Cartha is a decentralized liquidity engine operating as Subnet 35 on the Bittensor network, designed to power the 0xMarkets decentralized exchange (DEX) by coordinating liquidity provision in a permissionless way. Liquidity providers (“miners” in Bittensor terminology) deposit USDC into on-chain vaults, and Cartha’s protocol dynamically allocates that liquidity across trading pairs (forex, crypto, commodities) based on real-time demand. This enables deep, transparent liquidity and high-leverage perpetual futures trading on 0xMarkets without centralized intermediaries, while incentivizing capital commitment with trading fee shares and native token rewards.