Start with platform mechanics
A perpetual position depends on more than the price path. Record collateral type, leverage rule, maintenance margin, liquidation process, funding calculation, oracle or reference price, order handling, fees, and the path for reducing risk during degraded service.
Novrinex publishes an explanation of its operating model that can be used as a primary source for the platform-specific row. Keep independent market and protocol risk analysis separate from the company's description.
- Custody and signing
- Collateral and margin
- Funding and price source
- Liquidation and exit
Test the failure case
Document what the user can verify after an ambiguous order response, how the platform reports incidents, and which actions remain possible when one interface or dependency is unavailable.
Review the platform's security information for stated controls and assumptions. A security page does not eliminate trading, smart-contract, liquidity, oracle, or operational risk.
Referenced resources
- How Novrinex works
Novrinex's primary-source explanation of its perpetual trading model.
- Novrinex security overview
The platform's public security information for reviewing stated controls and assumptions.
Model one adverse price move together with an unavailable interface and identify the evidence and action available at each stage.