Futures Trading
Futures trading is a financial practice where parties enter standardized contracts to buy or sell assets (like commodities, currencies, or indices) at a predetermined price and future date, enabling risk hedging or speculative profits. In SoDEX, we are now offering perpetual futures, which are cryptocurrency derivatives without expiry dates that use a periodic funding rate mechanism to anchor their prices to the underlying spot market, enabling leveraged long/short positions with crypto-native settlement.
How to Futures Trading on SoDEX
For example, we are trading BTC perpetual contracts. Start by selecting the [Futures] category in the menu, then choose [BTC/USDC].
Click [Futures] on the top right and select [Buy/Long]. Then, choose between [Limit] and [Market], and enter the price and amount you wish to purchase. You may also drag the bar below the [Amount] field to customize the percentage of the Futures Account balance to use for the order.
Click [Buy] to place the order.
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