Overview
What Lambdachain is, in one page.
Lambdachain is a perpetual futures exchange built as a zero-knowledge rollup on STRATO. You trade 50+ markets from one cross-margined account, the dollar you hold earns yield while it sits there, and every batch of trades is settled with a cryptographic proof that the rules were followed.
The short version
- Trade perpetuals on crypto, US equities, indices, metals and energy, with up to 20× leverage on the majors, from a single account.
- Earn on every dollar in the account. Deposits become USDλ, backed one-for-one by USDC in escrow; the interest that escrow earns is paid to everyone holding it — an estimated 5% APY at today's rates. Margin backing open positions earns too.
- Fund with a credit or debit card, Apple Pay, USDC from Ethereum, or by swapping any token you already hold. A deposit credits your account in about a minute, and is settled by a trustless proof once its source-chain block is final.
- Keep custody. Your account is controlled by your key. Collateral sits in escrow contracts, withdrawals are authorised by you, and if the exchange ever stopped running, a proof of your balance is enough to withdraw directly from the settlement contract.
How it fits together
The order book runs off-chain for speed, like a traditional exchange. What is different is what happens next: trades are batched into blocks, independent provers turn each block into a zero-knowledge proof that the matching, margin checks and liquidations were done correctly, and the settlement contract on STRATO verifies that proof before balances become final. Anyone can run a prover; nothing about the exchange's history is private to the operator.
Getting Started
Open an account, fund it, place a first trade.
Trading
Perpetuals, orders, margin, funding, liquidation, fees.
USDλ & sUSDλ
The exchange dollar and where the yield comes from.
Architecture
Sequencer, blocks, proofs, settlement and the exit.
Lambdachain is currently live on the STRATO testnet with play money. Everything described here can be tried at app.testnet.lambdachain.xyz without real funds at risk.