How the network works
Liquidity providers operate prefunded desks on FIFO. The smart router assigns fills based on pricing, inventory, corridor fit, and program policy. LPs see only their scoped book — not a public leaderboard or zero-desk marketing counters.
Desk & inventory
Available vs reserved USDT and local fiat per corridor. Prefund and withdraw write the ledger with audit rows.
Router-assigned fills
Orders routed to your desk appear in your portal only. You do not browse or claim public flow.
Settlement periods
Track fiat and crypto leg status, offsets, and reconciliation for fills assigned to your lpId.
Reporting
Desk-level activity for inventory movement, fills, and network fee context — for LP ops, not public marketing counters.
Primary counterparties
FIFO connects to institutional liquidity desks including Aquanow, B2C2, FalconX, Wintermute, Cumberland, Galaxy, GSR, Keyrock, Auros, and DV Chain — each operating as a scoped LP on the network.