The ultimate contradiction of DeFi perpetual contracts: CEXs are fast but lose self-custody, pure on-chain DEXs are secure but lag and have high Gas fees. Rails uses a practical hybrid architecture to perfectly break the deadlock: - Off-chain: high-performance matching engine, sub-millisecond execution, low slippage, CEX-level experience - On-chain: funds are always managed by Ink L2 smart contracts, with batch settlements every 30 seconds using Merkle roots + ZK proofs, verifiable and tamper-proof -

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