Trading
Select a market
Click the Market dropdown in the top navigation. Browse available markets or search by name. Filter by asset class: Crypto, Forex, Equities, Indices, Commodities, or Meme.
Each market shows you:
Mark Price
Current oracle price with 24h change
24h High/Low
Price range over the last 24 hours
Available Liquidity (L/S)
Room for new long and short positions
Open Interest (L/S)
Total active positions per side
1h Net Rate (L/S)
Combined funding + borrow rate per hour
A red dot next to a market means Market Closed — it's temporarily unavailable during off-market hours (applies to some real-world assets like equities).
Place your order
Configure your trade:
Mode: Choose between Normal and Hyper Lev:
Hyper Lev — zero open/close fees; you share a portion of profits instead. Market orders only. Collateral withdrawal and limit orders are disabled. Higher leverage range with greater liquidation risk, but higher return potential. Proceed with caution.
Normal — standard fees on open/close. Supports market and limit orders. Eligible for loss rebates on the weaker side of OI skew.
Side: Long (expect price to rise) or Short (expect price to fall)
Order type:
Market — execute now at current price
Limit (Normal mode only) — execute at your specified price or better
Collateral: Minimum 10 USDT
Leverage: Varies by mode and asset class (slider adjusts automatically when you switch modes)
Position Size: Calculated automatically: Collateral × Leverage
Take Profit / Stop Loss: Set your exit targets when opening, or add them later from the Positions tab.
TP is capped at +2500% PnL across both modes
SL in Normal mode: capped at −80% PnL (no minimum)
SL in Hyper Lev mode: must be between −80% and −30% PnL (mandatory dual-bound)
Review before confirming
Entry Price
Live mark price for market orders; your set price for limit orders
Est. Liq. Price
The price at which your position will be force-closed
Fee Breakdown
Hover for details: open fee, borrow fee, funding fee, price impact
Slippage Tolerance
Max price difference you'll accept between quote and execution
Higher slippage tolerance increases your chance of execution during volatile markets, but allows a larger price deviation from your expected entry.
Track your orders
Positions — view all open positions. From here you can edit collateral, close (full or partial), or share position details.
Orders — shows pending orders that haven't filled yet. You can edit limit/trigger prices or cancel orders here.
History — archive of all your fully executed trades.
Claim — when negative price impact exceeds the protocol cap (50 bps), the excess is deducted upfront but stored in a claimable balance. After closing your position, click Claim All to reclaim the excess, or claim specific fee types individually.
Manage your positions
Edit Collateral
Add or remove collateral without changing your position size:
Adding collateral → moves liquidation price further away, expands TP/SL boundaries
Removing collateral → moves liquidation price closer, may invalidate existing TP/SL orders
Limits: Deposit ≥ 10 USDT; residual must stay above 10 USDT; leverage must stay within min/max bounds
Increase a Position
Open another order in the same direction on the same market. The system merges them automatically — entry price recalculates as a weighted average, leverage adjusts to the new collateral.
Reduce or Close a Position
Click Close on any position. Choose Market (immediate) or Trigger Price (TP/SL):
Keep Leverage Off (default): Reduces position size while maintaining collateral — effectively deleverages you
Keep Leverage On: Reduces size and collateral proportionally — keeps your leverage ratio the same
If your position is liquidated, a liquidation fee of 20 bps (0.20%) is charged and remaining collateral (if any) is returned to your wallet.
Edit orders
You can set TP/SL when opening a position, or add, modify, and cancel them at any time from the Positions tab while your position is open.
Click the edit icon next to any order to modify limit or TP/SL trigger prices without canceling:
Limit orders: Must be favorable to current mark price
TP orders: Must be within the +2500% PnL cap
SL orders (Normal mode): Must be within the −80% PnL cap
SL orders (Hyper Lev mode): Must be between −80% and −30% PnL
Trigger orders (close only) activate when the mark price reaches your set trigger price, then execute as a market order. Unlike limit orders, trigger orders prioritize execution certainty over exact price — some slippage is possible.
To remove orders, click the cancel icon on the order row, or Cancel All to clear everything.
Canceling a limit order returns your reserved collateral. Canceling a TP/SL order just removes the trigger — your position stays open.
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