Long/Short

Long – Buy Call Option

When you believe a token’s price will rise, you can pay a premium to go Long.

What You do:

• Open a Long Position

• Pay the premium (in tokens)

P&L before maturity:

• 📈 Current Price > Strike Price → Profit, settle in USDT via “Take Profit”

• 📉 Current Price < Strike Price → Loss limited to premium; you may “Close Position” early to stop losses (the remaining premium will be settled in tokens) Regardless of price movements, users may choose to close their position early to exit the trade. The final profit and loss (P&L) is calculated based on the real-time market quote and may result in either a profit or a loss.

Short – Buy Put Option

When you believe a token’s price will fall, you can pay a premium to go Short.

What You do:

• Open a Short Position

• Pay the premium (in USDT)

P&L before maturity:

• 📉 Current Price < Strike Price → Profit, settled in tokens via “Take Profit”

• 📈 Current Price > Strike Price → Loss limited to premium; you may “Close Position” early to stop losses (the remaining premium will be settled in USDT). Regardless of price movements, users may choose to close their position early to exit the trade. The final profit and loss (P&L) is calculated based on the real-time market quote and may result in either a profit or a loss.