How It Works

At the core of Pascal is a deterministic clearing engine that replaces opaque, siloed margin systems with a shared infrastructure layer for all of DeFi.Pascal clears risk at the portfolio level, enabling capital-efficient trading, predictable outcomes, and system-wide composability.

Step-by-Step: How Pascal Protocol Works

Risk is Assessed Across the Entire Portfolio

The protocol determines the minimum collateral needed to support the user’s full portfolio. This reduces overcollateralization and frees up capital for more trading.

Collateral Requirements Are Netted

The protocol determines the minimum collateral needed to support the user’s full portfolio. This reduces overcollateralization and frees up capital for more trading.

Smart Contracts Lock Only What’s Needed

The clearing engine then locks only the calculated margin via smart contracts — no more, no less. All enforcement is deterministic, transparent, and verifiable.

Real-Time Risk Adjustments

Oracles feed in updated market data. Positions are re-evaluated in real time. If the risk profile changes, margin requirements update accordingly.

Liquidations Are Protocol-Enforced

If a portfolio breaches its risk threshold, Pascal's liquidation bots initiate position unwinding via auction logic or pre-set fallback rules — automatically and fairly.

What Makes it Diferrent

Portfolio-Based Netting

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

Deterministic Margining

Zero human discretion, all smart contract enforced.

Composable Risk Layer

Other protocols, platforms, and apps can plug into Pascal’s clearing logic.

Gas-Efficient Architecture

Built for scale with predictable gas profiles.

How It Works

About Pascal

Protocol

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