Native Documentation
  • introduction
    • Welcome
    • What is Native
      • Benefits for key players
    • Credit Margin Engine
    • Native Credit Pool
    • Build with Native
      • Credit API Introduction
      • Market Makers
        • Guide
          • REST API Integration
            • Orderbook
            • Firm-Quote
            • Sign-Quote
            • On-chain events for swap
            • Testing your API
          • WebSocket Integration
            • Orderbook
            • Firm-Quote
            • Sign-Quote
            • On-chain events for swap
          • Using Native Credit Pool
        • Credit API
          • GET Market maker settings
          • GET Token settings
          • GET Market maker positions
          • GET Available borrows
          • POST Verify settlement
          • POST Request settlement
          • POST Cancel settlement
          • POST Settlement status
          • POST Verify collateral removal
          • POST Request collateral removal
          • POST Cancel collateral removal
          • POST Collateral removal status
          • POST Liquidation
          • GET All market maker settings
      • Relayers
        • Guide
        • Swap API
          • GET Orderbook
          • GET Indicative quote
          • GET Firm quote
          • Bridge API
            • GET Indicative quote
            • GET Firm quote
            • GET Refund
            • GET Transaction history
            • GET Transaction status
        • Asset Issuers
        • Credit API Reference
        • System Status
      • Protocol
        • Addresses
        • Audits
      • Resources
        • Github
        • Business Source License
        • Media kit
      Powered by GitBook
      On this page

      What is Native

      Bringing radical capital efficiency on-chain

      PreviousWelcomeNextBenefits for key players

      Last updated 2 months ago

      Native is an intents-based, chain-abstraction liquidity infrastructure that transforms the traditional inventory-based trading paradigm into a credit-based system. It connects key players in the DeFi ecosystem — Liquidity Providers (LPs), Private Market Makers (PMMs), and Relayers (i.e., aggregators, solvers, fillers) — in an efficient and trustless manner.

      • LPs supply capital to credit pools, earning base yield from on-chain borrowing and credit yield from PMMs borrowing their capital for market-making.

      • PMMs access abstracted liquidity from a unified credit pool which allows them to quote using LPs' capital without relying on their own inventory.

      • Relayers leverage Native's deep network of PMMs that compete to provide traders the best quotes with CEX-like pricing.

      Native accomplishes this through the following conceptual architectural flow:

      Page cover image