Context
Unified liquidity is the claim on the front page, and a reader deserves to know
what it actually means for them: which pool backs their trade, what the pool is
exposed to, and what the trade-off against isolated books is.
Scope
- What the pool model is and how it differs from per-market isolated liquidity.
- What a liquidity provider is actually exposed to when traders are net long or
net short, stated without euphemism.
- How the pool's composition affects available leverage and price impact.
- Where the mechanism lives in the contracts, with links to the reference pages.
- A diagram (DX-054) of the flow from trader order to pool exposure.
Acceptance criteria
Out of scope
- The step-by-step pools guide (DX-078).
Spec: docs/dx_1/003_content_map.md §3 · Depends on: DX-071
Context
Unified liquidity is the claim on the front page, and a reader deserves to know
what it actually means for them: which pool backs their trade, what the pool is
exposed to, and what the trade-off against isolated books is.
Scope
net short, stated without euphemism.
Acceptance criteria
Out of scope
Spec:
docs/dx_1/003_content_map.md§3 · Depends on: DX-071