SuperLoop is the first Cobo Portal App developed by Cobo. SuperLoop is an off-exchange settlement network that allows you to trade on exchanges without worrying about counterparty risks.

Key features

For asset managers

  • Increased confidence: Trade on exchanges with greater confidence and efficiency.
  • Minimized counterparty risk: Remove the need to pre-fund on exchanges, reducing exposure to counterparty risk.
  • Capital efficiency: Allocate assets to supported exchanges instantly, reducing delays from on-chain transfers.
  • Regulatory compliance: SuperLoop adds an extra layer of security and helps meet regulatory requirements.

For exchanges

  • Increased trading activity: Attract more asset managers and higher trading volumes by eliminating pre-funding requirements.
  • Counterparty risk mitigation: Ensure asset managers can meet their obligations before executing trades, mitigating counterparty risk.
  • Regulatory compliance: SuperLoop enhances security measures and supports compliance with regulatory standards.

How it works

Pre-trade

  • Asset managers link Exchange Wallets to SuperLoop on Cobo Portal.
    The Exchange Wallets must have already been set up. See Set up Exchange Wallets.
  • Asset managers request to mirror assets on linked exchange accounts via SuperLoop. The mirrored assets will come from one of the asset managers’ chosen Custodial Wallets or MPC Wallets.
  • Assets will be locked in SuperLoop and mirrored 1:1 on linked exchange accounts.

During-trade

  • Asset managers submit trade orders to the exchanges and trade as per usual.

Post-trade

  • Automated settlements take place periodically.
  • Exchanges provide net settlement amount to Cobo.
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