We are pleased to announce the launch of our new Perpetuals feature on Testnet. Now you can trade with even more flexibility.
Tonic DEX — when DeFi meets Perpetuals
At Tonic DEX, we are committed to providing the best trading experience to NEAR community. The launch of perpetuals serves to help traders leverage their capital when trading on Tonic DEX.
Traders are now able to place perpetual orders, taking both long and short positions with up to 10x leverage using either NEAR, USDC, BTC, ETH or USDT as collateral.
The architecture of our perpetual contract currently allows for the following features:
- Open long and short positions
- Trade with up to 10x leverage
- Trade with low fees
- With more coming soon….
We heard your feedback and have implemented a mechanism to allow anyone to passively provide liquidity and earn protocol profits. See our staking tab to get started!
Next steps…
Several months of product development are behind us so now we can already introduce you to the most exciting part. The goal of this testnet is to gather early product feedback and iron out any kinks.
If you can think of any possible improvement about our product, please fill out this form: https://airtable.com/shrVmd3dKg2OvxAd4 . We value all feedback and will have rewards for great suggestions and findings.
We’re over-excited for you all to try it out. LFG!!! 🚀🚀
Join the Tonic community:
Website https://tonic.foundation/
Twitter https://twitter.com/tonicdex
Discord https://discord.gg/tonicdex
