Built above the venue, with explicit boundaries.
Axient is designed around a clear operating boundary. The prediction venue remains the source of markets, outcome assets, matching, and final settlement. Axient coordinates risk, accounting, execution, and lifecycle actions around a connected position.Layers
Prediction venue
Creates the market, matches orders, holds the underlying outcome assets, provides the resolution path, and performs final settlement through its own rails.Axient margin layer
Calculates risk from executable venue prices, maintains isolated collateral and debt, applies lifecycle controls, and coordinates debt-clearing actions before finality.User position
The user receives a clear long or short exposure view. When leverage ends, residual tokens are fully funded and wait for the venue’s final resolution.Reference services
- Venue adapter normalizes market state, order and balance information, execution results, and settlement status.
- Risk engine computes executable value, health, position limits, partial-liquidation conditions, and hard-flat timing.
- Double-entry ledger records cash, debt, token balances, fees, and realized sale proceeds as separate state.
- Execution service submits bounded orders and reports their confirmed settlement state.
- Lifecycle worker manages reduce-only, hard-flat, settlement, oracle, and redemption jobs.
- Signer or controlled subaccount authorizes only typed, constraint-checked actions.
- Reconciliation worker compares internal records with the venue before decisions use the data.
Design principle
Margin must end before the underlying market enters a period where it can close, delay, dispute, void, or resolve. This keeps any final outcome position separate from active borrowed exposure.For live adverse deleveraging, the implementation needs a control path that can execute permitted actions. A fully user-controlled external wallet cannot be assumed to sign at the required moment.