# Opaldex Whitepaper ## Executive summary - [Welcome](https://docs.opaldex.com/readme.md): Welcome to your team’s developer platform - [Why Opal?](https://docs.opaldex.com/readme/why-opal.md) - [Executive Summary](https://docs.opaldex.com/executive-summary.md): Opal DEX is a privacy-first perpetual futures exchange that hides trader intent until settlement while preserving on-chain verifiability post-trade. - [Key Innovations](https://docs.opaldex.com/executive-summary/key-innovations.md) - [Problem & Vision](https://docs.opaldex.com/problem-and-vision.md) - [Opal's vision](https://docs.opaldex.com/problem-and-vision/opals-vision.md) - [Understanding Opal](https://docs.opaldex.com/understanding-opal.md) - [How it works](https://docs.opaldex.com/understanding-opal/how-it-works.md) - [What Makes Us Different?](https://docs.opaldex.com/understanding-opal/what-makes-us-different.md) - [Key Features](https://docs.opaldex.com/key-features.md) - [Post-Trade Proofs](https://docs.opaldex.com/key-features/post-trade-proofs.md) - [Robust Risk Engine](https://docs.opaldex.com/key-features/robust-risk-engine.md) - [MEV-Aware Routing](https://docs.opaldex.com/key-features/mev-aware-routing.md) - [Non-Custodial by Design](https://docs.opaldex.com/key-features/non-custodial-by-design.md) - [Protocol Overview](https://docs.opaldex.com/protocol-overview.md) - [Key Concepts](https://docs.opaldex.com/protocol-overview/key-concepts.md) - [Post-Trade Proofs](https://docs.opaldex.com/protocol-overview/post-trade-proofs.md) - [MEV-Aware Routing](https://docs.opaldex.com/protocol-overview/mev-aware-routing.md) - [Technical Architecture Layers](https://docs.opaldex.com/protocol-overview/technical-architecture-layers.md) - [System Architecture](https://docs.opaldex.com/system-architecture.md): Opal's architecture is designed for privacy, scalability, and verifiability. - [Core Components](https://docs.opaldex.com/core-components.md) - [Matching Engine](https://docs.opaldex.com/core-components/matching-engine.md) - [Settlement Layer & Scaling](https://docs.opaldex.com/core-components/settlement-layer-and-scaling.md) - [Oracle system](https://docs.opaldex.com/core-components/oracle-system.md) - [Risk Engine](https://docs.opaldex.com/core-components/risk-engine.md) - [Proof & Verification Layer](https://docs.opaldex.com/core-components/proof-and-verification-layer.md) - [Security Layers](https://docs.opaldex.com/core-components/security-layers.md) - [Order Lifecycle](https://docs.opaldex.com/order-lifecycle.md) - [Phase 1: Intent Capture](https://docs.opaldex.com/order-lifecycle/phase-1-intent-capture.md) - [Phase 2: Order Sealing](https://docs.opaldex.com/order-lifecycle/phase-2-order-sealing.md) - [Phase 3: Matching](https://docs.opaldex.com/order-lifecycle/phase-3-matching.md) - [Phase 4: Settlement](https://docs.opaldex.com/order-lifecycle/phase-4-settlement.md) - [Phase 5: Proofs & Receipts](https://docs.opaldex.com/order-lifecycle/phase-5-proofs-and-receipts.md) - [Risk Engine](https://docs.opaldex.com/risk-engine.md): Opal's risk engine is designed to prevent system insolvency while protecting traders from predatory practices. - [Liquidation Mechanism](https://docs.opaldex.com/risk-engine/liquidation-mechanism.md) - [Position Limits](https://docs.opaldex.com/risk-engine/position-limits.md) - [Funding Payments](https://docs.opaldex.com/risk-engine/funding-payments.md) - [Risk Monitoring](https://docs.opaldex.com/risk-engine/risk-monitoring.md) - [Tokenomics](https://docs.opaldex.com/tokenomics.md) - [Fair Launch & No Insider Deals](https://docs.opaldex.com/tokenomics/fair-launch-and-no-insider-deals.md) - [Revenue Model & Holder Rewards](https://docs.opaldex.com/tokenomics/revenue-model-and-holder-rewards.md) - [Distribution mechanics:](https://docs.opaldex.com/tokenomics/distribution-mechanics.md) - [Treasury, Tax & Budgeting](https://docs.opaldex.com/tokenomics/treasury-tax-and-budgeting.md) - [Token Audit](https://docs.opaldex.com/tokenomics/token-audit.md) - [Security & Trust](https://docs.opaldex.com/security-and-trust.md) - [Go-To-Market & Ecosystem](https://docs.opaldex.com/go-to-market-and-ecosystem.md) - [Roadmap Step 1](https://docs.opaldex.com/roadmap-step-1.md) - [Step 2 Closed Beta → Open Beta](https://docs.opaldex.com/roadmap-step-1/step-2-closed-beta-open-beta.md) - [Step 3 Mainnet Launch](https://docs.opaldex.com/roadmap-step-1/step-3-mainnet-launch.md) - [Step 4. Project X](https://docs.opaldex.com/roadmap-step-1/step-4.-project-x.md) - [Token Utility & Holder Rights](https://docs.opaldex.com/token-utility-and-holder-rights.md) - [Risks & Mitigations](https://docs.opaldex.com/risks-and-mitigations.md) - [Community & Socials](https://docs.opaldex.com/community-and-socials.md): Opal is more than just a dex - it's an ecosystem built for and by its holders & community - [Brand Assets](https://docs.opaldex.com/brand-assets.md) --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on a page URL with the `ask` query parameter: ``` GET https://docs.opaldex.com/readme.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.