FLOAT
LIVE

Accounts

The Float program keeps every piece of state in a handful of accounts. Addresses are read live.

Account Address Holds
Program oxhC…fQfv The code. Upgrades go through the multisig, then the authority is frozen after audit.
Config qFjZ…Lfcf Every parameter on this site. Changeable only by the multisig with a 48-hour timelock.
Reserve aciR…4BHs The USDC that backs every position.
Fee vault sH36…5AzB Fees waiting for the daily burn.
Timelock rWe6…z2ts The team's 2% allocation until release.

Per-market and per-user accounts

Account One per Holds
Market index Status, posted level, spread, open interest long and short, cap, methodology hash
Position wallet, market and side Size, collateral, open level, receipt
Receipt position A soulbound Metaplex Core asset in your wallet
Listing proposal Proposer, methodology hash, burn transaction, open date

Who can do what

Signer Can Cannot
You Open, close, liquidate anyone's underwater short, propose a listing Anything else
Keeper Post levels, set STALE and HALTED by rule, swap, crank liquidations, run the burn path Change parameters, open markets, move reserve funds elsewhere
Multisig Change parameters and list markets, after a 48-hour timelock Skip the timelock