Rails is a perpetual trading platform that seamlessly handshakes between centralized order processing and on chain custody bringing users the best of both worlds on one platform. Rails is deployed on Kraken’s Layer 2 network (Ink). For this system, we require EVM compatible wallets (Metamask) to hold funds and interact with our smart contracts.

Once funds are deposited in our audited smart contracts, they are recognized by our central trading platform. Market Makers can then connect through a web-socket to execute various trading actions, such as posting, canceling, or updating trades. Additionally, the current order book can be accessed via this web-socket connection.