Risk Management
The backbone of Syndr is our risk engine. Post initial validation, all incoming orders, block-trades, withdrawals first get sent directly to the risk engine before any further processing.
Custody of User funds
Syndr is a non-custodial exchange and does not take custody of any user funds.
- All user fund deposits remain in the custody of on-chain smart contracts
- Non-custodial access: User is always in complete control of their assets.
- Withdrawals from the exchange can only be done the account owner via an onchain transaction.
- All withdrawals must first clear the risk engine to account for the current state of user's portfolio.
Liquidations
Syndr uses incremental liquidations striving for a healthy margin factor + delta-neutral portfolio.