Perps Futures Trading

FWX Perps Futures Trading allow users to speculate on major tokens' price movements through long and short orders. However, unlike limit order book exchanges, FWX Perps Vault acts as a dealer and takes all user positions immediately.

The UI labeled 'Perps' refers to the Perps Futures Trading Model. Please see more details

To get started, deposit collateral in the top-right corner. FWX Perps Trading uses USDC as collateral. If you don't have USDC, click 'Not Enough USDC?' to swap your assets for USDC.

Approve USDC token and Deposit into FWX Perps Trading

For decentralization and security, token approval must be done on the user's frontend side. The token contract must be approved before depositing USDC and enjoying the trading experience

Depositing collateral can increase your margin and extend the liquidation price when you have an open position on the FWX platform.

The collateral you deposit can be used to trade a variety of tokens on the FWX platform, with leverage ranging from 5x to 30x. Currently, only USDC can be used as collateral, but more altcoin collateral will be available in the future.