RFQ-based execution
Request executable pricing from connected liquidity. Quotes bind rate, fees, LP routing, and TTL on the server clock — not indicative ticker screens.
Partners and approved desk users lock a quote before any fiat or crypto leg moves. Expired prints cannot be paid against.
Smart liquidity routing
Route each transaction by pricing, inventory, corridor rules, and settlement capability across the FIFO liquidity network.
The router scores LP desks on available inventory, corridor fit, and program policy. No public order book — assignment is infrastructure-side.
Flow
- Client / Partner — Institution, VASP, PSP, fintech, or approved desk user
- FIFO — Policy, limits, KYC gates, orchestration
- RFQ — Executable quote · TTL · fee snapshot
- Smart router — LP selection · inventory · corridor fit
- Liquidity provider — Prefunded desk on the FIFO network
- Settlement — Fiat rail + digital-asset rail → reconciliation
Not a public exchange
FIFO routing is infrastructure-side. Partners and approved desk users receive executable prints — not indicative tickers or anonymous marketplace matching. For institutions