Perpetuals Demo Trading for Public Tests by RiskSwap

RiskSwap announced the start of Solana-based perpetuals demo trading public testing.

The team has presented perpetual futures alpha on Solana’s Ignition Hackathon and plans to improve the functionality further by adding new features.

🔸Perpetuals trading functionality V1

At this stage, RiskSwap perpetuals DEX runs as a demo and includes all basic features needed for perpetual contracts trading:

• Phantom wallet connection
• Margin account creation
• Depositing funds to the margin account
• Withdrawing funds from the margin account
• Opening and closing long and short positions
• Position management (increasing position size and partial closing)

To increase the position size, users need to have enough collateral on their margin account. In case the collateral is not sufficient, users can only decrease the position size.

Right now, users can request test RS_USDC tokens and deposit them to their margin account to simulate perpetuals trading and check how the positions are opened and closed. On the mainnet, users will need to deposit USDC.

About RiskSwap

RiskSwap is a premier multichain decentralized trading platform that enables frictionless, trustless, and censor-resistant interaction with underlying assets via futures and options.

📰 INFO

https://medium.com/risk-swap/riskswap-presents-perpetuals-demo-trading-for-public-tests-8479de4f9e11