Perps V1

Introduction

Perpetual Futures or perpetual contracts are a type of financial instrument without an expiration date, that belong to the category of derivatives.

Perpetual futures allow traders to speculate on the price movements of an underlying asset without the need for physical ownership, and are widely used in crypto as they allow one to amplify their position as well as implement hedging strategies.

On the other side, spot trading involves the immediate purchase or sale of financial assets, such as stocks, commodities, or cryptocurrencies, at the current market price. Unlike futures or options trading, spot trading settles quickly, allowing for immediate exposure to the asset. It's a straightforward way to capitalize on price movements without the complexities of future projections.

Kinetix launched its perpetual DEX on Kava, simultaneously harnessing the robust potential of the Cosmos infrastructure for dynamic scalability and interconnectivity.

The Kinetix Perpetual Decentralized Exchange introduces an extensive array of trading functionalities and deep liquidity for supported cryptocurrencies, empowering users to:

• Engage in perpetual swap contracts with leverages of up to 50x

• Participate in spot trading through market swaps and limit orders

Pioneering innovation, Kinetix extends the following features to its users:

• Compound Functions

• Cross-Usable Assets

• TradingView Pro Charting

• VWAP Price Feeds

• Live Decentralized Charting

• Uni-level Referral System

• A Fee-Sharing Model

Moreover, Kinetix offers various other competitive advantages over existing perpetual DEXs, such as:

• Zero-impact trades & No Slippage

• Professional User Controls (Stop loss, take profit, limit orders)

• No Hidden Spread

• Reduced Liquidation Risks

• Safer Liquidations for Better Price Execution

• More efficient Keeper bots to enable faster execution and reliable faster price updates

• Diverse range of Products being built around Perpetuals (i.e. Delta-neutral strategies)

• API3 Oracles & Pyth Price API

For a Guide to Spot Trading, please head to the following section:

Swap

For a Guide to Perp Trading, you can refer to this section:

Perps V1