News

News

Development updates, newest first.

DateUpdateType
23 Sep 2026Functor Foundation
A share of protocol fees is planned to fund STEM scholarships at partner universities, paid through the universities with a published charter and annual report. Foundation
Company
23 Sep 2026Quantum Core joins Functor
The post-quantum readiness scanner is now part of Functor: engine, docs and site. It has no token of its own, and $FCTR covers both. Quantum Core
Product
19 Sep 2026Funding
Funding is paid hourly using the standard perpetual funding formula and settled at the oracle price. Payments net to zero across accounts.
Chain
19 Sep 2026Perpetual risk limits
Added the withdrawal rule, open interest caps and growth limit, maximum order size and oracle price band. A test replaying a 2025 attack on Hyperliquid's HLP vault is rejected.
Chain
19 Sep 2026Launch market
Added the opening auction, batch auctions with a price collar, and price bands with trading halts.
Chain
19 Sep 2026FCTR ledger
Added the FCTR ledger with a fixed supply and founder vesting enforced by the chain.
Chain
18 Sep 2026Order book and clearinghouse
Added the order book with price-time priority, and the clearinghouse with margin, fees and liquidations.
Chain
18 Sep 2026Layer-1
Functor will be a layer-1 exchange with FCTR as its native token. Index products have been discontinued.
Company
Sep 2026Options pricer
The options pricer is available on this site. It uses stochastic volatility with self-exciting jumps.
Product

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