Midas is an Ethereum L2 built for markets, with verifiable matching, non-custodial settlement, an insurance backstop, and compliance you switch on or off. The rails are ours. The applications are yours.
One chain, one non-custodial vault, one manipulation-resistant oracle, one insurance fund, and the primitives to build any market on top: derivatives, outcomes, and provably-fair games. You bring the application; Midas makes it verifiable, self-custodial, and compliant by default.
Leverage to 125×, oracle-marked liquidations, a shared cancel registry, and a protocol liquidity vault that market-makes for everyone.
Live on testnetOn-chain options with margined writing and verifiable settlement against the same oracle the whole venue trusts.
Live on testnetCLOB-priced outcome markets, deterministically resolved with an on-chain resolution receipt for every outcome.
Live on testnetA casino where the house cannot cheat: every result is decided by an unbiasable randomness beacon, verifiable on-chain.
Live on testnetSegregated collateral buckets, so a liquidation in one market can never reach margin posted for another.
Live on testnetTokenized-treasury collateral that earns the risk-free rate while it backs your position. Yield and margin, one asset.
RoadmapOther venues ask you to trust the operator. Midas replaces trust with proof, at the matching engine, the vault, and the settlement layer.
Off-chain matching, on-chain settlement with dual-signed fills, the operator can't forge, reorder or over-fill. ZK-proven matching is the guarantee we're building.
AI document, passive-liveness and biometric face-match checks, plus a duplicate-face anti-sybil defense that recognizes you even under a new document.
An insurance fund absorbs shortfalls first; auto-deleveraging is the last resort. Bad debt is contained, never silently socialized.
Namespaced, conservation-checked balances with a 3-day timelock on any new settlement authority and an exit that is never pausable.
A threshold-VRF beacon no single party can predict or bias, the primitive behind provably-fair gaming and fair sequencing.
Liability roots committed on a fixed cadence with a public verifier and a staleness-armed escape hatch, solvency you can check, not take on faith.
The same engine ships in two postures, and the posture is proven on-chain at deploy time. Nobody has to trust that we'll behave.
General-purpose L2s can host an exchange but don't guarantee one. Offshore trade chains guarantee speed but not neutrality or compliance. Midas is the only one that does all three.
| Capability | Midas | General L2s | Offshore trade chains |
|---|---|---|---|
| Native trading engine (perps / options / outcomes) | Built-in | Bring your own | Yes |
| Verifiable matching, no operator front-running | TEE + ZK | No | Trust the operator |
| Non-custodial settlement, always-open exit | By construction | App-dependent | Often custodial |
| Insurance fund + orderly deleveraging | Built-in | No | Varies |
| Compliance (KYC / AML / Travel Rule), optional | Built-in | No | No |
| Credibly-neutral deployment (keys renounced, proven) | Yes | No | No |
| Provably-fair randomness beacon | Yes | No | No |
| Fees | Flat $0.05, on exit only | Variable gas | Maker/taker bps |
Add Midas to your wallet, claim test gas, and try a market in minutes, or build on the same rails.