Documentation
ACE · Technical reference

Documentation

The precise version of everything the overview says: how markets are constructed, what a committed bid is, how loans originate, settle, liquidate and recover — and why none of it needs an oracle.

Get started
System overview
What ACE is, what it has no need of, and how markets stay isolated.
Architecture
The v4 pool, the hook that holds the book, and what each contract owns.
Market parameters
Every value fixed at deployment, and what each one decides.
Core concepts
The book
Committed bids on a tick grid: how depth is placed, priced and consumed.
Lending
Placing a bid, where the return comes from, and what curators do.
Borrowing
Drawing against committed depth, self-repayment and rollovers.
The mark & persistence
The settlement reference the pool prints, and why only persistence counts.
Loan lifecycle
Liquidation & recovery
The pending window, what a liquidation transfers, and recovery.
Settlement at term
What happens at term, and how a shortfall is handled.
Reference
Security model
The attacks an oracle-free market removes, and the ones it keeps.
Application surface
What the surface makes possible for venues, curators and issuers.
Glossary
Every term used in this reference, defined once.
Elsewhere
Whitepaper
The paper the reference is drawn from, with the proofs and the references. Also a PDF.
Overview
The short version, for people who have not met ACE yet.