Orders and positions

Order types

• Market fills now at the index, at the exact power payoff. There is no order book: the pool is the counterparty to every trade.
• Limit rests until the index reaches your trigger price in the favourable direction (buy below, sell above), then fills at the index.
• Stop rests until the index breaks through your trigger in the adverse direction (a long buys when ETH breaks above; a short sells when it breaks below), then fills at the index.

Triggers are in coin price (ETH, HYPE), not in ETH² price, because that's the number you watch. Resting orders show under Orders, where you can move the trigger or cancel.

Brackets

Any ticket or open position can carry a take-profit, a stop-loss and a trailing stop (a percent of the index). They trigger on the index and close the whole position at the exact payoff. Set them on the ticket before opening or from + TP/SL on the position.

Managing a position

• + Margin moves cash from your account into the position; a modal previews the new leverage and liquidation price. Not available on knock-out positions, whose collateral is fixed.
• ½ Close closes half the position at the current index and returns the proportional collateral and P&L to your account.
• Close closes all of it.

Flex cards and replays

Every closed trade can be shared. Flex renders a card with the market, side, leverage, entry and exit, return on collateral and net P&L, and gives you a link (the link preview on X and Telegram shows the card). Replay plays the trade back on the chart. Return on collateral is net of fees.

Leaderboard

Closed positions with at least $10 of collateral rank by return on collateral; traders rank by net P&L over 24h, 7d, 30d or all time.