Pascal Protocol | Defi success depends on Clearing

$35 Trillion Opportunity

Crypto Derivatives missing entire category of infrastructure. Its volume should be 5-10x larger than they are today. The scale of clearing is difficult to comprehend.

Clearing: The Invisible Engine
Behind Marketscal Difference

Clearing is what happens between a trade and its settlement. 
It the amount of money and assets move to the right parties, at the right time — without counterparty risk.

Want to understand clearing at its foundation?

Read the Investopedia Guide

In TradFi

Clearinghouses do this process. They calculate margin, net risk across positions, and handle collateral, settlement, and liquidation — so trades don’t default.

In DeFi

It’s invisible, but critical. It's largely missing. Without clearing, DeFi trading is overcollateralized, fragmented, and inefficient. With it, we unlock the next $35T opportunity.

Ecosystem Map: TradFi vs DeFi Market Structure

Buy Side

Regulatory & Compliance Infrastructure

Trading Venues

Connectivity & APIs

Order Execution & Routing

Governance & Oversight

Post-Trade Infrastructure

Contracts & Instruments

Collateral & Margin Management

Other Critical Functions

Data & Analytics

Infrastructure Providers

Sell Side

Regulatory & Compliance Infrastructure

Post-Trade Infrastructure

Contracts & Instruments

Trading Venues

Connectivity & APIs

Collateral & Margin Management

Other Critical Functions

Order Execution & Routing

Governance & Oversight

Data & Analytics

Infrastructure Providers

The Pascal Difference

Transparent Clearing:

Verifiable, deterministic logic ensuring clarity and trust at every trade.

Composable Infrastructure:

Plug-and-play integration enabling rapid and reliable DeFi innovation.

Risk Managed:

Institutional-grade risk management embedded directly at the protocol layer.

Powerful Infrastructure

Up to 100 Mgas/s:

Our chain is built to handle massive transaction loads effortlessly, ensuring unmatched speed and scalability.

Predictable Gas Costs:

Enjoy all benefits of a dedicated settlement environment with predictable gas costs, significantly lower than popular L2s.

Running Smart Clearing:

Shifts risk from a single asset basis to a diversified portfolio. Optimizes collateral by locking only what’s needed for the entire portfolio. Endures deterministic outcomes even during high market volatility.

Build on Pascal

Why Build on Pascal?

Whether you're crafting a trading platform, developing market analytics, or designing portfolio management tools, CVEX provides the robust foundation you need.

With battle-tested APIs, modular tools, and cross-chain interoperability, you can focus on creating value, not managing infrastructure. From AI-driven trading engines to customizable dashboards, Pascal empowers you to build scalable solutions that redefine finance.

We invite you on our WhitePaper where you will find Comprehensive API Documentation, Development Tools and examples to follow

Start Building on Pascal

Clearing: The Invisible Engine
Behind Marketscal Difference