The LXDX Exchange is a crypto exchange operated out of LXDX's high performance data centers with the mandate to deliver superlative performance and reliability.

Reliability is nonetheless best-effort and Users should be advised that system performance may degrade or temporarily become unavailable.

1. Redundancy

1.1 All of the following primary systems operating within the Exchange's Core are designed to be maximally fault tolerant and redundant.

  • Matching Engines
  • Internal Gateways
  • External Gateways
  • Slow Path Gateways
  • Active Databases
  • Passive Databases

1.2 Most failures are hot-recoverable; Users should experience a few seconds of delay while systems transition over, but generally most failures are invisible to end users.

1.3 Serious or multi-system failures require the issuance of a Trading Halt. When this occurs, to the greatest degree possible, the Trading Halt will be issued to the minimum set of affected products.

2. Web Performance

2.1 Users looking to ensure reliable connectivity to the Exchange should consider colocation and connection via Binary or FIX. LXDX makes best attempts to provide reliable Market Data and Order Routing to Web API users but, as these systems, are exposed to the public internet, reliability guarantees are significantly weaker.

2.2 Users trading via the internet may experience periods of limited or degraded connectivity due to DDoS attacks or networking issues in the AWS Cloud layer that disseminates messages.

3. External Dependencies

3.1 The Fair Price for all Warrants depends on connectivity to external 3rd party exchanges via API. While best-attempts have been made to ensure reliably connectivity, there may be intermittent or delayed data from the Marking Service.

3.2 Settlement of products with dependencies on external resources is overseen by Market Operations. For specific details on how a product handles challenges in Settlement, see the individual product's Contract Specifications.