Solana DvP settlement requires 100% upfront cash for every trade
- —Both legs are escrowed separately and exchanged atomically
- —Netting and partial fills are not supported
- —An underfunded side causes settlement to fail
- —Financing and credit stay outside the DvP program
Why it matters: Institutions must hold full funding for every trade, raising liquidity needs and financing costs.
Source: CryptoSlate