Brokerage module: HyperLiquid flatform

Beside the perp DEX, Holdstation also provides front-end software development kits (SDKs) to help traders connect to brokers or to the Better-Pro (see the next section). This means that DeFutures also acts as an independent broker. These SDKs include pre-built functions and classes that allow developers to easily connect to the API or the smart contracts to retrieve data and execute trades. Thus Holdstation is only responsible for the trades between traders and DeFutures, and on-chain settlements. Holdstation is not responsible for the trades between traders and other brokers that utilize Hyperliquid flatform. Beside, Holdstation also provides built-in whitelabelling process to adhere new brokers to the Hyperliquid flatform.

With Brokerage module, brokers can create their own exchanges based on Better-Pro technology. The goal of Brokerage module is to help Better-Pro to gain more users from the brokers network. Brokers compete to each other by lowering fees or provide can set up their own bid-ask spread or trading fees and it is up to traders to decide who will be their counterparty. As for brokers, their goal is to build their own set of customers (traders) so that they can either trade directly with them to benefit from market making spreads, or to connect their traders to Better-Pro and gain the commissions.