mperps
Multi-asset perpetual futures with Canton settlement.
mperps provides perpetual-futures trading with USDCx collateral and Canton settlement. Its published execution documentation describes mirroring positions on Aster, while the homepage advertises broader venue routing.
Background
mperps combines a perpetual-futures interface with Canton collateral and settlement. Current execution documentation describes Aster mirroring; broader routing advertised on the homepage requires product-specific confirmation.
Key Benefits
- USDCx-margined perpetual futures
- Isolated-margin model described in the documentation
- Externally mirrored positions
- Canton collateral and settlement records
Why Canton
Canton gives mperps privacy at the account and routing layer (via DAML's sub-transaction privacy: your account, permissions, and aggregated positions are only visible to authorized parties, not broadcast network-wide), sub-second finality for execution that keeps pace with the market, atomic transaction guarantees within Canton that the project aims to use for future cross-venue composition (external venue integrations and split-fill workflows remain subject to the rollout), and a regulatory posture suited to institutional participation.
It was also the fastest path to a compliant setup, mperps is VASP-licensed by FIU Trinidad & Tobago.
What Makes It Unique
mperps combines externally mirrored perpetual positions with Canton-based collateral and settlement records. Its current venue and instrument coverage should be confirmed in the product documentation.
What's Included
Trading model
The documentation describes isolated margin and opening a corresponding external position before reflecting the trade on mperps. Funding, liquidation, execution timing and counterparty exposure remain part of the product.
Venue coverage
Aster execution is described in the current documentation. Additional advertised venue integrations should be checked against current market specifications and account access rather than assumed available for every trade.
Access and terms
Use the official app root and current documentation for onboarding, deposit routes and withdrawal terms. Regulatory status must be read in the context of the named entity and applicable jurisdiction.
Official Resources
Behind the Scenes
Published execution documentation describes externally mirrored positions with Canton-based collateral and settlement records. Check the application for currently enabled venues, instruments and access requirements. Canton settlement does not by itself establish atomic execution on an external venue.