MyDex Futures is a decentralized perpetual futures trading feature designed to provide users with a more efficient and reliable trading experience.
This article explains how to start trading perpetual futures on MyDex.
1. On the App
Step 1: Log in to your MyDex account, tap [Assets] at the bottom of the page, then tap [Perpetual Futures] to enter the futures trading page.
Step 2: On the futures trading page, tap [Deposit] to deposit USDC-ARB into your futures account for trading.
Tip: If your MyDex account does not have any USDC-ARB available to deposit into your futures account, please first send USDC-ARB to your MyDex account, or receive other tokens and use the swap feature to swap them into USDC-ARB. For details, please refer to How to Receive Tokens and How to Swap and Bridge Tokens.
Step 3: Select or search for the trading pair you want to trade.
Step 4: Choose the margin mode, leverage, and order type. After confirming details such as order size, liquidation price, fees, and slippage, tap [Open Position] to open your position.
Step 5: After opening a position, you can tap the relevant trading pair in your position list on the [Assets] page at any time to view position details.
2. On the Web
Step 1: Log in to your MyDex account and click [Assets] on the left side of the page to enter the assets page.
Step 2: On the assets page, click [Explore More] next to Perpetual Futures to enter the futures trading page.
Step 3: On the futures trading page, click [Deposit] to deposit USDC-ARB into your futures account for trading.
Tip: If your MyDex account does not have any USDC-ARB available to deposit into your futures account, please first send USDC-ARB to your MyDex account, or receive other tokens and use the swap feature to swap them into USDC-ARB. For details, please refer to How to Receive Tokens and How to Swap and Bridge Tokens.
Step 4: Click the token name to select or search for the trading pair you want to trade.
Step 5: Choose the margin mode, leverage, and order type. After confirming details such as order size, liquidation price, fees, and slippage, click [Open Position] to open your position.
Step 6: After opening a position, you can click the relevant trading pair in your position list on the [Assets] page at any time to view position details.
Notes
➤ Perpetual futures trading involves risk. Please make sure you understand the product rules before trading.
➤ Before opening a position, please confirm the selected margin mode, leverage, and trading pair.
➤ Please refer to the actual page display and official announcements for the latest supported features and rules.
Risk Disclaimer
The cryptocurrency market involves substantial risk. Please make sure you understand the risks and only invest in products you are familiar with. Before investing, carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent professional advisor if necessary. The information displayed on this page is for reference only and should not be regarded as investment advice. Past performance is not indicative of future results. Be aware that the market value of investment products and potential returns can fluctuate significantly, and there is a risk of losing your invested capital. You are solely responsible for your own investment decisions, and MyDex shall not be liable for any investment losses that may occur.
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