Markets
AssetType defines HK, US, SG, JP, KR, IPO and OT categories for fee selection.
Protocol / 02
Capabilities and system boundaries
The implementation coordinates wallet-originated orders and token accounting. It does not remove the broker, administrator, issuer, or custodian from the trust model.
| Capability | On-chain | Off-chain dependency | Evidence |
|---|---|---|---|
| Create buy / sell intent | Transfers assets and emits an event | Frontend supplies order inputs | On-chain verified |
| Execute securities order | No broker execution in contract | Operator and brokerage workflow | Operator disclosed |
| Issue stock token | Owner calls mint against factory token | Operator reconciles execution | On-chain verified |
| Prove reserves | No reserve registry in supplied contracts | zkPass verification service | Service in progress |
Implemented concepts
Leverage
Margin level is capped at 100x in the inspected implementation; financing risk remains product-dependent.
Settlement token
Each deployment points to one ERC-20 settlement token. Verify it before approval.
Upgradeable logic
The proxy delegates to an owner-authorized implementation that can change without changing the proxy address.