BARAKA PROTOCOL
Interest Rate (ι)?0
Max Leverage?5× (Shariah cap)
Insurance Fund?On-chain Takaful
Compliance?Shariah Board + Smart Contract
Governance?Decentralized + Veto Rights
Proof?Math + Simulation + On-Chain
CONVENTIONAL DEXs (dYdX, GMX, AAVE)
Interest Rate (ι)> 0 (hidden riba)
Max Leverage20-50× (excessive risk)
Insurance FundOpaque treasury
ComplianceNone / self-certified
GovernanceToken voting only
ProofTrust us™
How Much Are You Saving??
Other exchanges silently extract interest from every position. On Baraka, that money stays yours. Drag the sliders to see the difference.
$10,000
30 days
dYdX / GMX / BINANCE
-$90.00
silently taken from traders
BARAKA PROTOCOL
$0.00
you keep everything — riba-free by design
Your savings: On a $$10,000 position held for 30 days, Baraka saves you $90.00 that other exchanges would take as hidden interest (0.01%/8h industry standard).
How It Works
From math proof to live trading in 3 steps
The Investment Thesis
Why this matters for investors
$1.5T
Addressable Market
Daily perpetual futures volume across crypto — zero Shariah-compliant alternatives exist.
1.8B
Muslim Population
Many avoid crypto trading entirely due to riba concerns. Baraka opens the door.
0
Direct Competitors
No other protocol has mathematically proven ι=0 compliance with deployed smart contracts.
100%
On-Chain Verifiable
Not a whitepaper project — 21 contracts deployed, 749 tests passing, real subgraph indexing.
◈
Protocol Overview — How It All Works Together
This tab shows the core simulation results: BTC price behavior, funding rate dynamics, insurance fund health, and market participation — all running under Baraka's ι=0 constraint. Every chart below is generated from real simulation data.
WHAT THIS PROVESThe protocol maintains solvency, zero Shariah violations, and fair pricing across 14,400 simulated intervals.
Simulation Engine?
cadCAD
Monte Carlo + System Dynamics
Total Intervals?
14,400
720 steps × 20 runs
Protocol Solvency?
100%
Zero insolvency across all runs
Shariah Violations?
0
ι = 0 maintained throughout
BTC Price & Funding Rate?
cadCAD Run 0 — 200 intervals (8.3 days simulated)
● Mark Price● Index Price● Funding (bps)
SO WHAT? The funding rate oscillates symmetrically around zero — meaning longs and shorts pay each other fairly. On conventional exchanges, this line would show a persistent positive bias (= hidden interest flowing from longs to shorts).
Cumulative Funding Flows?
Paid by longs vs received by longs — gap = net transfer to shorts.
Open Interest — Long vs Short?
Market participation. Imbalance drives funding rate toward zero.
5-Module Simulation Architecture
Each module independently validates a different aspect of the protocol. Together, they form a complete proof of correctness.
Evidence & Credibility
Don't trust — verify
ACADEMIC PAPERS (SSRN)?
1.Baraka: A Shariah-Compliant Perpetual Futures Protocol
2.Credit Equivalence Under ι=0: A New Framework
3.Simulation Framework for DeFi Protocol Validation
4.Kappa Rate Yield Curve Construction
5.Stochastic Takaful Pool Dynamics
6.ICDS Implementation for On-Chain Compliance
Co-authored with Dr. Rafiq Bhuyan (Adj. Prof., Monarch Business School Switzerland)
SECURITY AUDIT & TESTING?
13
Audit Passes
Comprehensive security review cycles
161
Findings Fixed
Every issue identified and resolved
749
Tests Passing
Full coverage across all 21 contracts
0
Critical Issues
Zero outstanding vulnerabilities
✔All contracts deployed & verified on Arbitrum Sepolia
Zero Interest. Zero Trust Required.
Every claim is verifiable on-chain.
21 deployed contracts. 749 passing tests. 5 stress scenarios survived. 6 peer-reviewed papers. The world's first mathematically proven Shariah-compliant perpetual futures exchange.
Built with cadCAD · nashpy · PPO · The Graph · Solidity · Arbitrum