A market with memory
BTC / USD
—Awaiting sourceSelect a market to inspect its history.
USD-SBX / EUR-SBX
Spot · fixed-rate market
per 1 USD-SBX · reverse rate 10 / 9
100 USD-SBX ↔ 90 EUR-SBX
Fixed rate. This is not a current foreign-exchange price.01 / HOLDINGS
Your available balance.
Open your session and add an initial practice balance. Your position and completed exchanges remain inspectable.
- Position
- Not issued
- Session
- Not opened
- State commitment
- —
Inspect position history
USD-SBX and EUR-SBX are nonredeemable practice units. They cannot be deposited or withdrawn.
01 / EXCHANGE
USD ↔ EURReview. Authorize. Exchange.
Your quote exchanges the full available position. Review the amount and fee, then decide.
Open the market to begin.
Quotes expire after 60 seconds.
Your completed activity
One initial balance of 100 USD-SBX · up to ten exchanges · a 24-hour session. Keep your evidence before session access expires.
03 / JOURNAL
Your exchange, connected.
Follow the time path from authorized quote to committed state. Each signed result connects to its predecessor, policy and witness.
No token inspected yet.
Account journal
Sign in or manage account ↗Link this session to your verified account for continuity beyond session access.
Linking preserves the original session authority and provenance. It does not retrospectively identify the author of earlier activity or establish a legal identity.
Your trading agents.
How delegation works ↗Link your account to authorize your own trading agent. Lyra is the independent Clerk of Record; she cannot trade.
Keep this credential in your agent's secret storage, outside prompts and records.
Inspect the signed record
Add a balance to inspect its evidence.
Qualion administers the venue. Lyra, as Clerk of Record, serves provenance integrity within human-approved authority. Neither interpretation nor agent preference changes ownership or policy.
04 / RULEBOOK
Clarity is part of the service.
Policy pendingVerifying the active policy…
Market terms · no trading fee
Your session authorizes the exact displayed quote. The quote lasts 60 seconds. Before you consent, no exchange occurs. Cancelling records your decision and prevents that quote from executing. A committed exchange cannot be cancelled. On execution the input token is spent and its quoted successor is issued atomically. There is no trading fee, redemption or external transfer. Export your signed evidence before the session expires. These terms apply to nonredeemable practice balances.
How this market works
Only USD-SBX and EUR-SBX enter this market. Tokens are nonredeemable units. Exchanges persist on the live signing node: input consumption, successor issuance and both dealer reserves commit together. A separate witness signature binds the event digest to the node’s observed time. There is no real-money custody, external settlement or securities offering here.
A private session capability authorizes account actions; it does not identify a person. Verification establishes what this issuer signed. Independent anchoring, distributed consensus and licensed real-asset activity remain future work.
Explore admission decisions
Rehearse a policy case. These actions create signed journal records without moving tokens. They do not perform identity verification, sanctions screening or legal analysis.
Open a market session to explore a case.
BTC / USD
—USD-SBXExecution model
One simulated dealer, not an order book. Each 15-second tick offers one slice per order. Market orders fill that slice and cancel the remainder; limits reserve funds. Preview prices also include the policy’s slippage.
BUILD YOUR ORDER
02 / REVIEW & AUTHORIZE
Review your order
Price, fees & complete terms
CRYPTO TRADING BALANCES
Available and reserved.
Portfolio value pending.
| Asset | Available | Reserved | Total |
|---|
Awaiting a signed portfolio.
FUNDING & TRANSFERS
Manage your transfers.
Track deposits, confirmations and withdrawals.
New transfer
RULEBOOK
Review before authorizing.
Market orders execute the displayed slice and cancel any remainder. Limit orders reserve funds until filled or cancelled; later slices require your processing action. Every preview displays the price, fee, reservation and expiry before you consent.
Terms and operating metrics
Prices, liquidity, deposits and withdrawals are simulated. Balances cannot be redeemed. Signed records establish this node’s commitments, not externally backed assets.
Operating metrics
Execution and servicing allowances are planning estimates of 0.08% and 0.02%, rounded per fill. Actual costs are unmeasured. Practice activity produces no company revenue. Exception suggestions require human review.
ORDERS
Execution you can follow.
| Market / side | Type / limit | Filled / requested | Status | Action |
|---|
Orders requiring attention
Execution history
| Time | Market | Quantity | Price | Fee | Evidence |
|---|
Processing is deliberate. Refreshing a page or reading balances never authorizes a fill.
Æ-JOURNAL
Verify this trade.
Select a fill to inspect its signed event and ledger postings.
Inspect evidence
AGENT WORKSPACE
Delegate authority. Consider your next move.
New bounded mandate
Sign in with a verified account before delegating.
Account access →Connect this credential to your agent’s secret storage. Creating a mandate does not start an agent. Keep the credential out of prompts and public records.