Hosted by SQRL
SQRL cloud
- The node
- Run by SQRL in the SQRL cloud
- Your team
- Sets rates and approves payments
Tokenised deposits, settled
across borders.
Fund corridors with deposit-token liquidity. Set your FX rate. Convert in flight and settle on your subnet.
Private
Each bank runs its own node. Your data and your customers never leave it.
Quantum-reliable
Post-quantum signatures protect every record, on top of Bitcoin's proof of work.
Lightning fast
Payments move over Lightning as they are sent, at any hour, with no correspondent banks in between.
Built for regulated banks
Every control, audit trail and approval is open to your compliance team before a pilot starts.
<5s
Payment time, end to end
24/7
Open every day
0
Correspondent banks
Major currencies.
One settlement path.
USD, EUR, GBP, SGD and JPY deposit tokens convert in flight from open liquidity pools.
Your subnet. Your keys. Your hosting. SQRL cloud or your data centre. Same controls either way.
Hosted in your data centre
Your data centre
- The node
- Run by your team, on your servers
- Your team
- Funds corridors, sets rates and spreads
Your subnet runs on your terms. Your bank prices its corridors, funds its own liquidity and decides who approves each move, all from the SQRL Markets console.
- 01
Price each corridor
A corridor is one direction between two currencies, such as dollars to euros. You set its spread, a cap per payment and a cap per day, and a sender sees the rate, held for 30 seconds, before anything moves.
- 02
Fund your own liquidity
You decide how much liquidity sits in your channels to the hub, currency by currency. What you fund carries payments out, inbound capacity brings them in, and the console shows how long a balance lasts at the current pace.
- 03
Approve every move
Topping up a channel, opening or closing one and withdrawing all wait for a quorum of approvers who are not the person asking. Each move stays inside the limits you set per asset and can only go to addresses you have allowed.
- 04
Decide what is held
A payment over a counterparty's limit waits for Treasury or Operations, and one that needs enhanced screening waits for Compliance. Whoever locked the quote can never approve it, and a rejected payment is refunded to the sender.
One hub. FX converted in flight. Payments enter in one currency, convert through open liquidity and settle on the receiving subnet.
A channel to every subnet
Each institution connects its subnet to the hub.
Liquidity on both sides
Fund outbound capacity. Accept inbound the same way.
Finality on close
Close a channel and balances return under your keys.
Sending bank
Sends
USD 1,000,000
Liquidity pool
Converting in flightConverted
Rate0.9214
Receiving bank
Receives
EUR 921,400
Corridors
| Corridor | Rate | Pool | Settled |
|---|---|---|---|
| USDtoEUR | 0.9214 | €48.2m | 1,240 |
| GBPtoUSD | 1.2740 | $61.5m | 890 |
| SGDtoJPY | 114.82 | ¥2.1b | 410 |
Where Markets fits. Banks, liquidity providers and fintechs, each with a clear job.
01
Banks
Pay out abroad at your FX rate, under your whitelist and limits.
02
Liquidity providers
Fund corridors with deposit-token liquidity. Set the charge and daily cap.
03
Brokers and fintechs
FX and cross-border payouts from a hosted or self-run subnet.
One console for every corridor. Price corridors, approve payments and export the audit trail.
01FX and pricing
Price every corridor
Set the rate, your charge and a daily cap. Senders see a firm quote first.
markets.sqrl.tech/fx
02Payments
See every payment in motion
Quote to payout on one screen. Holds wait for the right role.
markets.sqrl.tech/payments
03Payment
Trace one payment end to end
Each step timestamped. Both currencies move together or not at all.
markets.sqrl.tech/payments/PRW-418679
04Audit
Prove every action
Append-only record. Export for your auditors as CSV.
markets.sqrl.tech/audit
Integrate through the SDK. Create payments, convert in flight and settle on your subnet from JavaScript.
Create an invoice in a tokenised deposit. The hub routes it; the SDK reports when it is final.
collect.jsSQRL testnet
import SqrlPay from "@sqrl/pay"; const sqrl = new SqrlPay(key); const invoice = await sqrl.invoices.create({ amount: "1200000.00", currency: "USD", asset: "tUSD", memo: "Settlement 2611", }); sqrl.checkout.open(invoice.id); await invoice.settled();Payment received
1,200,000.00tUSD
Routed through the SQRL hub
InvoicedHubSettled
Questions from banking teams. Custody, FX, policy and pilots.
You do, in channels under your own keys.
In flight, from open liquidity, at the rate you set.
Yes. Whitelist, limits and quorum still apply.
It waits for the right role, or the sender is refunded.
On your subnet, under your keys.
Yes. Start in the sandbox before any client funds move.
Explore the other products. They all run on the same settlement network, under the keys and policies you set.
Run cross-border payments on your subnet.
Tell us your corridors. We will set up a Markets pilot.
