FAQ
Which coins can I trade? Elysium launchpad coins that clear the bar. The list grows as coins clear it.
Why WHYPE and not HYPE? Contracts handle a token more safely than the native coin. The desk wraps and unwraps 1:1 for you.
How much leverage? From 1x up to the market’s maximum: 2x, 3x or 5x, by the depth of the coin’s pool.
Can my position be liquidated by someone pushing the pool? Not within a block: liquidation reads the slow mark, and only the keeper moves it, a small step at a time.
Why is my entry price different from the pool’s price? You trade at the worst for you of the mark, the pool and the pool’s last 10 to 20 minutes. It is what makes pushing a small pool useless.
What does it cost? 0.30% to open, 0.30% to close, 0.005% of size an hour while open, and funding when one side is busier. See Fees.
Is my position at risk if the market is delisted? You can always close it yourself. Seven days after a delisting, remaining positions can be settled at what your own close would get.
I created a coin. How do I get my 20%? Once your coin is listed, your share of its fees accrues in WHYPE; claim it on the Fee shares page with the wallet named as creator.