Capital Markets on PYRAX
Capital markets - equities, fixed income, and derivatives - remain saddled with T+1/T+2 settlement, layered custody, and reconciliation across CSDs and clearinghouses. PYRAX enables atomic, instantly-final delivery-versus-payment on tokenized instruments, with shielded positions that keep trading strategy private while viewing keys satisfy market surveillance.
The market
Source: Boston Consulting Group / World Federation of Exchanges, 2024. Figures are indicative and provided for context.
What's broken today
How PYRAX transforms it
Concrete network elements mapped to this business.
BLS proof-of-stake finality
Trades settle with atomic delivery-versus-payment in a single irreversible block, collapsing T+1 into T+0 and eliminating settlement-fail risk.
Shielded-by-default ZK transfers
Positions and order flow stay confidential to protect strategy, while regulators and surveillance desks use viewing keys for read-only market-abuse monitoring.
Multi-VM smart contracts (EVM / WASM / Cairo)
Tokenized bonds, equities, and derivatives encode coupons, corporate actions, and lifecycle events as contracts - Cairo for ZK-verifiable payoff proofs where needed.
On-chain escrow
Margin, collateral, and DvP legs are escrowed and released atomically, removing the window where one side has paid but not received.
GhostDAG (500k-TPS target)
Parallel block production sustains exchange-grade order and settlement throughput without the latency and fee volatility of linear chains.
Buildathon: dApp ideas
Ship-ready concepts for capital markets on PYRAX.
AtomicDvP
01Delivery-versus-payment settlement engine that atomically swaps a tokenized security for cash with BLS finality.
BondForge
02Tokenized-bond issuance with coded coupon schedules and automated on-chain corporate actions.
DarkBook
03Shielded order book that hides size and side until match, defeating front-running while staying surveillance-auditable.
MarginLock
04Real-time margin and collateral engine that escrows and rebalances positions per block.
PayoffProof
05Cairo-based derivative that publishes a ZK proof of correct payoff computation at expiry.
RepoRail
06Tri-party repo dApp with instant, atomic collateral movement and automatic unwind.
SurveillanceKey
07Regulator dashboard consuming scoped viewing keys to monitor for wash trades and spoofing across shielded books.
CorpAction
08Automated dividend, split, and voting distribution to tokenized-equity holders in a single parallel batch.