Concepts

This section explains the core mechanisms of MetaFlux: what each one does, how to use it, and how it behaves under stress.

The architecture map gives a one-page overview of every component inside MetaFlux Core. Each component links to its own page.

Read order for integrators

Agent wallets: hot-key delegation, the standard market-maker setup.
Order types: TIF, STP, triggers, TWAP and scale orders.
Margin modes: Cross, Isolated and Strict-Iso.
Mark prices: the price that drives margin, liquidation and triggers.
Tiered liquidation: the tiers from T0 (yellow card) to T4 (ADL).
Funding rates: a discrete payment between users, per asset.
Fees: maker and taker tiers, and the burn.
Fee schedule: volume, maker-rebate and staking discount tiers.
Broker codes: charge your own fee on the orders you route.
Priority fees: pay for a position inside a block. The page also compares a priority fee with a broker fee.
Sub-accounts: isolate a strategy or its risk.
Portfolio margin: cross-asset margin in the style of SPAN.

The tradeable markets are under Products: Perpetuals, Spot and Spot margin. The lending pool that funds spot-margin borrows is a concept.

Earn: testnet preview. A USDC lending pool that funds spot-margin borrows.
Spot: active. A token-for-token CLOB with reserved-balance escrow and no leverage.
Spot margin: testnet preview. Leveraged spot that the Earn pool funds.

info

Non-leveraged spot is the one Sharia-compliant product. See Sharia compliance.