How to Make Your First Futures Trade on Deriverse Testnet
Deriverse
0xFF14
October 23rd, 2024

Below is a quick video walkthrough - if you have any questions, please visit our Discord server.

Trading futures on Deriverse is straightforward. Here’s how to do it:

Step 1: Access Futures Trading

The setup is similar to spot trading, except that the Charts option is omitted. You can view the price chart for the underlying asset instead.

Step 2: Select an Expiration Date

In the Quotes window, choose from six different expiration dates. The interface resembles the Spot Quotes window but shows a price range indicating the limits of the futures contract. This range helps understand potential price movements before the contract expires.

Step 3: Open a Futures Position

1. Click New Order.

2. Define your price (e.g., set it to the lowest ask to fill instantly).

3. Confirm the order, and the position will appear in the Derivatives Portfolio section.

Example:

Buy 0.1 SOL futures expiring on October 30th for 166 USDC by setting your price and clicking confirm.

Now, you’ve successfully opened a futures position!

Subscribe to Deriverse
Receive the latest updates directly to your inbox.
Nft graphic
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.
Arweave Transaction
8ilYX-umI2KUBJv…KeAbh5vX_QmjXsc
Author Address
0xFF14604575e923e…cB8DeE12d15B917
Nft Address
0xaEC7872ee6e2735…8Ff0d7D5164e996
Content Digest
8HWuCBztsH5KJWa…LvHFVswtFMUc5Dg
More from Deriverse
View All

Skeleton

Skeleton

Skeleton

2 Collectors
LOADING TEXT
#1
LOADING TEXT
#2