Trading

Perpetuals

The Perps trading platform offers traders the opportunity to leverage up to 50 times their investment on blue chip pairs, including BTC/USD and ETH/USD, with plans to expand into other pairs in the future. Through the use of the platform's Liquidity Pool (PLP), traders can leverage their collateral and take advantage of a range of features such as take profit and stop loss execution.

To ensure optimal performance for traders, the Perps platform is supported by enterprise-grade hosting, providing minimal latency and swift execution. With an interactive and customizable user interface, traders have complete control over their trading experience to meet their individual preferences and strategies.

When a trader wants to open a position on the perpetual future, they will send their desired margin to the smart contract, along with their desired leverage and direction (long or short). The smart contract will calculate the position size based on the margin and leverage, and execute the trade.

As the price of the underlying asset changes, the position will either gain or lose value. If the position goes against the trader, they will need to maintain a certain level of margin to keep the position open. If they fail to maintain the required margin, the position will be liquidated, and the remaining margin will be used to cover the losses.

Options

Users may select an asset, decide on their own strategy (Short/Long) and then trade on either side of an option. Options are specific to an asset, a period of time and a rate, set by the maker. This allows users to be both traders and market makers. Users will also be able to auto-compound liquidity as a maker.