Introduction
Gryps.trade is the next generation of on‑chain perpetuals: an intent‑based DEX that combines institutional‑grade execution with uncompromising self‑custody. Built on Symmio’s trustless clearing layer and powered by Orbs’ solver network, Gryps delivers the speed, depth, and capital efficiency traders expect from CEXs—without giving up ownership of funds.
What that means for you:
- Lightning‑fast quote discovery through competitive solver auctions (RFQ)
- Deep liquidity and tight spreads, even at higher leverages
- On‑chain, bilateral settlement—transparent, verifiable, self‑custodied
- A clean, pro‑grade trading experience built for both retail and power users
How it works (at a glance):
- You submit an intent (desired direction/size/leverage).
- Solvers compete to quote you the best price.
- You accept a quote; Symmio settles the position on‑chain, secured by your USDC collateral.
- Manage risk with cross‑margin, and close whenever you’re ready.
Key facts
- Supported chains: Arbitrum
- Collateral: USDC (cross‑margin)
- Withdrawals: finalized after a 12‑hour fraud‑proof window
This documentation provides a concise product overview, a practical trading guide, and a deeper dive into the protocol architecture, markets, and risk model.
Why Gryps vs CEX and other perps
- Non‑custodial by design: keep USDC in your wallet‑controlled account; on‑chain settlement for every fill.
- Binance‑grade execution: competitive RFQ auction among solvers targets tight spreads and fast fills.
- Capital efficiency: cross‑margin nets UPNL across positions to reduce unnecessary liquidations.
- Transparent risk: IM/MM, funding, and health are visible and auditable on‑chain.
- Focused listings: top Binance perps only (no long‑tail), concentrating liquidity where it matters.