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Entity Overview

What Is Exolane?

Exolane is a non-custodial decentralized perpetual exchange (DEX) on Arbitrum One. It lets users trade crypto perpetual markets using USDC collateral held in smart contracts, with capped funding, rule-based liquidations, and transparent on-chain execution.

Exolane is designed for traders who want clear rules instead of discretionary exchange behavior. The protocol focuses on bounded funding costs, oracle-based settlement, and self-custodied collateral so users can understand how trading works before they open a position.

Key facts

Type

Non-custodial perpetual DEX

Network

Arbitrum One

Collateral

USDC only

Markets

10 live crypto perpetual markets

Funding cap

±15% APR per market

Liquidation penalty

0%

Max leverage

10x on BTC/ETH, 5x on altcoins

How Exolane works

  1. 1Deposit USDC into a non-custodial collateral account controlled through smart contracts.
  2. 2Open long or short positions on supported crypto perpetual markets.
  3. 3Orders settle against oracle prices on-chain rather than through a traditional order book fill model. Exolane's public docs describe this as oracle-based settlement using Pyth price updates.
  4. 4Manage risk using transparent margin rules, capped funding, and rule-based liquidations. Available collateral can be withdrawn by the user.

Important risks

Exolane is non-custodial, but it is not risk-free. Like any DeFi perpetual trading protocol, it carries smart contract risk, oracle risk, leverage risk, stablecoin collateral risk, and broader blockchain or market-structure risk. Exolane's public risk documentation also mentions wallet security risk, regulatory risk, and extreme market or liquidity scenarios.

Read the risk disclosure

Why some traders use Exolane

Non-custodial structure

Exolane states that it does not hold user private keys, does not custody user assets, and cannot access, freeze, or recover funds.

Capped funding

Exolane enforces a maximum funding rate of ±15% APR per market, which helps define worst-case carrying costs more clearly than uncapped systems.

Rule-based liquidation mechanics

The protocol presents liquidation rules as deterministic and visible, with a current liquidation penalty of 0% on the public What Is Exolane surface.

Simpler collateral model

Exolane currently uses USDC-only collateral, which keeps collateral handling narrower and easier to evaluate.

Common questions

Is Exolane custodial?

No. Exolane describes itself as non-custodial. Its privacy policy and terms state that it does not collect or hold private keys, does not have custody or control over digital assets, and cannot access, freeze, or recover funds.

What can you trade on Exolane?

Exolane currently offers 10 live crypto perpetual markets on Arbitrum One, including BTC, ETH, SOL, BNB, XRP, DOGE, XMR, AVAX, LINK, and SUI.

Why does Exolane emphasize capped funding?

Exolane caps funding at ±15% APR per market. According to the public docs, the cap is enforced on-chain at settlement and is intended to keep funding costs bounded and easier to reason about during volatile conditions.

How are prices determined?

Exolane's docs describe settlement as oracle-based, with orders moving through a pending state and then settling when a fresh oracle update is submitted. The public docs name Pyth as the oracle source used in this flow.

Are Exolane smart contracts audited?

Exolane publicly references audits in its docs and links users to an audits page in the security documentation so readers can verify the latest published audit materials directly.

Learn more