First trade on CVEX

[@lakonbanawi]

I'll keep saying that I'm so excited with this test-net, so many new thing I can learn from this testnet

[@cvex_xyz]

We're thrilled to hear you're excited about the testnet! It's a great opportunity to learn and grow together.

[@bocah_cryptopreneurid]

Very brilliant & interesting project. I really excited for this airdrop Its community is fast growing. This has definitely huge potential as well. And i hope this project to the moon sir. 🥳

[@cvex_xyz]

The first portfolio risk capable platform for Options & Futures trading in DeFi, offering 1000x+ leverage based on margin offset. ‍ Multichain from day one; users can connect, deposit USDC & trade from several chains including Ethereum, Arbitrum, Base and Optimism. Deploying protocol on Arbitrum. Incorporated in Zug, Switzerland. go go go Cvex

[@Bluesmoon378]

Going higher

[@emmanuelifeanyi-by6jf]

very brillant

[@novaldiyusfa7730]

simply to understand

[@DanielFatoyinbo]

Thanks, but how do I go about long and short trades

[@lumaxigaming7944]

What does the expiry date mean on the contract? Is it different from normal contracts?

[@cvex_xyz]

Hey, classic futures have a fixed expiration date and are used for hedging or speculation, with their price converging with the spot price as expiration approaches. Perpetual futures do not have an expiration date, offering continuous trading opportunities and using a funding rate to keep prices aligned with the spot market. The article discusses the unique pricing mechanisms and trading advantages of each type. Also check this blog article: cvex.xyz/post/classic-dated-futures-vs-perpetual-futures