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Coming soon. Multilateral Netting opens to design partners first. Paths, field names, and schemas below are the planned shape; final versions publish at launch.
  • Five touchpoints, the same for every book - agent usage, loans, invoices, trades.
  • You never call a clearing contract to submit or settle - you sign once, and the protocol can use that signature only inside your window and only for your net.
  • The run itself: How It Works.

Onboard

  • Workspace and API key - as for any TetraFi API (Authentication).
  • Credentials admit you - a verified legal entity, sanctions-clear standing, rulebook adherence, and one completed test run. Nobody hand-picks applicants.
  • Set your policy domain - who you net with (each pair approves the other), your deadline-tier menu, and your visibility slice.
Key fields: legal entity, credentials held, counterparty sets, deadline tiers.

Submit Obligations

An obligation is one debt: who owes whom, how much, in which asset on which chain, by when. Three ways in, set by who asserts the debt: No edit path for trade-born obligations: a correction is a signed offsetting entry, never an amendment. Key fields: counterparty, asset and chain, amount, deadline, and an Idempotency-Key header on every write.

Sign Once

  • One EIP-712 signature per obligation carries everything - the debt, where its funding comes from, the window it may be locked in, a lock limit bound to the run, and the compliance policy it was accepted under.
  • Enforced on-chain - it travels as a Permit2 witness or inside an ERC-3009 authorization, so the window is enforced at lock time.
  • Any custody stack that signs EIP-712 typed data can produce it.
  • Signing is off-chain - beyond a one-time Permit2 approval per token, you never call a clearing contract to submit or settle.
Key fields: obligation, funding sources, window (notBefore, notAfter), lock limit, compliance policy hash.

Each Run

Runs follow your deadlines. For each one:
1

Notice

A notice.published event brings your net per asset and chain - arithmetic over debts you already signed.
2

Object or stay silent

POST /clearing/objections names obligation ids inside the notice window. Silence accepts.
3

Lock

When the lock window opens, your signature locks your net - never more - into your own escrow position for that run. Until then your capital stays in your wallet.
4

Commit and release

When the lock window closes, the run commits over everything that locked and balances, and pays out only along obligations you signed. A side that didn’t lock drops out with whatever depended on it, is refunded, and carries to the next run - nothing is recomputed.
Late counterparty on a paired trade? POST /clearing/resolutions records your choice: accept a buy-in bid from the auction or the vault, wait, or declare. Key fields: run id, net per asset and chain, notice window, lock window.

Reconcile

  • One statement per run - every obligation it touched (signed, set off, remaining) with its lock, release, refund, and fee lines: your gross book mapped to the net that moved.
  • ISO 20022 exports - camt.053 for the statement, pacs.009 for each released net.
  • Provably the agreed copy - the statement’s hash is committed on-chain.
Surface: GET /clearing/runs/{id}/statement and settlement.released events.

How a Debt Ends

Endpoint and Event Map

Events, pushed to the webhook you register: batch.analyzed, notice.published, run.committed, settlement.released, obligation.late, payout.settled.

On-Chain

  • Clearing record - every obligation and its state, encrypted so each member reads only its own
  • Verifier - checks each run’s validity proof before anything commits
  • Run escrow - one position per payer per run; it pays only along obligations that payer signed and refunds to the payer after a timeout, which anyone can trigger - no key of ours can send funds anywhere else
  • Settlement endpoints - one per chain, where net movements land
You never call them to submit or settle; the protocol exercises your signature inside your window.

Agentic Netting

What an agent platform adds: batches from your stack, analysis mode, payouts.

Register Interest

Join the design partners integrating first.