βοΈBuilt on Core Principles
Last updated
Last updated
Core Markets is built upon seven essential principles that define our approach to decentralized derivatives: decentralization, deep liquidity, a broad array of assets, affordability, permissionless access with self-custody, assured programmatic solvency, and an exceptional user experience (UX).
Core thrives on a robust, ever-expanding network of solvers, ensuring liquidity sources are diversified and not dependent on a single entity. This approach mitigates centralization risk and allows for unlimited scalability and flexibility within the network.
At Core, we are confident that our intent-based model is the key to unlocking unparalleled liquidity for on-chain derivatives. By enabling solvers to leverage their collateral while managing risks efficiently, we significantly enhance the ratio of open interest to collateral, surpassing the efficiency of traditional AMMs, vAMMs, and order book DEXs by orders of magnitude.
Core proudly offers access to over 250 trading pairs, a number that is steadily increasing. Our platform can swiftly integrate any asset that solvers are prepared to hedge, mirroring the expansive offerings of major futures exchanges like Binance Futures, with further growth anticipated as solvers broaden their hedging strategies.
Trading on Core means freedom from the burdens of borrowing costs, high slippage with large orders, oracle risk, and unnecessary fees. Traders are only responsible for a minimal 0.06% Core base fee, manageable funding rates subsidized by USDB yield, and the solver's spread. Moreover, using yield-bearing USDB as our primary collateral will allow us to subsidize funding rates for traders.
Embracing the DeFi ethos, Core is accessible to anyone with a wallet, collateral, and an internet connection. Your assets remain under your control at all times, ensuring a secure trading experience without any intervention from Core.
Our infrastructure mandates continuous solvency for both traders and solvers throughout the trade lifecycle, with automated mechanisms in place for liquidation if the equity balance falls below the required maintenance margin (CVA). This system safeguards all parties involved.
Thanks to our strategic partnership with IntentX, Core delivers an unparalleled UX, focusing on innovative feature development, UI optimization, and expanding our trader community. Moreover, we value fairness and transparency as evidenced by our commitment to distribute 100% of any Blast Points and Blast Gold we accrue to our users (50% to stakers and 50% to traders).
Core Markets enhances the DeFi trading experience by blending innovative technology with trader-focused principles. Our platform is secure, efficient, and user-friendly, designed to empower traders with the tools and flexibility they need for success. As we grow and innovate, Core's commitment to enhancing and expanding our offerings ensures that traders have the support they need to thrive in the markets.