Perp DEX
For testnet
Last updated
For testnet
Last updated
The Tucana Perp DEX is deployed on Tucana Chain. To conduct transactions on the Tucana Perp DEX, make sure you have TUC balance on the Tucana Chain in your wallet.
Access the Perp DEX from here:
https://birdee.ag.tucana.zone/
Access the TLP page first from the navigation
Under the "Liquidity Allocation" tab, you can choose an asset to deposit with to mint your TLP.
For example, if you choose to deposit with USDT, just simply input the amount that you want to deposit or the TLP amount that you want to mint. The amount of the other one will be calculated automatically based on the current rate.
Once you have confirmed your input, you can click "Add" to proceed and approve the transaction in your wallet. After the transaction is completed successfully, your TLP position will be reflected under the "Position" tab.
Access the "Perps Trade" page from the navigation
Firstly, you can select a particular market that you want to trade with.
Depending on your own perception of the market outlook, you can choose "Buy/Long" or "Sell/Short" by clicking the specific button on the top right of the website.
Buy/Long: Open a long position
You will earn a profit if the token price goes up
You will make a loss if the token price goes down
Sell/Short: Open a short position
You will earn a profit if the token price goes down
You will make a loss if the token price goes up
After selecting your position direction, you can select which coin you want to use as the collateral asset to open the position.
You can set the leverage you want to use for your position, which is up to 100x leverage.
And then, you can enter either the amount of asset you want to pay or the amount of asset you want to long or short, the amount of the other will be calculated automatically according to all your input parameters and the real-time price.
Once you confirm all your order settings, you can click the "Open Long" or "Open Short" button to proceed.
Confirm in the pop-up window to submit your order and approve it in your wallet. After the transaction is successfully approved, your position will be opened.
Your open positions can be found in the "Orders" section at the bottom of the page, while the completed or closed positions can be found in "History".
You can also modify your collateral amount or close your position if you need it.
