#Welcome to Exolane

#About Exolane

Exolane is a non-custodial perpetual futures DEX on Arbitrum for traders who want transparent protocol parameters and clearer bounds on carrying costs. Core trading rules run on smart contracts, withdrawals are not subject to an admin pause, key fee mechanics are publicly visible on-chain, and funding stays market-driven while remaining bounded by a hard on-chain ceiling.

This documentation covers how the protocol works, what it costs, and what to review before trading.

#Why Exolane?

Exolane is designed for traders who prefer known costs and transparent rules over aggressive incentives or discretionary controls.

#📊 Funding Costs Are Bounded, Not Fixed

• Funding is market-driven and capped at ±15% APR per market by on-chain smart contract rules
• Limits worst-case carrying costs and keeps longer-held leverage more predictable
• Gives traders a published ceiling on carry costs without turning 15% into a default rate

#💰 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
• 0% slippage from local liquidity on Exolane — order size does not move the execution price
• Typical pending window is 1-5 seconds
• No local orderbook or AMM price impact
• The final price can still change before the next oracle update

#🪙 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 leveraged positions for hours to weeks who want predictable carry and worst-case costs
• Those who value rule-based systems with on-chain verifiability

#⚠️ Limitations

• Most markets cap at 5x or 10x — more conservative than some alternatives
• Very large positions can still be limited by protocol risk settings or maker capacity even though order size does not move the oracle execution price

#Get Started

#Key Features

#Quick Links

• 🌐 Launch App
• 🐦 Twitter/X
• 📖 Quick Start Guide
• 🔒 Security Overview