3️Get Started with Futures Trading
Learn how to open Long and Short Positions with up to x20 Leverage and Swap with 0% Price Impact
Last updated
Learn how to open Long and Short Positions with up to x20 Leverage and Swap with 0% Price Impact
Last updated
The flow of using Futures Trading --> https://perps.synthswap.io
Select Pair (upper left corner)
Select Feature
Swapping
Going Long
Going Short
Select Order
Market
Limit
Track Positions, Orders and past Trades
Experience 0% Price Impact Swaps with the lowest Feed on Base with Market or Limit Orders.
Swap between tokens instantly.
Select Swap
Select Market Order
Select First Token
Select Second Token
Enter Value (ensure that the amount you are receiving is acceptable)
Confirm Swap (don't forget to Confirm transaction in your wallet)
If you want to swap between tokens at a different Price than it is currently possible on the Market you must set a so called Limit Order. With Limit Order, the swap will be executed when the certain predefined price is reached.
Select Swap
Select Limit order
Select First Token
Select Second Token
Enter Value
Define at what Target price you would like to make a Swap
Create Limit Order (don't forget to Confirm transaction in your wallet)
Once your Limit Order for swap is created, you can see it in the Orders list. Keep in mind that the swap will be executed only if the target price is reached.
To Cancel the order simply go under Cancel in the Orders section (see image below).
Going long or taking a long position means buying an asset with the expectation that its price will rise in the future. You can choose between Long Market Order or Long Limit Order.
By adjusting the Leverage slider, you can select Leverage between x1 to x20. In case that the liquidity is not deep enough, the upper limit of the Leverage will be lower.
Trading with Leverage is not recommended for Beginners. Make sure that you fully understand how Leverage works before proceeding further. In volatile market conditions using high leverage can cause liquidation of your account.
Select Long
Select Market/Limit Order
Select Token for Collateral
Enter Amount
Select Token for Long Position
Select Leverage
Open Long Position
Once the Long Position is created, you can edit or close it under Positions.
Going short or taking a short position means selling an asset that you do not own (borrowing it) with the expectation that its price will fall. At a later time, you aim to buy it back at a lower price to repay the borrowed asset. You can choose between Short Market Order or Short Limit Order.
By adjusting the Leverage slider, you can select Leverage between x1 to x20. In case that the liquidity is not deep enough, the upper limit of the Leverage will be lower.
Trading with Leverage is not recommended for Beginners. Make sure that you fully understand how Leverage works before proceeding further. In volatile market conditions using high leverage can cause liquidation of your account.
Once the Short Position is created, you can edit or close it under Positions.
In order to make Futures Trading possible on Synthswap, especially for leveraged positions, deep liquidity is needed. To achieve substantial liquidity, Synthswap utilizes a token known as the Synthswap Liquidity Provider (SLP) Index Token. When traders incur losses, SLP holders gain profits, and the opposite holds true.
Add SLP Liquidity here: https://perps.synthswap.io/#/liquidity
Stake SLP for extra rewards: https://perps.synthswap.io/#/liquidity
To prevent sudden withdrawal of Liquidity there is a 24h redemption period for the withdrawal of SLP.
