Reference
Whitepaper
The Moorix whitepaper, in full. The single source of truth for these docs.
Moorix: trade anything from any chain, and never get liquidated.
$MORX · moorix.app · Settle: USDG · Home chain: Robinhood Chain (4663)
X: Moorix — Stay Moored
Bio: No-liquidation perp DEX + all-in-one trading tools. Every chain in, one harbor. · $MORX · moorix.app
Links: moorix.app · dapp.moorix.app · docs.moorix.app · X @moorixapp · Telegram t.me/moorixapp
Name
Moorix ($MORX) · moorix.app
Something in the fog holds your position.
To moor is to bind a vessel to a fixed point that no storm can break. Somewhere past the harbor lights, Moorix keeps every position tethered. Wicks pass through like weather. The tide rises, the tide falls, and you remain.
Tagline: Stay moored.
Short description
Moorix is the perp DEX where you cannot be liquidated, with an all-in-one toolkit built around it. Enter from any chain, trade 24/7, and anchor every position on Robinhood Chain, where your stocks become margin. Your max loss is revealed the moment you enter, and nothing hunts your position in the dark.
USP
They built better liquidation engines. We removed the liquidator.
- No liquidation price. Your max loss is the margin you posted, revealed the moment you enter. Nothing hunts your position in the dark.
- A risk premium replaces the liquidator. The venue's worst night, the cascade, becomes a quiet, priced, recurring revenue line.
- Many doors, one harbor. Enter from every chain into one order book, one oracle set and one vault. Liquidity is never split.
- One harbor for everything. Trading, bridging, hedging, tracking and research live in one place. No more ten tabs and five wallets.
- Native USDG rails. No bridge token, no wrapped assets.
- Stock tokens as margin. Possible only on Robinhood Chain, and it fills the chain's most documented gap.
- A vault that hedges itself. Others bolt hedging on from outside (hJLP, Vectis, Hedgy); Moorix does it natively.
- No auto-deleveraging, ever. Winners are never pulled under to plug someone else's hole.
- $MORX is a key, not a vote. Holding it unlocks real capabilities of the harbor.
- 100% of protocol fees go to buyback and burn. Supply sinks toward a declared floor, fed by a revenue line no rival has.
Description
Every perp venue in 2026 is racing to build a sharper blade. GMX, dYdX, Hyperliquid, Drift, Avantis and Reya all compete on a better liquidation engine. Moorix put the blade down.
The Doors (omnichain access)
Enter from Ethereum, Solana, Base, Arbitrum, BNB, Ink, X Layer, Hyperliquid, Plume, Aptos or Robinhood Chain.
- USDG arrives in 8-20 seconds through CCTP V2 and ERC-7683 intents; one signature both funds you and opens the position.
- Collateral from every shore flows into a single cross-margined account.
- Gas is paid in USDG, drawn from your margin.
- Leave through any door, not only the one you came in by.
Other chains are passages, not venues. There is only one room.
The Harbor (Robinhood Chain)
Execution, settlement and the vault rest here. Those who arrive by this route receive what others cannot:
- NVDA, TSLA, AAPL, HOOD, SPY and QQQ stock tokens posted as margin
- no cross-chain hop, ~100ms blocks
- a lower taker fee
- native USDG
- instant minting of mUSDG, the vault's LP token
- 24/7 equity perps, with a separate premium schedule for the hours when markets are closed and the world is asleep
The Venue
-
Defined-Risk Perps. No liquidation price. A quiet premium streams from your margin, block by block, as rent paid to the vault for holding your tail. When the margin runs dry, the position closes at mark. No penalty, no cascade, no one left holding the loss. A long that would have been wicked out at -8% is still alive when the price returns.
-
Classic Mode. Up to 50x with liquidations on, for those who prefer the old ways. Same book, same vault; cross over mid-trade.
-
mUSDG. The LP token that never bets against you. It earns fees, premium and funding while the vault runs flat.
-
Market Bay. Anyone can open a market, and its oracle class decides how deep the leverage goes:
Class Oracle Max leverage A Licensed feed up to 50x B Decentralized oracle up to 20x C On-chain TWAP up to 5x D Attested API up to 2x, defined-risk only A market no one trades fades away at its 24h TWAP. It never vanishes overnight.
The Lighthouse (all-in-one tools)
Around the venue stands the lighthouse: every tool a trader needs, in one place.
- one portfolio across every chain: perps, spot, stock tokens and vault positions
- bridge and swap routed from inside the terminal
- hedge builder to protect spot and stock holdings with one click
- market scanner for funding, open interest, premium and volume
- alerts for price, funding and margin runway
- survivability simulator and live premium curve
Stated plainly on every ticket: protection costs a higher carry. No liquidation does not mean no risk.
