> For the complete documentation index, see [llms.txt](https://rwaperp-1.gitbook.io/rwaperp-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rwaperp-1.gitbook.io/rwaperp-docs/about-rwaperp/overview.md).

# Overview

Trade real-world asset price exposure onchain with perpetual futures.

**Official X (Twitter):** <https://x.com/rwaperp>

### What it is

RWAPerp is a decentralized perpetual futures exchange for real-world assets (RWAs).

Trade leveraged long or short price exposure through synthetic, price-tracking perpetual contracts. You do not hold, custody, or tokenize the underlying assets.

All contracts use USDC collateral and settlement. Positions have no expiry date. A periodic funding fee keeps contract prices aligned with the underlying index.

Oracle price feeds reference underlying markets. Dedicated handling supports pricing outside traditional market hours.

### Who it serves

RWAPerp is for traders who want self-custodial, onchain access to real-world asset price movements.

* **Crypto-native traders** can diversify beyond crypto assets. They use a familiar perpetual-futures workflow.
* **Active traders** can use leverage, cross or isolated margin, and limit, market, reduce-only, and TP/SL orders.
* **Self-custody-focused users** retain wallet control. Authentication uses signatures, and settlement occurs onchain.

### Value proposition

* **RWA price exposure, onchain.** Trade real-world asset prices from your wallet. No brokerage account or asset tokenization is required.
* **No expiry, flexible direction.** Take leveraged long or short positions. Hold them while margin requirements are met.
* **Self-custody and transparency.** Signature-based authentication, onchain settlement, and order-authenticity verification keep funds under your control.
* **Built for multi-chain access.** Deposits and withdrawals support cross-chain use. Support begins with X Layer, with more networks planned.
* **Structured risk management.** Margin requirements, liquidation, an insurance fund, and auto-deleveraging (ADL) support system solvency.

{% hint style="warning" %}
**Risk disclosure:** Leveraged perpetual futures trading involves significant risk. You may lose all deposited collateral.
{% endhint %}