ZENTIS

Market making · Three chains · One book

One mid everywhere. No bridge anywhere.

One position. Three legs. One book.

One position, quoted in three places from one mainnet reference, with the inventory carried as a single book. The legs are allowed to differ; nothing has to move for the position to stay whole.

the midSepolia50.5% USDC · 49.5% WETH−152 bpsBase Sepolia50.5% USDC · 49.5% WETH−141 bpsArbitrum Sepolia50.5% USDC · 49.5% WETH−140 bps
One mainnet mid, three legs quoting from it. Each bar is what that leg holds; the tick is how far its quote sits off the mid, and which way it leans.recorded moment · seq 1789267790 · Uniswap v3 mainnet USDC/WETH, via The Graph · bps at BPS 10,000

The quote

A correction back onto the mid, then a concession for what the leg is long of — bounded by what moving the inventory would have cost.

Sepoliacorrection −199 · concession +47 (own +50, book +24) · boundary took 27 · published −152Base Sepoliacorrection −197 · concession +56 (own +49, book +24) · boundary took 17 · published −141Arbitrum Sepoliacorrection −193 · concession +53 (own +48, book +24) · boundary took 19 · published −140
Each leg's quote is a correction back onto the mid, plus a concession for the inventory it holds. The bracket is the boundary — the most that leg may concede, priced off a real bridge quote.recorded moment · seq 1789267790 · console recomputation beside the published shift
Sepolia53 bpsbase 10 · volatility 3 · markout 0 · staleness 40Base Sepolia53 bpsbase 10 · volatility 3 · markout 0 · staleness 40Arbitrum Sepolia253 bpsbase 10 · volatility 3 · markout 200 · staleness 40
Around the tilt sits a spread: a base, a term for volatility, a markout term for how the reference moved after the last fills, and a widening for the reference's own age.recorded moment · seq 1789267790 · terms as the router adds them, bps

What the cross-chain term buys

The book-wide term is a dial on risk, not a source of profit. The edge is earned leg by leg; what the shared reference adds is the mid, and a way to lean the whole book at once.

−152Sepolia−141Base Sepolia−140Arbitrum Sepoliacrossing between them: +24 bps — a number, not an amount
Between the chains there is one signed number and nothing else. No inventory moves; the legs are simply allowed to differ, and the book carries the difference.recorded moment · seq 1789267790 · the book concession, the one term shared across legs

Built on

  • execution

    1inch

    Custom SwapVM instructions running on the official, unmodified Aqua and SwapVM contracts.

  • data

    The Graph

    A standardized Aqua position schema, and a fills subgraph on each of the three testnets.

  • compute

    Chainlink

    A confidential workflow that computes the tilt inside a TEE and writes the reference registry.

Try it out.

ConsoleReplay