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Concepts

Plain-language explanations of MetaFlux's core mechanisms — what they do, how to use them, and what to expect under stress.

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New here? Start with the Architecture map — a one-page overview of every component inside MetaFlux Core and how they fit together, each linking to its deep-dive page below.

Read order for integrators​

  1. Agent wallets — hot-key delegation, the standard market-maker setup
  2. Order types — TIF, STP, triggers, TWAP, scale
  3. Margin modes — Cross / Isolated / Strict-Iso
  4. Mark prices — what drives margin, liquidation, triggers
  5. Tiered liquidation — T0 yellow card → T4 ADL
  6. Funding rates — per-asset discrete user-to-user payment
  7. Fees — maker/taker tiers + burn
  8. Fee schedule — volume, maker-rebate, and staking discount tiers
  9. Broker codes — charge your own fee on orders you route
  10. Priority fees — pay for ordering inside a block, and how that differs from a broker fee
  11. Sub-accounts — strategy / risk isolation
  12. Portfolio margin — cross-asset SPAN-like margin

Earn & related products​

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

  • Earn — testnet preview: USDC lending pool that funds spot-margin borrows
  • Spot — live: token-for-token CLOB, reserved-balance escrow, no leverage
  • Spot margin — testnet preview: leveraged spot funded by the Earn pool
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Non-leveraged spot is the one Sharia-compliant product — see Sharia compliance.

Advanced​

  • ADL — T4 auto-deleverage math
  • Multi-sig — institutional M-of-N
  • Vaults — MFlux Vault + user vaults
  • Staking — delegate MTF, earn rewards
  • RFQ — request-for-quote, the option trade path
  • FBA — frequent batch auction matching

Reference​