Here are the frequently asked questions and answers regarding futures trading on AscendEX DEX.
1. What types of futures contracts does AscendEX DEX support?
AscendEX DEX offers USDC-margined perpetual futures contracts, including BTCUSDT, ETHUSDT, and several other trading pairs. These contracts are perpetual with no expiration date and are tradable 24/7.
2. Does AscendEX DEX support all the future trading pairs launched on AscendEX?
No, AscendEX DEX currently supports dozens of futures trading pairs, but they do not completely overlap with the ones on AscendEX. You can check Futures Markets for details.
3. Does it support futures trading pairs with other stablecoins as collateral?
No, it is temporarily unavailable. AscendEX DEX currently only supports USDC-margined perpetual futures contracts and does not yet offer futures trading pairs margined by other stablecoins.
4. What collateral assets are available on AscendEX DEX?
Only USDC can be used as collateral on AscendEX DEX. All contracts on AscendEX DEX are USDC-margined perpetual contracts; so multi-asset collateral is not yet supported.
5. What order types are available on AscendEX DEX?
AscendEX DEX currently supports four types of orders: Limit Order, Market Order, Stop Limit, and Stop Market. To learn more about orders, please read here.
6. What is the maximum leverage supported?
AscendEX DEX supports a range of leverage, with a maximum of 50x.
7. What are the trading fees on AscendEX DEX?
Trading fees on AscendEX DEX are charged as follows: Maker 0.03%, Taker 0.06%.
8. How to become a liquidator on AscendEX DEX?
AscendEX DEX adopts a decentralized settlement mechanism. Any user with an Orderly account and sufficient margin can become a liquidator.
9. How can I view my futures positions on AscendEX DEX?
You can go to the bottom of the Trade page to view your order information including positions and order history.
10. How can I check the margin information of my positions?
You can go to the margin information area on the right side of the Trade page to view your collaterals.
11. How to view funding rates?
You can view the real-time funding rate on the Trade page for a certain contract.
