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Trading

Instruments Orders Fees Referral Program

Market Data

Mark Price Oracle Price PnL and Entry Price

Margin & Liquidations

Margin System Funding Liquidations ADL and Insurance Fund Risk Parameters

Market Operations

Market Lifecycle Trading Sessions Corporate Actions

Smart Contract

Deployed Contracts

Reference

Specification Index Security Audits FAQ Glossary and Formulae Restricted Jurisdictions

Legal

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Security Audits

Access the latest security audits for the OBSDN smart contracts below.

Hexens Security Review (May 2026)

Full review of the OBSDN perpetual smart contracts (PDF)

Specification Index

Consolidated contract, margin, and pricing specifications for OBSDN equity perpetual markets

FAQ

Common questions for trading, risk, and operations