📊For Traders

As a trader, to consider trading on a decentralized perpetual futures platform like ours, over centralized alternatives (or even decentralized alternatives), we've implemented numerous key features which enable us to offer as optimal a trading experience as possible.

These features include, but are not limited to:

  • Over 16,000 Trade-able Assets: We have by far the most expansive selection of trade-able assets on the market, by a large multiple. This list is also rapidly expanding, with the ability to support new tokens launched on platforms like pump.fun almost immediately.

  • Low Fees and Positive Rebates: Our base fee for creating a new position is as low as 0.1%, with an additional 0.01% fee charged for closing a position. Our price impact mechanism is also designed so that traders can experience positive rebates for opening positions that create more of a balance between long and short positions in a market. Traders can also receive positive funding rebates for also counter-trading the side with the dominant open interest.

  • High Leverage: We offer up to 1000x leverage on short-tail assets, enabling traders to make large omni-directional bets with minimal margin requirements.

  • Permissionless Keepers: Anyone can participate in the network as a keeper, and is incentivized to do so through fee rebates. As a result of this incentive structure, positions, ADLs and liquidations are essentially a race for which keeper can execute them the quickest, meaning the speed of execution will inevitably trend towards the quickest possible.

  • Decentralized Pricing: Through our use of Chainlink Functions, the signing of prices on-chain is supported by an alternative decentralized network, meaning there's no central point of failure for price signatures, even if our backend goes down.

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