Technical Implementation
Mash Markets is built on Solana, a high-performance blockchain known for its low latency and high throughput. Here’s an overview of the key components of Mash Markets’ technical stack:
Smart Contracts:
- Mash Markets’ core functionality relies on Solana smart contracts to manage liquidity pools, execute trades, and handle margin and liquidation processes.
- The contracts are designed to be trustless, meaning users maintain full control over their assets at all times.
Price Oracles:
- Mash Markets uses Pyth and Switchboard oracles to provide real-time pricing for assets. This ensures that all trades are executed based on accurate market data.
- Users can create custom price feeds (oracles) for new assets, which are integrated into the platform’s pricing mechanism.
Leverage and Liquidation Mechanism:
- Mash Markets enables traders to use up to 100x leverage. This is made possible through efficient collateral management and a robust liquidation mechanism.
- If a trader’s collateral falls below the required margin level, the position is liquidated to protect liquidity providers from losses.
Transaction Speed and Scalability:
- Solana’s architecture allows Mash Markets to process thousands of transactions per second, ensuring that trades are executed instantly, with low fees.
- The platform is highly scalable and can accommodate an increasing number of users without compromising performance.