How the OXHEDGE liquidity layer works

What OXHEDGE is, why emerging-market FX belongs onchain, and how the liquidity layer fits together.

Contract specification, mark price, leverage, margin mechanics and how a position is opened and closed.

How the funding rate is computed, when it settles, and why it anchors the perpetual to the reference rate.

A practical framework for sizing a currency hedge, choosing a ratio, and budgeting margin and funding.

Maintenance margin, partial liquidation, the insurance fund and auto-deleveraging.

The four layers — price, liquidity, risk and settlement — and what runs onchain versus offchain.

Taker and maker fees, liquidation fees, deposits, withdrawals and collateral handling.