Institutions & Funds

TL;DR

Onboarding to Definitive is straightforward and new accounts can be set up within 24 hours. Simply email [email protected] with your organization's name, email addresses for logging into the account, and the wallet address you'd like to whitelist to your Definitive trading vaults.

Introduction

Definitive is attuned to the specific needs of Hedge Funds, Liquid Funds, OTCs and other institutions. There are multiple ways our platform supports your needs:

1. Segregation of Assets: Each client on the Definitive platform trades through a segregated trading vault, ensuring assets are not commingled with other clients or with Definitive's own assets. When clients onboard to Definitive, bespoke trading vaults (one smart account for each chain) are minted and whitelisted to the client's wallet address. The client's wallet is the owner of the trading vaults and the only entity authorized to place trade orders and make withdrawals. In practice, this means:

   • In the case of another client's contract/wallet being compromised, or if Definitive itself is comprised, client assets are protected. Clients can withdraw assets from their vaults onchain using their whitelisted wallet.

2. Multi-User Access - Allow multiple people within your organization to access your Definitive account with View-Only, Trading, or Full Admin Access. Give service providers View-Only access for independent oversight.

3. Multi-Trader Support via Sub-Accounts - Set up one or more sub-accounts (SMA portfolios) within your organization's Definitive account. Each sub-account can be whitelisted to a different wallet address, effectively ring-fencing each trader in your org to the risk capital within their assigned wallet.

4. Enhanced Privacy with Additional Proxy Addresses - When clients trade on Definitive, they do not trade through their wallet address, which can be easily tracked onchain. Instead, assets trade through a set of proxy addresses ("Definitive Performer Addresses"). Definitive Performer Addresses have limited, pre-defined roles to execute client trade intents and are randomly assigned to client trade fills. To further enhance privacy, additional proxy addresses can be deployed on behalf of your organization.

Getting Started

To initiate institutional account setup, email [email protected] and include the following information in your email:

1. Organization Name

2. Email Addresses of persons who need access to the Organization's account - whether for Admin, Trade or View access.

3. Primary wallet address to be whitelisted to Definitive trading vaults (we support Fireblocks, Fordefi, Safe, SquadsX and a number of other institutional-grade self-custody wallets in addition to any EOA wallet)

4. Chains you'd like to trade on - We currently support Solana, Base, HyperEVM, BNB Chain, Ethereum, Arbitrum, Optimism, Avalanche, Polygon and Blast (If there is a chain we do not yet support that your organization needs, you can note it in your email).

Optionally, you can also include the following information if relevant:

1. Sub-Accounts/Sub-Portfolios needed and their desired names. If you would like to associate sub-accounts with a different wallet address, please indicate and provide the relevant wallet address.

2. Additional user emails that can access your account and their associated permission level (View-Only, Trader, Full Admin)

3. If you require additional proxy addresses

What's Next

Sit tight and we will get your account set up (typically within 24 hours). When your account is ready, we'll notify you.

1. You can then go to app.definitive.fi and click "Sign Up/Login" in the top right corner:

   
2. Log into your account using the Email provided to us. A one-time verification code will be sent to your email.

   

3. Connect your Whitelisted Wallet to Definitive. We support a range of MPC, institutional-grade, and EOA wallets.

   • For Fireblocks EVM users, we recommend: 1) Using the FIreblocks browser extension or 2) setting your Fireblocks wallet up on Rabby Both of these methods tend to be more reliable than Wallet Connect.

   • For Fireblocks Solana users, after initial wallet whitelisting (needs to be performed by the Definitive team), you will need to use Wallet Connect Solana and select Fireblocks. Please refer to this Guide for details. Please reach out to Definitive directly to assist with setup.

   • For Squads ussers, you will need to first have the SquadsX browser extension installed.

4. If you have whitelisted an EVM wallet to Definitive and need to set up a Solana vault, simply connect your Solana wallet to Definitive without logging out of your email account. Then, make a small deposit using your Solana wallet. This will trigger the creation of your Solana vault.

5. After you’ve connected your wallet, you'll need to Deposit tokens into your trading vault in order to place trades by clicking the "Deposit" button on the right side of the trading terminal.

What's Happening Behind the Scenes

• We set up a dedicated trading vault (onchain contract - one per chain) for complete fund segregation of your assets vs. other clients. These trading vaults are whitelisted to the wallet address you provide to us. To start trading, you will need to Deposit assets into your Definitive trading vaults from your whitelisted wallet.

  
• Only your whitelisted wallet can withdraw assets and initiate trading sessions. Once initiated, trading sessions last ~7 days. During a trading session, you can place as many trade orders as you want across any asset without having to sign for each tx with your authorized whitelisted wallet.

Trading Vault Addresses

To locate your trading vault addresses to authorize/whitelist in your wallet, go to the Vault Addresses tab under the chart. Your trading vault addresses will appear after you make your first deposit into the trading vault:

Fees

For institutional traders, fees can be discounted depending on volume thresholds. See the Staking page for details.

Post-Trade Reporting

Please refer to our Post-Trade Reporting (PTR) page for details.

Post-Trade data is also available via API - please see API Docs to request a key.

Optional Pre-Trade Compliance

Please refer to our Pre-Trade Compliance page for details.