Execution Flow

The complete execution flow through Deluthium Dark:

Step 1: Order Submission. A user (fund, protocol, market maker, trader) submits a trade through the Deluthium interface or API. The API is machine-readable by design, natively supporting programmatic order flow.

Step 2: Intent Protection. The order enters the Dark Pool. It does not touch the public mempool. The order's direction, size, and price are encrypted and invisible to external observers.

Step 3: Intelligent Routing. The RL engine reads real-time market state and determines the optimal execution strategy. Large orders are decomposed into sub-orders. Each sub-order is routed to the best available source: institutional market maker committed quotes or onchain AMM liquidity, whichever delivers better execution for that specific portion.

Step 4: Fair Matching. Sub-orders are matched within the Dark Pool under CPO-FOAM rules. Orders are ranked by price priority, not by gas payment or timestamp. No participant can purchase queue position.

Step 5: Atomic Settlement. The matched trade settles as a single atomic transaction through the Credit Vault. Full execution or full revert. ZK-Merkle Tree proof is published onchain immediately, opening the 14-day verification window.