Position Exchange – Decentralized Perpetual Trading Protocol
Perpetuals, or Perps, short for perpetual futures contracts, are derivatives for trading the underlying asset with no future expiration date. It allows users to trade on margin (trade using borrowed funds).
To give an example: Instead of needing a large capital to trade a notional value of an underlying asset, users can leverage their capital but just depositing a part of the notional margin.
Users can trade Perpetuals by buying (long) or selling (short) perpetual, which is very important under the current market volatility. In other words, users are using borrowed funds to bet on the future price of an asset. Position Exchange will offer a wide selection of tradable assets to its users, allowing them to trade contracts and get pay-offs without actually owning the assets.
Position Exchange’s team has set a mission for its project and will remain dedicated to achieving it. Their goal is to create a TRULY decentralized Ecosystem where all features run On-chain in a completely transparent and community-driven environment.
Position Exchange designed a Perpetual Trading Protocol where everything runs fully On-chain, there is no need for a 3rd party to maintain the Orderbook, offering different types of orders (Limit, Market…) and leveraged trading. There is no need for users to deposit funds on the smart contract, users can trade straight from their wallets.
Benefits of Trading on Position Exchange:
- Highly Intuitive: Experience speed on our protocol. Trade quickly on an easy-to-use platform.
- Increased Privacy: No sign-ups required: Simply connect your wallet and you are all set.
- More Security: Trade directly with no intermediaries. More autonomy in a decentralized environment.
- Low fees: Experience low gas fees on transactions
- Easy access: Trade directly from your wallet without the need of depositing.
Position Exchange
The Next-Gen Decentralized Exchange & Trading Platform. Trade Derivatives, Swap, Stake & Earn in the new Community Driven Protocol.