7. Capital Access and Liquidity

Parax introduces a liquidity architecture that transforms tokenized physical assets from static stores of value into actively deployable financial instruments. Through a unified framework integrating peer-to-peer transaction mechanisms, auction-based price discovery, and composability with decentralized lending protocols, Parax enables capital markets to engage with real-world assets at programmable speed and scale. The liquidity layer is designed to abstract geographic, custodial, and denominational boundaries while preserving the security and finality of physical value representation on-chain.