Markets overview
A Vadium market pair contains two financing books that share common risk and execution infrastructure.
Cash against RWAs
FLOW A — Deposit an RWA. Borrow cash.
RWAs against cash
FLOW B — Post cash. Borrow the RWA.
Supplying liquidity
Vadium has two distinct supply-side roles.
Rates and fees
Cash and RWA inventory are different forms of capital. Vadium should not force them into one rate model.