Applicability and Special Cases

The mechanics described in previous pages in this section illustrate CPIT as applied to certain spot market structures. The CPIT framework is generally applicable and can be modified to support lending markets, various forms of derivatives and other products. It is important to note that the CPIT mechanics are coupled with additional failsafes to ensure that funds cannot be stolen via market impact creation.

CPIT is generally unaffected by Depositor withdrawals, even in cases such as for Vaults with open GMX or other Perpetuals positions. The open position will be partially closed based on the share a Depositor is withdrawing, and the Depositor pays any gas fee for this process.