Automated Rate Management (ARM) for Sellers
ARM keeps your rate in line with the market. Instead of entering a fixed rate, you set a premium or discount versus the market rate (your price edge), and the protocol prices each new order from an on-chain price feed.
How it works
When a buyer starts an order against your deposit, the protocol:
- Reads the latest market rate from the currency's price feed.
- Applies your premium or discount.
- Uses the higher of that rate and your floor, if you set one.
If the feed is stale or unavailable, that currency pair pauses until the feed recovers. Your floor doesn't apply during an outage.
Most currencies use Chainlink feeds; CNY and INR use the protocol's own FX feeds. ARM is currently available for USD, AUD, CAD, CHF, CNY, EUR, GBP, IDR, INR, MXN, NZD, PHP, SGD, TRY and ZAR. In the deposit form, each currency is marked ARM or Manual.
ARM vs fixed rates
| ARM (default where available) | Fixed rate | |
|---|---|---|
| Rate updates | Automatic, follows the market | You update it yourself |
| Effort | Set your price edge, adjust occasionally | Monitor and update regularly |
| Market risk | Tracks the market | Can go stale |