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No single venue is best at everything. Liquidity is deeper on one venue today and on another next month, and a market listed on one may not be listed on the other. Supporting several means you get the better book when there is one, and the market you want when only one venue lists it, without changing terminals or opening a second account somewhere else.
Hyperliquid, Lighter, and Phoenix, each drawn as a card with its logomark, connected by lines down into a single OWNIT slab. Caption: different books, different markets, one terminal.

Where you can trade

What does not change when you switch

  • Your account, its starting balance, and the rules fixed at purchase
  • Max daily loss, max loss, profit target, and Best day
  • Equity, To target, and From breach
  • The on-chain record on Solana

What sits underneath

HyperliquidPrice feed from a live on-chain order book, with its market data.
Phoenix Coming soonPrice feed next. A second on-chain order book to switch to, on Solana.
SolanaThe record. Accounts, trades, and payouts are recorded on-chain on the Solana network. Open any of them with View on Explorer.

What is recorded on-chain

  • Account creation and its rules
  • Trades and account events
  • Payouts

Verification

Open the on-chain record for a trade, order, account event, or payout with View on Explorer.