REACTOR Open terminal

Live on Elysium testnet

Your own perps protocol, on your own chain.

Reactor is a complete perps protocol: matching engine, escrow, price oracle and verification, deployed on your chain through perps.studio. Your chain has a reason to be used from day one.

The Reactor Perps trading terminal: markets, chart, order book and order form

Markets

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24h volume

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Open interest

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Price signers

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Value for every side of the market

A chain gets a perps protocol. Market creators get a fair place to list. Builders get a protocol to build on.

  • Chains

    Bootstrap your chain with a live perps protocol. Deposits, trading and settlement all happen on your chain.

    Launch with perps.studio
  • Market creators

    List a perp on any Hyperliquid market, HIP-3 included, and keep up to half its taker fees.

    List a market
  • Builders

    Put your own front end on a Reactor chain and earn a fee on every order you route.

    Start building
Tradersuse any interfaceInterfacesterminal, apps, SDKReactor Perpsthe protocolYour chainsettles every trade

Hyperliquid's markets, on your chain.

A 2-of-3 committee signs Hyperliquid's prices. Reactor carries them to any EVM chain.

Hyperliquidsets the price2 of 3 signReactorsame marketsElysiumlive nowYour chainnextAny EVM chainsame protocolHyperliquidsets the price2 of 3Reactorsame marketsElysiumliveYoursnextAny EVMchain

Two ways to launch with perps.studio

Reactor is a perps.studio project. Pick the one that fits what you are building.

White label

For teams that want their own exchange brand, fast. A fully branded perps exchange on Hyperliquid, HIP-3 dexes or Aster, live in minutes, with their markets and liquidity from day one and revenue on every trade.

Launch a white label

Reactor

For chains that want a perps protocol of their own. Matching engine, escrow, signed prices and verification, deployed on your chain, with room for market creators and builders to launch on it.

Try the live testnet

Trustless by design

The operator runs the engine. The chain holds the money, the prices are signed, and every commit can be checked.

Onchain escrow

Your USDC never leaves the escrow contract. Every ten minutes the venue commits its full state onchain: every balance, position and order.

See the contracts

Signed prices

Mark and funding are signed by a 2-of-3 committee reading Hyperliquid, so the operator cannot set a price. Venue markets use the committee; deployer markets use the committee or the deployer's own signed oracle.

How prices work

Disputes

Your browser replays each commit step by step, and an independent challenger does the same. A wrong commit is disputed onchain and the escrow freezes before it pays.

How verification works

From order to withdrawal

Fast where it can be, onchain where it has to be.

  1. 01

    Match

    Orders match in a Rust engine, off-chain, in microseconds.

  2. 02

    Commit

    Every ten minutes the engine posts its state to the escrow onchain.

  3. 03

    Check

    Anyone can replay the commit. Until it is final, it can be disputed.

  4. 04

    Withdraw

    Withdraw against your proof. If the escrow freezes, it still pays every account.

Contracts

The live testnet, release v10.0.0 on Elysium. Every contract is source-verified on Sourcify.

Give your chain a perps protocol.