What is Notional
Notional is an application-specific blockchain built to connect all financial markets. It gives traders one account with cross-exchange, multi-asset, and yield-bearing margin. Orders execute directly on trader chosen exchanges’ orderbooks with leverage up to 100x and ~30 ms execution latency. The protocol begins with Hyperliquid and can seamlessly extend to additional exchanges over time. Notional uses an omnibus model: users trade through a shared protocol balance sheet while keeping individual account-level balances and risk. It turns a user’s margin portfolio into one recognized margin value and lets the protocol finance exchange margin with pooled USDC. The Notional blockchain’s ledger and built-in risk engine attribute orders, fills, funding, fees, PnL, debt, withdrawals, corrections, and liquidation risk back to each account.What You Get
Higher leverage
Access up to 100x leverage directly on native orderbooks.
Yield bearing margin
Your USDC margin earns yield from protocol fees and interest while you trade.
Low-latency execution
TEE-controlled accounts keep execution close to the exchange for 30 ms execution.
Multi-asset margin
Trade using BTC, ETH, SOL, or HYPE as margin, with higher collateral LTVs.
Coming Soon
Cross-exchange margin
One margin to trade all integrated exchanges. Trade across more markets and route by price,
liquidity, and risk. No more bridging.
Stealth mode
Trade without attribution. Your trades can’t be tied to you, and your liquidation point is
hidden. Stop getting hunted.