Bitcoin-backed capital executed at machine speed. Six layers working together to create a vertically integrated financial protocol with stable settlement at its core.
All capital in 963x originates from Bitcoin. USDB is minted against BTC collateral with a minimum 150% collateralization ratio. The Risk Engine continuously monitors positions and triggers liquidations before the system becomes under-collateralized.
Bitcoin-backed stablecoin minting, redemption, and peg stability mechanism
BTC and LST (btBTC, LBTC) custody with over-collateralization ratios
Real-time collateral monitoring, liquidation thresholds, and circuit breakers
USDO is the stable settlement infrastructure of 963X Network. Users deposit external stablecoins and mint USDO, which becomes the primary settlement asset for perpetual trading, collateral for margin, validator staking requirement, and base pair for all on-network liquidity. It is not algorithmic -- no reflexive token backing, no governance token as collateral. Collateral remains secured in the treasury and can be redeemed at any time.
Fully collateralized stable asset minted against USDT, USDC, and DAI at high capital efficiency
Unified settlement for perpetual margin, PnL, liquidity pools, and validator staking
1:1 redemption back to underlying stablecoins at any time, no lock-up period
Conservative delta-neutral strategies on collateral to fund validator incentives and growth
The Execution Layer processes all trading activity. The Matching Engine handles order book depth, while the Perpetual Engine manages positions, margin, and funding rates. The FAI Scheduler coordinates execution across venues for optimal fills.
Onchain perpetual futures with up to 125x leverage, funding rates, and mark price
High-performance order matching with sub-second execution and deep liquidity
Economic coordination layer that routes, batches, and optimizes execution
The Agent Layer brings AI-powered automation to every level of the stack. Users can deploy agents with strict permission boundaries (max trade size, daily caps, slippage limits). All agent actions are auditable and revocable onchain.
Autonomous financial agents that parse intent, simulate, and execute under user rules
Pre-built strategies: DCA, grid trading, funding rate arbitrage, basis trade
Automated market making and liquidity provision across pools
Decentralized keepers for liquidations, order execution, and oracle updates
Governance ensures the protocol evolves with its community. ve963X holders vote on fee structures, collateral parameters, new market listings, and treasury allocation. Longer lock periods grant proportionally more voting power.
963X token utility: staking, fee sharing, governance voting power
ve963X model with time-weighted voting and boosted yield up to 2.5x
Community governance over fees, collateral ratios, and protocol upgrades
The Integration Layer connects 963x to the broader crypto infrastructure. Oracles provide tamper-proof pricing, bridges enable cross-chain capital flow, and wallet integrations ensure accessibility for all user types.
MetaMask, WalletConnect, Coinbase Wallet, and institutional custodians
Cross-chain BTC bridging via Lombard, threshold signatures, and native bridges
Multi-source price feeds with Pyth, Chainlink, and proprietary TWAP
Composability with external DeFi protocols, yield aggregators, and data providers
Data flows vertically through the stack. Capital enters at Layer 1, settles through USDO at Layer 2, gets executed at Layer 3, optimized by agents in Layer 4, governed in Layer 5, and connected externally in Layer 6.
BTC collateral backs USDB, stablecoins mint USDO for network use
USDO provides unified margin, PnL settlement, and LP base pairs
Trade data, positions, and market feeds power agent strategies
Agent activity metrics and risk data inform governance proposals
Approved parameters propagate to connected systems and bridges
Every architectural decision in 963x follows these core principles.
Users always hold their own keys. The protocol never takes custody of funds.
All value is ultimately backed by Bitcoin. USDB is the stable unit of account.
USDO standardizes all settlement. No algorithmic minting, no reflexive backing, fully redeemable.
Capital, settlement, execution, intelligence, governance, and connectivity in one stack.
Every layer can be enhanced by agents, from risk management to execution.
Users grant fine-grained permissions. Agents operate within strict boundaries.
Each layer exposes APIs. External protocols can build on top of 963x.
The 963x stack is designed to grow. Each layer has extension points for new functionality without breaking existing infrastructure.