Trading on Automatic
Last updated
Last updated
Trade using up to 175X leverage
Stay ahead of the curve with real-time price feeds using low-latency oracles with near-instantaneous pricing for industry-leading trading efficiency
Custom-engineered Hybrid IRT oracle architecture designed and built by Automatic and supported by Chainlink
On-Chain Referral Program rewards existing users and offers benefits to incentivize onboarding new users
State-of-the-art Rebate Token hedges Liquidity Providers against potential quarterly losses up to $10,000 per wallet per Quarter
Rapidly switch between Isolated and Cross-Margin trades to expand position size and reduce the likelihood of liquidation
Tailor your trading experience to your risk preference by setting Limit Orders to take profits or stop losses
15+ Tradeable assets using real tokens verifiably-present on-chain assets instead of synethics
The overwhelming majority of traders prefer to trade using volatile crypto collateral over stablecoins. Synthetic exchanges force you to trade using stablecoins, meaning you have to deposit your safest assets into the dapp and risk losing them. Automatic instead allows you to post collateral in 15+ assets (not limited to stablecoins), and enables you to take profits in any of the listed assets -- not just stablecoins. Synthetic exchanges generally operate using a debt pool model in which holders actually take on and socialize debt, whereas Automatic does not shift any debt obligation to any user. Automatic does not rely on debt, but rather, operates on deposited collateral across the ALP index. Likewise, Automatic does not utilize the single asset vault used by one prominent synthetic perpetual exchange because it centralizes 100% of platform risk onto the success, viability, and continued market dominance of that single stablecoin.
TL; DR --> By offering real assets, Automatic effectively distributes risk across a variety of assets and enables traders to post collateral and take profits in any asset of their choice.
Any asset which can be used to provide liquidity for ALP may also be used as a tradeable asset on Automatic, including BTC, ETH, MATIC, LINK, UNI, stETH, stMATIC, MATICx, CRV, AAVE, FTM, TEL, SAND, AVAX, QUICK, BNB, GNS, and many more. Stable assets include USDT, FRAX, USDC, MAI, and DAI. ATG holders control whether to add or remove listed index assets.
Any asset which can be traded on Automatic may be used as collateral both for trading and for providing liquidity to ALP's liquidity index.