> For the complete documentation index, see [llms.txt](https://exliquid.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://exliquid.gitbook.io/docs/start-here/current-status.md).

# Network status and limitations

Exliquid is currently in a **simulated-asset, permissioned public-testnet preparation stage**.

The trading runtime and client-facing contracts are under active validation, but public access is not implied until an endpoint is explicitly published in [Networks and versions](/docs/reference/networks-and-versions.md).

## Current product capabilities

The current product line includes support for:

| Area                                   | Current status                                                     |
| -------------------------------------- | ------------------------------------------------------------------ |
| Native order book and matching         | Available in the current runtime                                   |
| Accounts and simulated collateral      | Available in the current runtime                                   |
| Perpetual positions and PnL            | Available in the current runtime                                   |
| Index / mark price based risk state    | Available in the current runtime                                   |
| Funding and margin                     | Available in the current runtime                                   |
| Protocol liquidation and loss handling | Available in the current runtime                                   |
| REST API contract                      | Implemented; public base URL not yet published                     |
| WebSocket contract                     | Implemented; public URL not yet published                          |
| TypeScript and Python SDKs             | Maintained; public supported release is published with the network |
| User App / Explorer / Faucet           | Published only when the corresponding public deployment is opened  |

## Not currently supported

The current network does not provide:

* real-asset deposits or withdrawals;
* custody of user funds;
* a cross-chain bridge;
* a production mainnet guarantee;
* permissionless validator admission;
* public staking, delegation or slashing;
* a production governance/tokenomics system.

## Simulated assets

Balances used by the current test environment are simulated accounting units. They are not redeemable claims on external assets.

Network resets may invalidate balances and historical test activity. A public testnet announcement should always state whether reset behavior applies to that network generation.

## Availability rule

A feature existing in the software does not make its public endpoint available.

For integrations, treat [Networks and versions](/docs/reference/networks-and-versions.md) as the source of truth for:

* network status;
* API and WebSocket base URLs;
* supported SDK versions;
* signing/network identifiers;
* reset or compatibility notices.


---

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