Overview
Arkis Protocol is designed to provide a DeFi prime brokerage infrastructure that is semi-decentralized, combining the best of both Web2 and Web3 worlds. There are 2 core modules of the system, Arkis DMA and Akis Risk Management.
Arkis DMA
Arkis DMA (Direct market access) is an ecosystem of decentralised applications designed to securely provide leverage trading functions to Asset Managers. At a high level, Arkis DMA comprises smart contracts for maintaining leverage and deposit records, liquidation signal listeners, and adapters to whitelisted DeFi Protocols, Pools and Tokens. This system is responsible for:
Deploying or allocating Margin Accounts upon receiving authorised requests.
Executing exchanges, decreasing, and increasing positions on whitelisted protocols and assets.
Executing necessary steps for Margin Account liquidation and allocation.
Maintaining whitelists and system thresholds.
Asset Manager may request as many Margin Accounts as required. Each Margin Account is designed to borrow a single token, and once it’s fully provisioned, the Margin Engine adds its address for risk monitoring. All operations linked to a Margin Account are executed directly on-chain, with no need for Arkis centralized services. Arkis DMA system acts as a mediator between Asset Managers and DeFi protocols & pools, ensuring a seamless trading experience while effectively mitigating risks associated with leverage returns for Liquidity Providers.
Additionally, it includes a set of Arkis smart contracts designed to automate on-chain leverage flow. These functions include staking pools, leverage allocation and returns, distribution of accrued interest, and others
Arkis Risk Management
Arkis Risk Management is low-latency, highly available centralised systems that ensure robust health factor analysis and effective capital protection. This system is responsible for:
Assess portfolios of margin accounts accordingly to terms of agreement
Calculate market value of portfolio
Calculate stress tested value of portfolio & risk factor according to the terms of agreement
Fulfill Margin Account allocation request & liquidate unhealthy margin accounts
Arkis Risk Management comprises Margin Engine and Analytics designed to capture every relevant business and system event.
How it Works
Arkis Protocol providers tailored staking pools to meet the specific criteria of Asset Managers and Liquidity Providers, as well as it offers general-purpose pools. Each pool (a.k.a Agreement) follows a strict security policy that includes whitelisted participants, a defined set of allowed protocols, pools, and tokens, as well as other system configurations.
Once Asset Managers and Liquidity Providers are whitelisted at the pool level, they can view the agreement specifications, monitor the pool’s capacity, and interact with the pool according to their roles, directly from approved wallets.
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