Atomic or nothing
Both legs in one transaction. If the second leg fails, the first must not move. No escrow holding user assets at any point.
An OTC desk that settles non-atomically is worse than no desk. These rules are not optional.
Both legs in one transaction. If the second leg fails, the first must not move. No escrow holding user assets at any point.
60-second default TTL. A long-lived signed quote is a free option for the taker. Makers cancel on-chain.
Deviation from time-weighted consensus is shown to both parties before signing. The desk never hides a bad price.
Never quote against a single pool or a spot snapshot taken after a large pool move. Median of recent deep-pool samples.
Blocks settle during US sessions on a real market calendar, when the underlying price is meaningful.
Build settlement on a standard, audited settlement path rather than a bespoke custodian contract.
Tokens are not registered in the US and are not offered to US residents. Accessing the desk from restricted jurisdictions is prohibited.