Futures Trading

The FWX DDEX works similarly to other futures exchanges, allowing users to speculate on major tokens' price movements through long and short orders with up to 5x leverage during its initial phase. However, unlike limit order book exchanges, FWX DDEX acts as a dealer and takes all user positions immediately. To place an order, users must select the desired leverage, adjust collateral if necessary, and click "Long" or "Short" using the trading interface displayed in Figure 1.

The liquidation prices and funding rates for both short and long orders are available to users. After opening a position, users can track their profits and losses, margins, risks, and other relevant information in the "My Position" panel. Users can also adjust the closing size and press the "Close" button to close the position entirely or partially. Funding fees are collected based on the position duration, with rates remaining constant for 28 days.