Utility
- Defined-risk perps with no liquidation price and max loss revealed at entry
- Classic cross-margined perps up to 50x with the cheapest carry
- Mode switch per position, including crossing from Classic to Defined-Risk mid-trade
- 24/7 markets for crypto, tokenized stocks, indices, commodities, FX and pre-IPO names
- USDG deposits from 11 chains, funded in 8-20 seconds with one signature
- One unified cross-margin account across every chain, with volatility-adjusted haircuts
- Gas paid in USDG from margin, on every chain
- Withdrawals to any supported chain, not only the one you arrived from
- Stock tokens as margin at a 70-80% haircut, on Robinhood Chain only
- Other collateral: USDG 100%, ETH 90%, blue-chip crypto 85%, mUSDG 95%, $MORX 50%
- mUSDG vault: deposit USDG and earn fees, risk premium and funding, delta-hedged
- Omnichain portfolio dashboard that tracks perps, spot, stock tokens and vault positions in one view
- Built-in bridge and swap router, so you never leave the terminal to move funds
- One-click hedge builder: protect a spot or stock token bag with a defined-risk short
- Market scanner for funding rates, open interest, premium and volume across every market
- Alerts for price, funding flips and margin runway, delivered to web, Telegram and X
- Survivability simulator that replays the wicks that would have taken you on a classic perp but not here
- Live premium curve that always shows exactly what protection costs
- Market Bay with permissionless listing gated by oracle class, where dead markets retire quietly
- Market creators hold a permanent, transferable share of their market's fees
- On-chain referrals, bound forever and paid from taker fees
- Private RFQ and block desk for size that shouldn't touch the book
- SDK, REST/WebSocket API, open-source vault and risk contracts, and an embeddable trading widget
Utility for holders
$MORX is not a governance token with a chart. It is a key to the harbor. The deeper you hold, the more of the harbor opens to you.
(Numbers are illustrative and tunable at launch, not promises.)
The Ranks
Open (0 $MORX) Base rates. The harbor is open, but the inner rooms are not.
Deckhand (1,000 $MORX) Risk premium -10% · trading fee -10% · Defined-Risk position cap 2x · stock token haircut 72% · vault capacity 10K USDG · referral 22% · points 1.1x
Navigator (10,000 $MORX) Risk premium -20% · trading fee -25% · position cap 5x · stock token haircut 75% · new markets 24h before the public · cross-chain gas sponsored · raised API limits · advanced scanner and alerts · vault capacity 100K USDG · referral 26% · points 1.25x
Captain (100,000 $MORX) Risk premium -30% · trading fee -40% · position cap 15x · stock token haircut 78% · new markets 48h early · priority withdrawal queue · vault capacity 1M USDG · referral 32% · market creator revshare 35% · points 1.5x
Admiral (1,000,000 $MORX) Risk premium -40% · trading fee -50% · position cap unlimited · stock token haircut 80% · new markets 72h early plus market proposal rights · private RFQ and block desk · API colocation · vault capacity 10M USDG · referral 40% · market creator revshare 40% · points 2x
| Rank | $MORX held | Risk premium | Trading fee | Position cap | Stock haircut | Vault capacity | Referral | Points |
|---|---|---|---|---|---|---|---|---|
| Open | 0 | base | base | — | — | — | — | — |
| Deckhand | 1,000 | -10% | -10% | 2x | 72% | 10K USDG | 22% | 1.1x |
| Navigator | 10,000 | -20% | -25% | 5x | 75% | 100K USDG | 26% | 1.25x |
| Captain | 100,000 | -30% | -40% | 15x | 78% | 1M USDG | 32% | 1.5x |
| Admiral | 1,000,000 | -40% | -50% | unlimited | 80% | 10M USDG | 40% | 2x |
Swipe the table to see all 9 columns →
What lies beneath
- Buyback and burn with 100% of protocol fees. Every day the harbor buys $MORX on the open market: 50% is burned forever, 50% flows to stakers. A live burn counter on the homepage and a declared supply floor, 1B sinking toward 400M.
- Cheaper protection while you hold. Staking lowers the risk premium on your own open positions, and you can watch the saving tick down block by block. No other perp token discounts the flagship product itself.
- Vault capacity staking. 1 staked $MORX opens 10 USDG of mUSDG deposit capacity. As the vault grows, more $MORX is locked away.
- sMORX, the junior tranche. Staked $MORX guards the vault's tail and is paid a premium for that watch. mUSDG sleeps soundly as the senior tranche; sMORX stands the night shift and earns for it.
- Collateral. $MORX is postable as margin at a conservative 50% haircut.
- Full lighthouse access. Higher ranks unlock the advanced scanner, deeper alerts, raised API limits and the block desk.
- Listing rights. Market Bay listing bonds payable in $MORX at a discount, with priority ticker reservation and faster oracle-class review.
- Early sight. Higher ranks see new markets 24-72 hours before anyone else.
- Season points that convert to $MORX, boosted by rank, with retroactive sweeps that clear out sybils.
- Governance where it matters. Holders set collateral haircuts, the risk premium curve, oracle class definitions, leverage caps, new chain integrations and the burn/staker split. These are the parameters that decide whether the harbor holds when the storm comes.
Deliberately absent: no perpetual emissions, no ve-lock bribe markets, no rebasing, no "revenue share" that is secretly inflation.