Traders

Surge enables traders to take both long and short positions on a selection of liquid tokens. Unlike traditional spot DEXs, where tokens are directly exchanged, Surge allows traders to speculate on price movements without an actual token swap. Traders can use margin accounts funded with high-quality collateral to support their trades. This setup allows traders to benefit from both rising markets (by going long) and falling markets (by going short), creating opportunities for profit in diverse market conditions.

Key features include:

• Leveraged Positions: Gain amplified exposure to token price movements.

• Short Selling: Profit from market declines by taking short positions.

• Collateral Flexibility: Use a variety of high-quality assets to back trades.

• Account Segregation: Set up separate accounts to organize collateral and manage risk across trades.

Pricing on Surge is derived from a reliable Oracle system that ensures trades reflect accurate, real-time market data.

Surge provides various order types for flexible trading approaches, including Market, Limit, and Stop Limit orders. Take Profit and Stop Loss settings can be added to orders, allowing traders to manage risk and optimize returns.

Traders on Surge can use leverage to amplify their positions, but they must carefully manage collateral, as high leverage increases the risk of liquidation. If the collateral supporting a trade drops below required levels, Surge will automatically liquidate the position to prevent further losses. This process protects traders and the platform by ensuring that open positions have adequate backing.