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Leveraged Trading

Risk/Reward +

By using borrowed money to trade, you are making use of leverage. Leverage multiplies the speed with which you make gains as well as losses. For example: If you borrow 100% of your collateral to trade with, your profits as well as your losses will move twice as fast. By making use of leverage, good traders need less capital to hit their target profits. Bad traders on the other hand run the risk of getting liquidated by the protocol. For this reason you always need to make sure your collateral is more than 20% of your total borrowed funds. If you make your trades right, leverage can be a perfect tool.
The risk-averse would usually keep their funds on a banking account, while the risk-seeking would lack the funds to make their most profitable trades. Combining safe lending with trading, moves these funds from the risk-averse to the risk-seeking, leading to:
  • Higher returns for the risk-averse
  • Access to more capital for the risk seeking
  • Increased trading volume for the integrated DEX

Trading interface

The top of your portfolio you will find your investments. This page consists of all tokens that you can invest with. Every row shows data specific to that token and is updated with every page refresh. The data of a row consists of:

Asset

Under the asset column you see the different assets tradable. It shows the image as well as the name of the asset. Starting with Pangolin, a combination of Decentralised Exchanges will be used to trade different assets on. Every asset shown has enough liquidity to minimise the risk of price manipulation. Other safety measures can be found here.

Price

This shows the price of the given asset. As the price is sent as metadata with every transaction, this is calculated by using multiple data sources per asset to prevent price manipulation. The actual price while buying and selling might be slightly different due to slippage.

Trend

The trend shows the historical price data over the past week, displayed in a graph. In the future DeltaPrime will provide the ability to use more detailed graphs, to make even more accurate decisions while trading.

Balance

The amount of uninvested tokens that you own of a specific asset is shown under this column. In the above example, you own 0.3028 AVAX. These are the "free tokens", meaning that all tokens staked or put in LP positions are not counted here.

Value

In fat letters, the value of your asset is displayed. Right now the value is depicted as dollars. In the near future this will be adjustable to the base currency of the liquidity pool currently selected. This value is calculated by multiplying the Balance times the current Price of the asset.
Buy/Sell
At the right of the row you can buy and sell tokens. By pressing + the buy-view pops up:
In this view you can input the amount of tokens you wish to buy. The amount you enter is the amount of the token you intend to buy. In this example we are buying 0.005 ETH. When we press buy and accept the transaction, we are paying an amount of AVAX (the native token) equivalent to $12, plus slippage. The slippage, right under the input, is the amount that you might need extra in order to complete the transaction. While the amount of slippage is partly dependent on the liquidity of the exchange you are trading on, having some slippage is practically unavoidable. Trading during periods of low volatility helps to decrease the slippage.