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

# How Husher Works

- [How It Works](https://docs.husher.io/documentation/how-husher-works/how-it-works.md): How Husher connects your wallet to centralized-exchange liquidity without ever holding your funds
- [What Husher Is and What It Is Not](https://docs.husher.io/documentation/how-husher-works/how-it-works/what-husher-is-and-what-it-is-not.md): A precise definition of Husher's role as a non-custodial routing interface and what it does not do
- [High-Level Architecture](https://docs.husher.io/documentation/how-husher-works/how-it-works/high-level-architecture.md): The five-step path from wallet to executed swap, with Husher acting as orchestrator but never custodian
- [Deposit Handling and Execution Tolerance](https://docs.husher.io/documentation/how-husher-works/how-it-works/deposit-handling-and-execution-tolerance.md): How one-time deposit addresses work and the ±50% tolerance window that handles real-world deposit variance
- [Confirmations and Execution Timing](https://docs.husher.io/documentation/how-husher-works/how-it-works/confirmations-and-execution-timing.md): Per-network confirmation thresholds and the typical end-to-end execution time once confirmations are reached
- [Order Types and Execution Logic](https://docs.husher.io/documentation/how-husher-works/how-it-works/order-types-and-execution-logic.md): Float, Fixed, and Private modes on one non-custodial architecture
- [Float Rate Orders (default)](https://docs.husher.io/documentation/how-husher-works/how-it-works/order-types-and-execution-logic/1.-float-rate-orders-default.md): The default execution mode: fastest path, market-rate output, and a ±50% deposit tolerance window
- [Fixed Rate Orders (guaranteed output)](https://docs.husher.io/documentation/how-husher-works/how-it-works/order-types-and-execution-logic/2.-fixed-rate-orders-guaranteed-output.md): Lock a rate at order creation and receive the exact output guaranteed, with a 15-minute deposit window and a 0.8% fee
- [Private Orders (privacy-enhanced execution)](https://docs.husher.io/documentation/how-husher-works/how-it-works/order-types-and-execution-logic/3.-private-orders-privacy-enhanced-execution.md): Privacy-enhanced execution via ZEC or XMR routing that reduces on-chain linkability, with a 1% fee and typical 5-minute processing time
- [Execution Routing (default and optional override)](https://docs.husher.io/documentation/how-husher-works/how-it-works/order-types-and-execution-logic/execution-routing-default-and-optional-override.md): How Husher's automatic best-execution routing works and when to override it with a specific provider
- [Role Separation and Custody Boundaries](https://docs.husher.io/documentation/how-husher-works/how-it-works/role-separation-and-custody-boundaries.md): The four parties in every Husher swap, what each one controls, and where custody boundaries sit
- [Explicit Non-Custodial Guarantees](https://docs.husher.io/documentation/how-husher-works/how-it-works/explicit-non-custodial-guarantees.md): The five structural guarantees that confirm Husher never holds, redirects, or controls user funds
- [Execution Performance & Large Trades](https://docs.husher.io/documentation/how-husher-works/how-it-works/execution-performance.md): Typical execution times by order type, and how Husher handles trades from $10K to $200K+ without speed degradation