A hybrid architecture built for institutional reality.
OnTrade combines on-chain verifiability with off-chain execution performance. Policy and settlement are enforced by the protocol; routing and matching run on infrastructure that meets institutional latency and throughput requirements.
Four layers. One coherent rail.
On-chain, versioned, auditable. Encodes institutional mandates as enforceable constraints. Every account action is checked against policy before it settles.
Off-chain, low-latency routing and matching. Inherits policy guarantees from the account boundary. Multi-venue aware — integrates with on-chain venues, dealer rails, and tokenization platforms.
Encrypted computation (FHE) for pre-trade intent and price discovery. Used by STN for confidential matching across counterparties.
On-chain finality and cryptographic execution evidence. Feeds institutional audit, reporting, and best-ex review.
Open, composable, institutionally aligned.
ERC-4337 and modular account patterns for programmable policy enforcement at the account boundary.
FHE-based execution for pre-trade intent, order matching, and counterparty privacy.
Deterministic, attestable execution triggers for mandate-driven workflows.
Designed to interoperate with custodians, OMS/EMS, wallets, and venue APIs.
Execution and settlement footprint extensible across institutional-grade chains.
Every action produces deterministic, signed evidence for downstream compliance systems.
Architecture walkthroughs available under NDA.
Detailed technical documentation — including threat model, policy semantics, and execution flow diagrams — is available to institutional counterparties and prospective partners under NDA.