Perpetual Futures
from Execution to Settlement
Fypher delivers hybrid perpetual futures infrastructure — off-chain matching engine speed with on-chain settlement finality. Trade perps, swap, stake, and mint on a single protocol.
Works with leading Web3 infrastructure
Full-Stack DeFi Protocol
Everything You Need.
All in One Protocol.
Trade perps, swap assets, mint stablecoins, stake for yield, and deploy AI agents — all on Fypher's hybrid infrastructure.
Perpetual Futures
Off-chain matching engine with on-chain settlement. Price-time priority orderbook, delta-neutral hedging, and real-time risk management with up to 20x leverage.
Token Swap
Seamless conversion between FYUSD, sFYUSD, and RUSD with optimized routing. Deep liquidity pools across regulated and DeFi environments with minimal slippage.
Mint / Burn
1:1 fiat-backed FYUSD issuance with instant minting and redemption. Full reserve transparency with compliance-first architecture.
Staking
Stake FYUSD into sFYUSD vaults for composable yield generation. Multi-source returns from RWA, staking rewards, and DeFi spreads targeting 8-15% APY.
AI Agents
Deploy AI agents that hold, move, and allocate compliant dollars autonomously. Compliance-as-code for machine-to-machine payments on SCALE chain.
Hybrid Architecture
Off-chain matching.
On-chain settlement.
Three layers working in concert — speed where it matters, finality where it counts, risk management everywhere.
Off-Chain Speed, On-Chain Finality
Price-time priority matching with deterministic sequencing. Append-only event journal for full replay capability. 6-mode engine state machine from NORMAL to RECOVERY.
Why Fypher
Built for Performance
Infrastructure designed for professional traders and institutions.
Sub-millisecond Matching
Off-chain execution engine
Price-time priority orderbook with deterministic sequencing. Cancel priority during overload ensures market stability.
Real-Time Risk Management
Pre-trade & post-trade checks
IMF/MMF margin system with dynamic OI-based adjustments. Automated liquidation monitoring and graceful degradation.
Multi-Asset Collateral
ERC20 token support
Admin-managed token listing with configurable deposit caps. Any ERC20 can serve as collateral for perpetual futures trading.
On-Chain Settlement
EVM-native finality
All trades settle on-chain. Transparent funding payments, position management, and transfer tracking via smart contracts.
Institutional Grade
Built for scale
Rate limiting per subaccount, idempotency via clientOrderId, slow consumer isolation on WebSocket, and complete audit trails.
RUSD Yield Layer
Multi-Source Yield Architecture
Most synthetic stablecoins rely on a single driver. When it breaks, everything breaks. RUSD is different.
Delta-neutral perps (spot long / perp short). Captures exchange funding while fully hedged.
Cash & carry spreads between spot and futures. Stabilizes returns when funding is neutral.
Tokenized Treasuries, repo, and money markets. Provides floor yield and liquidity reserve.
Validator and liquidity yields (hedged). Adds uncorrelated on-chain income stream.
When one yield source weakens, the others compensate. RUSD generates income in every market regime.
Execution Layer
SCALE
The monetary OS for Asia's AI-driven financial institutions. SCALE turns dollars into autonomous economic primitives.
POC-First Approach
SCALE begins as a proof-of-concept layer — validating compliance primitives and agentic payment flows with real institutional partners before full chain deployment.
Global Main-net Partnership
SCALE leverages global main-net payment systems for early agentic commerce pilots, accelerating time-to-market without sacrificing compliance design.
Asia Institutions First
Banks and asset managers become the first autonomous agents operating on compliant dollar rails.
The future of trading
needs intelligence.
Fypher is building Asia's Monetary Intelligence Layer — the missing bridge between trust and productivity in digital dollars.
The future of your
industry starts here
Join the next generation of perpetual futures trading — built for speed, settled on-chain.