Protocol

Fees

  • Spot: 0.09%

  • Perpetuals: 0.018% maker / 0.045% taker

  • BDX holders receive up to 20% discount

  • Fees are allocated to buyback and the team fund

Margin

  • Supports both cross-margin and isolated margin.

  • All calculations are private but verifiable through zk-proofs.

Governance

  • Governance is managed through a Council.

  • BDX holders vote on protocol upgrades and new features.

Security

  • Smart contracts are audited.

  • Bug bounty program is in place.

  • zk-proofs serve as a cryptographic guarantee of fairness.

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