Derivative Design & Liquidity
Coming soonYour derivative, designed, launched and made liquid
A service from the Somnia team for institutions that want a new derivative without building the stack. We compose Somnia's modular products into a bespoke instrument, launch it on Somnia Markets, with market making services from the Somnia team available on request.
Off-chain services. Not part of the decentralised Somnia Network: provided separately, by the Somnia team or its partners.
From term sheet to a live book
- Your instrument
- Desk quotes
01Compose
02Launch
03Make markets
One team from term sheet to live market
Instrument design, pricing, resolution, contracts, launch and market making in one engagement, rather than a vendor for each layer.
Built from production modules
Order books, matching, oracles, price feeds, automation and settlement are already live on Somnia. We configure and compose them instead of writing a venue from scratch.
Market making services
The Somnia team offers market making services on request. We can quote your markets from launch, alongside independent market makers, to help you build depth and tighter spreads as your venue grows.
Fully onchain once it's live
The rules, the book and every settlement are public smart contracts. Your users get self-custody and an audit trail; you keep the brand and the fees.
Who it's for
Who it's for
Add a product line without a derivatives team
Offer perpetuals or event contracts on new underlyings without hiring quants or running a matching engine. We design the instrument, you distribute it.
- Spot, perpetual and binary instruments on one engine
- Builder fees on the flow you route
- Branded front end or API integration
How it works
How an engagement runs
Human-led where judgement matters, onchain wherever it can be.
- 01
Scope
We agree the underlying, the audience, the jurisdictions you serve and what success looks like.
- 02
Design
Payoff, margin and funding parameters, index or resolution sources, and risk limits, written up as a specification you sign off.
- 03
Build
We compose the instrument from Somnia Markets, Somnia Price Feeds, the Somnia Oracle, Reactivity and USDso, and test it end to end.
- 04
Launch
The market goes live on Somnia Markets, on your venue, a partner venue or both.
- 05
Make markets
On request, the Somnia team quotes your markets from launch, alongside independent market makers.
- 06
Support
After launch, the Somnia team helps with parameters and reporting, as you need.
Capabilities
What Derivative Design & Liquidity gives you
Instrument design
Spot, perpetual and binary structures with the payoff, margin and expiry your market needs.
Index construction
Reference prices assembled from Somnia Price Feeds, with manipulation controls.
Resolution design
Event contracts with named sources, void rules and onchain resolution through the Somnia Oracle.
Onchain automation
Reactivity handles expiries, funding and liquidation triggers in the same block, with no keepers.
Settlement & collateral
Settlement in USDso, with Somnia Lend available for collateral and idle balances.
Market making
On request, the Somnia team quotes your markets from launch, alongside independent market makers.
In action
Derivative Design & Liquidity in production
One book, many venues: how shared liquidity works on Somnia
Venues on Somnia plug into shared order books and shared resolution instead of bootstrapping their own. This piece explains the mechanics and the economics.
Why matching belongs onchain
Where an exchange matches orders decides who you have to trust. A look at the trust models in today's order-book venues, and why Somnia puts the matching engine in a smart contract.
Related
Works well with
Markets
Somnia Markets
Onchain order books for crypto, RWAs and any financial market
Learn moreData & Truth
Somnia Oracle
Resolve any real-world question onchain, with receipts
Learn moreData & Truth
Somnia Price Feeds
Index, mark and oracle prices for markets and lending
Learn moreAgents & Automation
Somnia Reactivity
Contracts that react to events in the same block, no keepers
Learn moreSettlement & Liquidity
USDso
The settlement stablecoin for markets on Somnia
Learn moreBring us the market you want to exist
Derivative Design & Liquidity is coming soon. Every engagement is scoped individually and subject to legal, regulatory and jurisdictional review. Tell us what you want to build.