Settlement Process

Obligations are recorded throughout the settlement window, netted at window close, and settled as a single consolidated transaction across all participating institutions.

Netting Flow

Record

Via API

Net

Multilateral

Price

Oracle

Settle

Net only

Core Components

Netting Engine
Multi-corridor parallel netting with O(n) complexity
Oracle Layer
Deterministic FX rates at window close
Integration
REST API and native ISO 20022 support
Consensus
Avalanche Subnet with permissioned validators
Settlement Claims
sXXX tokens (non-transferable, institution-only)
Compliance Layer
Full audit trail with sanctions screening hooks

Design Principles

Infrastructure Specifications

Network
Lagrange L1 (Avalanche Subnet)
Finality
Sub-second (<1s)
Throughput
4,500+ transactions per second per corridor
Gas Token
FSC (utility only, zero market value)

Full documentation under NDA

Detailed API specifications, integration guides, and compliance documentation are available for qualified pilot participants.

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