LeverageX

LeverageX is a platform feature that allows users to place leverage orders on cryptocurrencies like BTC, ETH, or USDC and synthetic assets like xSPY, xTSLA, and xNVDA. Users can initiate long or short positions through a SC designed for leverage operations. This contract draws liquidity from a Borrow Pool, which, in return, accrues yield from transaction fees and the liquidation of positions.

The Borrow Pool is funded by investors seeking yield, who provide liquidity in exchange for returns generated by user activity on the platform. The Fee Management SC collects the funding rate fees from the Borrow Pool.

Next page:

Disclaimer