Coming soon. Multilateral Netting is in design, not yet live. These pages describe the planned primitive so anyone settling on the network - users, market makers, and desks alike - can evaluate it early; cycle timing, fee schedules, and membership criteria publish at launch.
The Cost of Gross Settlement
Every trade on the network settles alone today. Each fill pays the full toll - the bridge, the rebalance, the conversion - even when an equal and opposite flow crosses the network minutes later. Opposing flows cancel on paper; in fees, they don’t. That toll is the floor under every spread you’re quoted. Multilateral Netting makes the cancellation real. Settlement obligations accumulate on a clearing ledger, offset against each other each cycle, and only the residual moves through priced liquidity. The matched portion - the majority, in balanced flow - settles at bookkeeping cost. Industry analysis of cross-chain flows found roughly 80% of rebalancing activity nettable, putting an order-of-magnitude cost reduction on the table for the flows that match.Key Facts
A Clearing Module For Institutions
Like everything TetraFi ships, clearing is a primitive, not a venue. Plug into the shared clearing network as a participant - or run your own version of the module: your membership rules, your cycle cadence, your backstop order, your asset scope, under your compliance policy, the same way every workspace owns its router. The same module bends to very different books: a payment network netting corridor flows across chains, an issuer netting mints against redemptions, an OTC circle netting bilateral T+1 obligations down to one wire a day. And it composes with the rest of the stack - RFQ firm quotes, Router execution, T+0 Vaults liquidity - or stands alone as the cost layer under whatever you already run.Go Deeper
How It Works
The clearing cycle, the settlement choice, and where the residual goes.
Register Interest
Making markets, running a desk, or settling institutional flow? Get on the early list.