Market types
Spot
Buy or sell the base asset against a quote asset (e.g. BTC/USDC). No leverage is applied — you trade only what you hold.Perpetuals
Trade price exposure with leverage. Positions are margined in USDC; funding payments balance long/short interest over time.Trade page layout
Margin modes (perps)
Testnet scope
Advanced stop and TP/SL features — including TP/SL on order entry and standalone trigger orders — are available on testnet V2 only. One-click close all and Reduce-Only are targeting mainnet.
Before you trade
- Complete Getting started to connect your wallet and claim test USDC from the faucet.
- Ensure you have a sufficient test USDC balance before placing any order.
- For perps, set your desired leverage and review the estimated liquidation price before submitting.