Documentation
Exolane Protocol
Non-custodial leveraged trading on Arbitrum One. Predictable costs, transparent risk, on-chain rules.

#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

⚠️

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.