> ## Documentation Index
> Fetch the complete documentation index at: https://docs.continuum.markets/llms.txt
> Use this file to discover all available pages before exploring further.

# Roadmap

> What's live, what's next, and what's not coming.

Continuum's MVP runs on devnet. The path to mainnet and the planned market roster:

## What's live (devnet)

| Market | Asset | Live since |
| - | - | - |
| **QQQ** | Nasdaq-100 ETF | Apr 2026 |
| **SPY** | SPDR S\&P 500 ETF | Apr 2026 |
| **XAU** | Gold spot | Apr 2026 |
| **XAG** | Silver | Jun 2026 |
| **NVDA** | NVIDIA | Jun 2026 |
| **AAPL** | Apple | Jun 2026 |
| **OIL** | WTI crude oil | Jun 2026 |
| **EUR** | EUR/USD | Jun 2026 |

Eight markets, \~\$11.5M TVL, all on 0.10% native bin-book pools. See [Live markets](/markets/live) for full pubkeys. (VXX was delisted in June 2026.)

## Planned markets

Continuum's targeted launch is **TradFi-only**. No crypto markets - the constant-product invariant doesn't add value over an actual perp DEX for crypto pairs.

### Indices

* SPX (S\&P 500 raw index)
* NDX (Nasdaq-100 raw index)
* FTSE 100
* DAX
* Russell 2000

### Equities

* TSLA (Tesla)
* GME (GameStop)
* AMC (AMC Entertainment)
* META (Meta)
* AMZN (Amazon)
* GOOGL (Alphabet)

*(NVDA and AAPL are now live.)*

### Commodities

* BRENT (Brent crude)
* HG (Copper)

*(XAG silver and OIL/WTI are now live.)*

### Forex

* USD/JPY
* GBP/USD
* USD/CHF

*(EUR/USD is now live.)*

The order of rollout depends on:

1. **Pyth feed quality** - does Pyth publish a reliable feed on Solana for this asset?
2. **Liquidity targeting** - index ETFs first (deepest external arb), single equities second, commodities and FX third.
3. **Operator capital** - each market needs \~\$100K–\$500K of LP seed; capital is finite.

## Mainnet path

Going from devnet to mainnet is gated on:

| Gate | Status |
| - | - |
| Security audits | 🟡 In progress (Sec3 / OtterSec / Neodyme - at least one before launch) |
| Devnet stability under load | 🟡 \~4 weeks of devnet stress testing |
| Bug bounty program | 🟡 Live before mainnet |
| Multisig migration of upgrade authorities | 🟡 Squads (≥3-of-5) for upgrade authority + separate multisig for CLP authority |
| Conservative initial OI caps per market | ✅ Pattern set on devnet |
| Pyth feed availability for every targeted asset | 🟡 Pre-flight check per market |
| Gradual rollout (invite-only first market) | ✅ Plan agreed |

Mainnet launch will be **single-market**, invite-only, with a small initial OI cap. Expansion is observation-driven.

## Features behind feature flags

Things that compile but are off:

* **MarginFi / Kamino flash-loan integration** in the keeper. Off by default; enables larger arb trade sizes without keeper treasury. Mainnet-only since both protocols are mainnet-only.
* **Idle-collateral yield deployment** (`YIELD_ENABLED=false`). The CLP can deploy idle vault balance into Kamino lending. Audit-gated.
* **L/S direct pool arb** (`LS_POOLS` env var unset). Deprecated by single-side keeper mint/redeem. Stays disabled.
* **Multi-keeper coordination beyond basic primary/standby**. Future addition for higher availability.

## Features under design

* **Governance activation.** CNTM staking, listing votes, parameter votes. Program scaffold exists; on-chain wiring is the remaining work.
* **User-supplied LP shares.** For MVP the protocol is the sole LP. Re-enabling user LP requires restoring the `GlobalLPAccount` state and three deposit/withdraw/lockup instructions (still in git history).
* **Cross-market keeper coordination.** Edge-weighted dispatching across operators.
* **Vol-regime auto-tuning.** Per-asset percentile calibration of the volatility thresholds (currently VIX-inspired heuristics).
* **Re-anchoring.** Periodically resetting a market's constant-product anchor to spot keeps the convexity defense fresh - required before high-growth single-name listings open uncapped mint/redeem.
* **Public arb-bot SDK.** A TypeScript / Rust library for external arb bots, packaging the keeper's spread-detection and execution logic.

## What's explicitly NOT planned

* **Crypto markets.** Use a real perp DEX.
* **Funding rate.** The constant-product NAV invariant replaces it for positioning; the short leg's [volatility decay](/concepts/nav#volatility-decay) covers the pair's convexity.
* **Liquidations.** Paired positions are pre-paid.
* **Margin / leverage.** Synthetic leverage via external borrowing is fine; native leverage is out of scope.
* **In-house AMM.** Shipped in v2: native per-side bin books + committed orders are the live trading venue.
* **Closed-source frontend.** The official frontend will remain open-source.

## Tracking progress

* [GitHub roadmap project](https://github.com/orgs/continuum-markets/projects)
* \#announcements on [Discord](https://discord.gg/U5hPCB8ufJ) for releases. It's an announcement channel, so you can Follow it into your own server.
* [Twitter @ContinuumMkts](https://twitter.com/ContinuumMkts) for major announcements

## See also

<CardGroup cols={2}>
  <Card title="Live markets" icon="address-book" href="/markets/live">
    What's live on devnet today.
  </Card>

  <Card title="Listing flow" icon="plus" href="/markets/listing">
    How a market gets added.
  </Card>
</CardGroup>