Perpetual Trading Overview
Last updated
Last updated
Thetis Perpetual Exchange offers a unique LP-to-trader perpetual trading model on Aptos, providing leverage up to 50x. By utilizing isolated liquidity pools and advanced oracles, Thetis ensures zero price impact, minimal slippage, and deep liquidity. Oracles play a crucial role in maintaining market stability during liquidations and stop-loss events, safeguarding against position bankruptcy and protecting LP pool funds. Users can seamlessly open and close positions without needing additional accounts or deposits. With Thetis’s integration of the Aptos ecosystem, users can trade a variety of tokens effortlessly.
Market Selector: Trade top markets like BTC, ETH, and APT with leverage up to 50x.
Price Stats: View real-time stats, including index price, 24-hour highs, and lows.
Long/Short Selector: Choose to go 'Long' or 'Short' on selected markets.
Input Token Selector: Use various tokens as collateral to open positions.
Leverage Slider: Adjust leverage from 1x to 50x.
Order Summary: Review order details before confirming trades.
Value Display: Shows the value and details of open positions, including fees.
Size: Indicates position size, factoring in leverage.
Collateral: Manage initial collateral with options to add or remove.
Entry/Mark Price: Displays entry price and current market price.
Liquidation Price: Indicates the price level triggering liquidation.
Take Profit/Stop Loss: Set conditional orders to secure profits or limit losses.
Close Positions/Share: Options to close or share positions instantly.
Time: Displays the timestamp of each action/event.
Market: Indicates the trading market (e.g., BTC-Perp) and the type of position (Long/Short).
Action: Details specific actions/events for each position (e.g., Increase, Decrease, Expire order, Request take profit).
Change: Shows the change in position size or collateral.
Trigger Condition: Indicates any specific conditions that triggered the action (e.g., Mark Price).
Execution Price: Displays the price at which the action was executed.
Fees: Provides the fee associated with each transaction, with links to on-chain actions for further details.
By leveraging isolated liquidity pools and advanced oracle systems, Thetis offers a superior trading experience with minimal slippage, deep liquidity, and a user-friendly interface. Whether you're a seasoned trader or new to DeFi, Thetis provides the tools and features needed for efficient and profitable trading on the Aptos network.
