Commodities

Trade physical goods, precious metals, and equity indices as on-chain synthetic perpetuals.

Available Markets (Testnet)

Market	Symbol	Asset Type	Max Leverage	Fee (Pos/Neg Impact)
Gold	XAU/USD	Synthetic	100x	0.04% / 0.06%
S&P 500 Index	CSPX/USD	Synthetic	100x	0.04% / 0.06%

More commodity and index markets are planned based on oracle availability.

Market Architecture

All commodity and index markets use a Single-Token Pool architecture:

• Both the long and short collateral token is USDC.

• There is no actual holding of the underlying asset.

• Price is determined purely by off-chain oracle signers, providing settlement at fair market value.

Specs (All Synthetic Markets)

• Hours: 24/7 on-chain (underlying market hours vary for oracle accuracy).

• Fees: 0.04% (positive impact) – 0.06% (negative impact) of position size.

• Collateral: USDC only.

• Oracle: Aggregated off-chain price signatures from keeper network.

• Max Leverage: 100x (1% minimum collateral factor).