Mechanics

The Trading Interface

Main Dashboard Elements:

1. Markets Selector: Filter by asset class (Crypto, Forex, Stocks, etc.)

2. Price Chart: Real-time candlestick chart with technical indicators (TradingView integration)

3. Order Book/Depth: Visibility into the immediate liquidity available.

4. Order Placement Panel: Where you input size, leverage, and direction.

5. Position Monitor: Bottom panel showing open positions, P&L, and liquidation prices.

6. Tournament Status: Your live ranking in the current competition.

Execution Model

Zero Price Impact

Trades are executed at the Oracle Price. There is no "price impact" or slippage cost for entering large positions (up to the pool's cap). This is distinct from AMM-based perps where large trades move the price.

No Scam Wicks

Since price is determined by an aggregate of high-quality oracles (Oracle Pricing), your position is safe from localized exchange "wicks" or manipulation. Liquidations only happen if the true market price hits your liquidation point.

Opening Positions

Opening a Long Position

Scenario: You believe BTC will rise from $40,000 to $50,000.

1. Select BTC/USDC trading pair.

2. Click the Long (Buy) button.

3. Set parameters:

   • Collateral: How much USDC to put up.

   • Leverage: e.g., 10x.

   • Size: Calculated automatically (Collateral × Leverage).

4. Review details (Entry Price, Liquidation Price, Fees).

5. Submit Order.

Opening a Short Position

Scenario: You believe ETH will fall.

1. Select ETH/USDC trading pair.

2. Click the Short (Sell) button.

3. Set parameters:

   • Collateral: e.g., $1000.

   • Leverage: e.g., 5x.

   • Size: $5000 worth of ETH.

4. Review and Submit.