Rails is a perpetual trading platform that seamlessly handshakes between centralized order processing and on-chain custody bringing, users the best of both worlds on one platform. By utilizing zero-knowledge proofs, Rails ensures the safety of user funds while delivering high performance and flexibility in digital asset perpetual trading.
What is Perpetual Trading?
Trading digital asset perpetuals involves engaging in perpetual futures contracts, which are a type of derivative product that does not have an expiration date. While these contracts do not have an expiration date, you are primarily betting on the short-term value of the digital asset. These contracts allow traders to speculate on the future price of a digital asset without owning the underlying asset.
In trading digital asset perpetuals, you take either a long or short position on a specific asset, such as Bitcoin or Ethereum. If you believe an asset is undervalued, you would take a long position by placing a limit or market order to buy the asset. If you believe an asset is overvalued, you would take a short position by placing a limit or market order to sell the asset. This can be confusing for novice traders because you don't need to own the asset before "selling" it in this form of trading.
Read about placing orders to learn how to trade digital asset perpetuals on Rails.
Transparency, Speed and Security
Instant Trade Execution
Our centralized platform is designed to match orders with sub-millisecond processing. Our proprietary matching engine scales seamlessly, delivering lightning-fast settlements and real-time updates to account balances
Verifiable Transactions
Each of these transactions are cryptographically aggregated and posted on-chain, ensuring users' privacy remains intact. Users can cryptographically verify their transactions, which are included in a Merkle tree, using Block Explorer.
Rails user funds are held on-chain in an audited and secure smart contract. The Rails smart contract tracks all key fund movements, including deposits, withdrawals, and fees.
Rails is proudly registered with CIMA under both the VASP and SIBA regimes, ensuring that we operate as a fully compliant platform. Our comprehensive Anti-Money Laundering (AML) program strictly adheres to all regulatory requirements. All eligible Rails users must complete necessary checks, such as Know Your Customer (KYC) and Know Your Business (KYB) verifications, where applicable.
What is Digital Asset Perpetual Trading?
Trading digital asset perpetuals involves engaging in perpetual futures contracts, which are a type of derivative product that does not have an expiration date. While these contracts do not have an expiration date, you are primarily betting on the short-term value of the digital asset. These contracts allow traders to speculate on the future price of a digital asset without owning the underlying asset.
In trading digital asset perpetuals, you take either a long or short position on a specific asset, such as Bitcoin or Ethereum. If you believe an asset is undervalued, you would take a long position by placing a limit or market order to buy the asset. If you believe an asset is overvalued, you would take a short position by placing a limit or market order to sell the asset. This can be confusing for novice traders because you don't need to own the asset before "selling" it in this form of trading.
Read about placing orders to learn how to trade digital asset perpetuals on Rails.
What is On-Chain Custody?
On-Chain custody is one of the key benefits of the Rails platform. The user has full control over their cryptocurrency assets and private keys. Rails offers on-chain custody of user funds on an audited and secure smart contract which tracks key movement of user funds including deposits, withdrawals and fees.
What is a Smart Contract?
A smart contract is a self-executing program stored on a blockchain that automatically enforces the terms of an agreement when predefined conditions are met. Instead of relying on middlemen, like banks, smart contracts use code to securely verify, complete, and record transactions.
These are a crucial element of the Rails platform, as they make transactions faster, safer, and more efficient.
What is a Zero Knowledge Proof?
The Rails platform leverages advanced zero-knowledge proofs (ZKPs) within our smart contracts to protect your funds by verifying transactions without exposing sensitive user data. This allows Rails to confirm the validity of trades and account balances while maintaining complete privacy.
