Opening a Trade

1

Select a Market

Select your desired market from the drop-down menu in the trade form

2

Fill Trade Information

Select Side (long, short), Order Type (market, limit, stop), Collateral Amount, and Leverage (1-200x, depending on the asset). Traders can also input Estimated Size (in units of the asset traded), backing out leverage or collateral

3

(Optional) Set Take Profit and Stop Loss

Optionally set Take Profit or Stop Loss conditions. Take profit orders at 10x (900%) gain are automatically set to reduce tail event risk for LPs. (Please note: maximum and mandatory TPs of 10x is enforced; over time the protocol may increase this threshold or eliminate it entirely should risk management analysis determine they no longer be necessary).

4

Fee breakdown

Optionally check fee breakdown by clicking into fee section and hovering over tooltips detailing your precise fee breakdown

5

Select Buy/Sell Button

Select buy for long (or sell, for shorts):

6

Confirm trade

Confirm trade conditions. Traders can optionally choose to bypass this confirmation step in the future by selecting "hide order confirmation"

7

(1-click trading disabled) Wallet Confirmation

Confirm order in the wallet extension. Users can bypass this step and proceed directly to order execution through 1-click trading or a smart account

8

Monitor your trades

That's it! Monitor your trades in real-time in the "Trades" tab beneath the asset chart.