> 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):** ### 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 %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://rwaperp-1.gitbook.io/rwaperp-docs/about-rwaperp/overview.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.