Trading Module Features
Last updated
Last updated
Features | Details |
---|---|
The execution of limit order and trigger order depends on the price captured on-chain. If there is a sudden and large price fluctuation, the protocol might not be able to catch the set price and execute the order.
Fulcrom's price feed is powered by Pyth - the largest first-party financial oracle solution delivering real-time market data to over 40 blockchains in a secure, transparent manner.
Open Order
Buy and Sell with the following order types
Market Order - opens at current price + spread
Limit Order - opens at desired price + spread if user wants to:
Long at a lower price than now
Short at a higher price than now
Stop Limit - opens at desired price + spread if user wants to:
Long at a higher price than now
Short at a lower price than now
Collateral
The maximum value a trader is willing to risk on a trade
Any token within the FLP can be deposited as collateral
Collateral deposited is converted to required collateral token on the backend
If trade is long of a FLP index token, e.g. $ETH, convert collateral to $ETH if required
If not, convert to stablecoin if required
Leverage Trading
Additional volatility trader is willing to take on top of his deposited collateral value
Capped at 25x for all tokens
Insane Mode Leverage
Unlock 100x leverage after you've staked at least 300 FLP on Fulcrom
Max Slippage
Maximum price deviation from your expected execution price you are willing to accept
1% max slippage means trade will not go through if the price moves more than 1% beyond your desired open price before you open the trade
Close Order
Additional orders to prevent excessive losses or to take profit automatically
Market Close - closes at current price
Quick way to exit position
Can receive in any supported tokens
Trigger Close - closes at desired price
Position is open until trigger price is activated or closed
Only receive in stablecoins (USDC, USDT)