Isolated perpetuals

Defined collateral. Visible position risk.

An intended perpetual trading experience where the customer explicitly commits collateral to a position and can understand its status, risks and exit process.

Product information describes the intended offering. Scope, availability and rollout are agreed with each bank, subject to the applicable product, provider and approval requirements.

The position has an explicit boundary.

01

Committed collateral

Only explicitly committed position collateral supports the isolated position.

02

No automatic top-up

Unrelated wallet funds are not automatically drawn into the position.

03

Visible position state

Show the provider’s position, margin and liquidation information with appropriate context.

04

Provider-native rules

Entries, adjustments, exits and liquidation follow the selected venue’s rules.

Understand the position from opening to close.

  1. Select

    Choose an eligible market and the intended position.

  2. Commit

    Review and explicitly authorise the collateral being committed.

  3. Monitor

    Show the current position and material risk information.

  4. Close & reconcile

    Track the actual closing outcome and resulting payout.

Leverage needs a clear explanation.

Leverage can amplify losses and liquidation can occur under the venue’s rules. Isolation describes the position’s collateral boundary; it does not remove market, protocol or execution risk.

Additional entries that a venue merges form one larger position. The interface must reflect the provider’s actual position structure.

Equity perpetuals remain deferred. No native Bitcoin collateral support is implied at every venue.

Operating model

Each party has a clear role.

01

Your bank

Owns the customer relationship, eligibility, product and asset selection, bank controls, fiat decisions and final integration.

02

Your customer

Reviews the intended action and gives the authorisation required for that product or bounded future instruction.

03

Mammoth

Provides reusable interfaces and integrations, transaction validation, monitoring, reconciliation and product records.

04

Execution providers

Execute the relevant action and apply their own contract, service, issuer or protocol rules.

A little more detail

Questions, answered.

The practical details behind the intended offering.

Can another wallet holding automatically support a losing position?

The intended isolated model does not automatically top up a position from unrelated wallet funds.

Does isolation eliminate liquidation risk?

No. The committed collateral remains exposed to the position’s risks, including liquidation under the venue’s rules.

Is borrowing collateral isolated in the same way?

That must not be assumed. Borrowing follows its own protocol and market rules, which can differ from the isolated perpetual model.

Have another question? Ask Mammoth

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