01
Routing engine
Best pricing across connected venues, optimized per order.
Execution layer · Perpetual futuresOne integration.
One integration.
Every perp venue.
PATH unifies routing, positions, and live market data across every major venue — centralized and decentralized. Non-custodial by design.
BTC-PERPMarket order · size 10.0
LongHyperliquid63,204.558%
Lighter63,206.042%
Ostium63,210.2—
BEST ROUTE · SPLIT FILL · 33MSRoute order
Net exposure3 markets · 4 venues
+$1,580LBTC-PERP+$1,240+2.4%
SETH-PERP−$180−0.6%
LSOL-PERP+$520+1.1%
UNIFIED BOOK · NON-CUSTODIALManage
Live marketsNormalized · every venue
LIVEBTC-PERP63,204.5+1.2%
ETH-PERP3,410.8−0.4%
SOL-PERP172.31+3.8%
MULTI-VENUE FEED · 12MSExplore
Unified positionsOne balance, across every venue
Live market dataNormalized pricing data feeds
Non-custodialFunds never leave your direct custody
Platform modules
Explore documentation →02
Unified positions
One position and balance, even when fills split across venues.
03
Live market data
Pricing and depth from every venue, normalized into one schema.
04
Non-custodial settlement
Funds remain in your custody while settlement happens with venues.
Integrated venues
Every venue, one system.
Connect once. Every venue PATH adds afterward is inherited automatically.
Unified venue layerOne API across every connected venue
4 CONNECTEDHyperliquidPerp DEX · Live
LighterPerp DEX · Live
OstiumPerp DEX · Live
Major CEXsOnboarding
New venue
Inherited on release
ONE API · NORMALIZED SCHEMA · NON-CUSTODIAL
How it works
From quote to position.
The full lifecycle of an order on PATH — explained in one diagram.
01
Quote
Symbol, side, size — one call
1 CALL02
Routing
Every venue priced in parallel
N VENUES
03
Verification
Depth ranked, split computed
DEPTH RANKED
04
Execution
Fills confirmed across venues
SPLIT · 33MS
05
Analytics
One position, full attribution
1 POSITIONEnterprise
Integrate once. Inherit every venue.
Talk to the team about access, venue coverage, and onboarding your product to the PATH execution layer.
