Platform
Built on FX rates, not crypto order books.
OXHEDGE runs perpetual contracts on emerging-market currencies. Perpetuals allow continuous pricing and hedges with no expiry. Every rule that affects your position is enforced by smart contracts you can read before you trade.
Architecture
Four layers, each one readable onchain.
What it does
Reference FX prices come from oracle feeds. Each market shows oracle and mark price side by side.
What it means for you
You see the rate you trade against, and how far the market is from it, before you confirm.
Details →Two prices, and why both matter.
The reference exchange rate, pulled from [name feeds] and updated [every N seconds]. It anchors the market to the real-world rate.
The price the OXHEDGE market is trading at. It's used to value open positions and check margin.
For currencies with a parallel market rate, [explain which rate the oracle tracks and why].
Funding keeps the market close to the real rate.
Perpetuals have no expiry, so a small periodic payment keeps the mark price close to the oracle. When the market trades above the oracle, longs pay shorts. When it trades below, shorts pay longs. Funding is charged every [8 hours] and shown before you trade.
Mark is 0.3% above oracle → longs pay shorts ≈ [x]% this period.
Cost for hedgers · Illustrative
For a $250,000 hedge held 60 days at [x]% per 8h, funding would total about $[y]. Compare that with your forward points or bank spread.Know your liquidation price before you open.
Margin is the collateral backing your position. Leverage sets how much margin you need: at 5x, a $250,000 position needs $50,000. If losses bring your margin below the maintenance level of [x]%, the position is liquidated to protect the market.
Liquidation 1,148.10
Today 1,400.12
- Margin required
- $50,000
- Est. liquidation
- 1,148.10
- Distance to liquidation
- 18.0%
$250,000 Buy USD / Sell NGN at 1,400.12 · placeholder maintenance margin 2%
Hedging a business exposure? Lower leverage (1–3x) keeps the liquidation price far from today's rate.
Your collateral stays in your wallet until you trade.
OXHEDGE is non-custodial: at no point does a company hold your stablecoins.
In your wallet
USDC/USDT sits in your wallet. OXHEDGE can't touch it.
You confirm
You sign the trade. Only the margin you chose moves.
Held by contract
Margin is locked in a smart contract under public rules, not held by a company.
Back to your wallet
When you close, margin ± P&L and funding returns to your wallet.
[contract addresses] · [audit reports] — published once available.