DEXTER
Dexter is a hybrid perpetual trading venue built to keep execution fast, collateral explicit, and market posture visible.
#What Dexter is
Dexter combines an off-chain exchange runtime with contract-bound custody and treasury controls.
Orders, pricing decisions, market-state transitions, funding, liquidations, and publication move through one ordered runtime.
Collateral, withdrawal requests, treasury permissions, and participation-linked balances stay in contract-governed storage.
That split is not cosmetic.
It lets the venue move quickly where matching and market control need speed, while keeping settlement references and protocol-owned balances inside narrower contract boundaries.
#What the venue keeps explicit
Dexter is designed so the user can see when a market is fully open, when it has tightened, and when the venue is waiting on a cleaner reference path.
It is also designed so collateral, treasury balances, insurance reserves, and participation-linked balances do not blur into one generic pool.
Published roots, proof-gated withdrawals, and explicit market states are part of the same objective.
The venue should stay understandable while it is moving, not only after the fact.
Understand Dexter before you trade it.
These guides explain the product in plain language and connect the public venue to the mechanics behind execution, custody, withdrawals, and season-based participation.
See why Dexter keeps execution coordination off-chain while custody and release boundaries stay contract-bound.
02 Contract-bound custodyUnderstand where collateral lives, how treasury balances stay separate, and why the runtime does not redefine custody.
03 Proof-gated withdrawalsFollow the release path from published roots to proof checks and the challenge rules that protect settlement.
04 Challenge + airdropLearn how challenge access, season scoring, referrals, and feedback combine into Dexter's challenge-first model and linked airdrop record.