#What is Exolane?

Exolane is a non-custodial perpetual futures DEX on Arbitrum for traders who prefer clear rules over discretionary exchange behavior. Orders settle against oracle updates, user collateral stays in smart contracts, and funding stays market-driven while a hard ±15% APR cap per market keeps carrying costs easier to reason about.

Need the short canonical overview? See exolane.com/what-is-exolane.

#The Problem We Solve

Traditional perpetual exchanges suffer from several issues:

#How Exolane is Different

#1. Variable Funding With a Hard Cap

Funding on Exolane is market-driven, not fixed, and capped at ±15% APR per market by on-chain smart contract rules.

Traditional Exchange:  Funding can spike to 100%+ during volatility
Exolane:               Live market rate, capped at ±15% APR

This means:

• The live funding rate can be lower than 15% in calmer conditions
• Worst-case funding costs are predictable
• Leveraged positions held for hours, days, or weeks are more viable
• Funding squeeze impact is bounded

That makes Exolane a better fit for traders who want a defined ceiling on carrying costs for positions held beyond very short timeframes.

#2. Truly Non-Custodial

Your funds never leave your control:

• All collateral is held in smart contracts
• No admin function can transfer user collateral out
• All risk checks are enforced on-chain
• Protocol behavior is fully deterministic

#3. Oracle-Settled Execution

Orders settle at the next valid Pyth oracle price, not against local order-book depth or an AMM curve.

• 0% slippage from local liquidity on Exolane — position size does not move the execution price
• Other Exolane traders do not push your fill higher or lower
• If the oracle updates while your order is pending, the final price changes with the oracle, not because your trade moved the market

#4. Transparent & Minimal Fees

#5. Deterministic Liquidations

Liquidations follow rule-based logic:

• Currently 0% liquidation penalty (configurable per market; set to zero at launch)
• Remaining collateral stays in your account
• Oracle-based pricing reduces manipulation risk
• Keepers receive gas reimbursement for executing liquidations

#How It Works

1. Deposit USDC — Connect your wallet and deposit collateral
2. Open Position — Choose a market, direction (long/short), and size
3. Manage Risk — Set stop-loss and take-profit orders
4. Settlement — Positions enter pending and usually settle within 1-5 seconds at the next valid Pyth oracle price; your size does not move that execution price on Exolane
5. Withdraw — Close positions and withdraw USDC anytime

#Supported Markets

Exolane currently supports 16 live perpetual markets across crypto, forex, gold, and equities:

#Network

Exolane is deployed exclusively on Arbitrum One to benefit from:

• ⚡ Low fees — Sub-cent transaction costs
• 🚀 Fast confirmations — ~250ms block times
• 🔒 Ethereum security — Inherits L1 security guarantees
• 🌐 Wide wallet support — Works with all major wallets

#Next Steps

Ready to start trading?

Want to understand the protocol deeper?