> ## Documentation Index
> Fetch the complete documentation index at: https://docs.intention.xyz/llms.txt
> Use this file to discover all available pages before exploring further.
# Milestones
> What is running today, the two dates that matter next, and how each stage is verified before the following one begins.
Two dates define the next phase of the network.
| Milestone | Date |
| ------------------ | ----------------- |
| **Public testnet** | 20 September 2026 |
| **Mainnet beta** | 1 November 2026 |
Everything below is either running today on the private testnet, or gated behind one of those two dates.
## Running today
The private testnet runs the full stack. These are delivered capabilities, not planned ones — each is implemented in the protocol and exercised continuously.
| Capability | What it means |
| ----------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| ✅ **Deterministic execution kernel** | Matching, clearing, and settlement execute as a fixed stage sequence over a consensus-committed ordering, in integer fixed-point arithmetic. Two honest nodes produce byte-identical results |
| ✅ **BFT consensus with in-block price certification** | Ordering and a certified price vector commit in the same consensus event. A validator cannot propose a block without valid price observations |
| ✅ **Central limit order book** | Full price-time priority, with intra-block position as the time dimension. Cancels execute before aggressive orders in the same block |
| ✅ **Complete order type surface** | Limit and market, with GTC, IOC, FOK, AON, and post-only. Reduce-only as a protocol-enforced flag |
| ✅ **Conditional orders and protective pairs** | Stop-loss and take-profit, standalone or attached to an order or a position, with one-cancels-the-other linkage |
| ✅ **Cross and isolated margin, one-way and hedge** | Margin mode per market, position mode per account, with tiered requirements that scale with position size |
| ✅ **Protocol-native clearinghouse** | Margin, liquidation, insurance fund, auto-deleveraging, and funding run inside block execution — no keepers, no gas auctions |
| ✅ **Multi-source oracle** | Per-validator aggregation across venues with median clamping and tier-capped weighting, certified by quorum |
| ✅ **Four-price mark** | Median of oracle-plus-basis, book median, funding basis, and external perpetual mid, with defined degradation when sources fail |
| ✅ **Vaults** | Protocol-owned liquidity that backstops liquidations, plus the vault capital structure |
| ✅ **Agent authorization** | Named agent accounts with expiry, on-chain and revocable, queryable in both directions |
| ✅ **Cross-chain bridge** | Validator-attested, with two-phase withdrawals and a dispute period |
| ✅ **Sharded state with Merkle proofs** | Versioned state across sharded stores, authenticated by a sparse Merkle tree and accumulators |
| ✅ **Indexer and market data** | REST and WebSocket surfaces over committed state |
TWAP and scale orders are client-side execution strategies built on the order types above rather than protocol primitives. They are available through the trading interface and the API.
## Public testnet — 20 September 2026
Open access. The gates below are what the private testnet has to demonstrate before it opens.
| Gate | Criterion |
| ---------------------------- | ------------------------------------------------------------------------------ |
| **Replay determinism** | Zero divergence — byte-identical results across validators over sustained load |
| **No out-of-bounds actions** | Nothing reaches the order book that violates a protocol constraint |
| **Simulation fidelity** | Pre-trade simulation matches actual fills |
## Mainnet beta — 1 November 2026
Real capital, under production traffic.
| Gate | Criterion |
| ---------------------------------------- | ------------------------------------------------------------------ |
| **Sustained load with risk engine live** | Uptime under production traffic with the full clearing path active |
| **Complete attribution** | Every state change bound to the transaction that caused it |
| **Two-sided quotes at target depth** | Spread and depth thresholds met across listed markets |
## After mainnet beta
The stage that follows is measured rather than dated, because what matters is whether the venue retains activity rather than whether it launched:
* Retained volume over 90 days, adjusted for incentives
* Funded-trader retention across weeks 1, 4, and 8
* Volume generated per unit of incentive spend
## Where to go next
The capabilities being built after mainnet beta.
Dated record of what has shipped.
How the delivered capabilities fit together.
Where the agent runtime work is heading.