Technology & Security

Plasma Chain Performance

The choice of the Plasma Chain is central to the platform's offering:

• Sub-Second Finality: This is crucial for high-leverage trading, ensuring that the price you see is the price you get, with no delayed fills or slippage surprises.

• Zero Gas Fees: The zero-gas infrastructure of Plasma Chain eliminates the cost and complexity of managing gas tokens, simplifying the entire trading process.

PlasmaPerps achieves sub-second latency by removing the blockchain from the hot path and treating trades as signed off-chain intents. Users sign orders with their wallet and send them via WebSocket to a stateless gateway, which forwards them to a co-located sequencer + in-memory matching engine cluster. The sequencer is the single logical ordering service: it timestamps and sequences intents, runs risk checks, and updates an in-memory orderbook and account state (positions, margin, PnL). Because this entire loop runs in RAM with no EVM calls and no disk I/O on the critical path, it can respond with execution reports (fills, partials, updated account state) in a few hundred milliseconds, similar to a traditional CEX matching engine.

On-chain contracts sit on the settlement path, not the execution path. The sequencer periodically batches executed trades and state transitions into compact state commitments (or rollup-style proofs) and submits them to Plasma Chain settlement contracts. These contracts hold custody of margin collateral, maintain canonical balances and positions, enforce margin and liquidation rules, and update vault/fee/insurance accounting. Because the chain only processes aggregated batches instead of per-click transactions, it can provide strong safety and non-custodial guarantees without constraining latency. The combination of (1) off-chain, in-memory matching and risk, plus (2) on-chain batched settlement with contract-controlled custody, is what allows PlasmaPerps to deliver CEX-like speed while remaining non-custodial.

Security and Transparency

PlasmaPerps operates with a commitment to Trust through verification, not promises.

• Non-Custodial: Funds are secured by audited smart contracts, not by any third party.

• Onchain Settlement: All transactions and settlements are verifiable on the blockchain.

• Audits: Our smart contracts have been thoroughly audited by leading security firms in the DeFi space.

• Data Pipeline: We utilize a Hybrid Oracle + RWA (Real World Asset) Data Pipeline. This multi-source mechanism aggregates data from various sources to ensure our prices are resilient against manipulation and highly accurate, especially for RWA markets like stocks and commodities.