Protocol Suits
- Traders holding positions for hours to weeks seeking predictable worst-case costs
- Those who value rule-based systems with on-chain verifiability
#⚠️ Limitations
- Max leverage: 10x (BTC/ETH) or 5x (other markets) — lower than some alternatives
- Liquidity depth may not suit very large position sizes
#Get Started
#Key Features
| Feature | Current Setting |
|---|---|
| Markets | 10 live perpetual markets — BTC, ETH, SOL, BNB, XRP, DOGE, XMR, AVAX, LINK, SUI |
| Collateral | USDC only |
| Max Leverage | Up to 10x (BTC/ETH), 5x (all others) |
| Funding Cap | ±15% APR per market (on-chain parameter) |
| Liquidation Penalty | 0% (on-chain parameter, currently set to zero) |
| Oracle | Pyth Network (40s staleness threshold) |
| Network | Arbitrum One |
| Funding Fee | 0% — 100% of funding flows between traders |
#Quick Links
Risk Warning: Trading leveraged products involves significant risk of loss. Only trade with funds you can afford to lose. Please read our Risk Disclosure before trading.