๐งUser Pools
Trade with More Collateral, Earn Shared Profits through User Pools.
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Trade with More Collateral, Earn Shared Profits through User Pools.
Last updated
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User Created Pools are perp pools created by users. Pool creators can trade perps on behalf of the poolโs depositing users.
Explore User Pools Now โ https://app.dem.exchange/pools/perp/user
To create your own pool,
Click on Create Perp Pool on the Perp Pools page
Choose a Pool name and a Pool description
Deposit a minimum of 100 USD. Pool Creators must always maintain at least 5% of the poolโs value. Withdrawals are not allowed if they would reduce your share below 5%.
You have the option to set deposit and withdrawal fees, with the default fee being 0%. The maximum allowed fee for both deposits and withdrawals is 1%.
To trade on behalf of your pool, switch from your personal account to your Pool account using the navigation bar. All trades made while in your Pool account will be executed on behalf of your created pool.
Pool Creators can whitelist up to 5 users as Pool Controllers, allowing them to trade on behalf of the pool. Pool Controllers can be removed at any time.
Pool Creators are responsible for manually approving withdrawal requests to release depositorsโ funds from the pool.
Before closing the pool, Pool Creators must ensure all open positions are closed. Once the pool is closed, all depositors will automatically receive their share of the pool, along with their net PnL.
Pool Depositors are users who contribute funds to a user-created pool.
As a Pool Depositor, you can access key information about the pool, including performance, volume, open positions, and trade history. You can also see how many users have deposited into the vault and how long theyโve been supporting it.
When you deposit funds, you will receive DPLT tokens, which represent your stake in the pool. Your deposited funds will be transferred to the Pool Creatorโs Pool Account and will count as part of the Pool Creatorโs margin.
Depositors can only request to withdraw their funds 24 hours after making a deposit, to reduce pool volatility.
All withdrawals must be manually approved by the Pool Creator. Automatic withdrawals will be available soon.
User Pool: Perpetual trading pool managed by a trader (Pool Leader) using pooled user funds to generate profits shared between the Pool Leader and Depositors.
Pool Leader: Trader who manages the trading strategy of a User Pool, receiving 10% of generated profits.
Depositor: User who deposits funds into User Pools to passively benefit from the trading strategies of Pool Leaders, without actively managing trades.
DPLT Token: Token representing a Depositorโs share and stake within a specific User Pool.
Pool Controllers: Additional user whitelisted by the Pool Leader, authorized to execute trades within the User Pool.
Withdrawal Approval: Process requiring Pool Leaders to manually approve Depositor withdrawals to ensure responsible fund management.
Profit Sharing: Distribution mechanism where Pool Leaders receive 10% of pool profits and Depositors receive the remaining 90%.
Deposit and Withdrawal Fees: Optional fees set by Pool Leaders (up to a combined maximum of 10%) for funds entering or exiting a User Pool.
What is a User Pool and who can create one? A User Pool is a trader-managed perpetual trading pool where Pool Leaders trade using capital from Depositors. Any trader can create a Pool by depositing a minimum of $100.
How do Pool Leaders earn from a User Pool? Pool Leaders earn 10% of the profits their Pool generatesโbut only after the Pool's total value rises above the initial deposits. They earn nothing if the Poolโs overall PnL is negative.
How do I choose which Pool to deposit into? You can explore Pools based on detailed stats like performance history, returns, and risk metrics. This transparency helps you find a Pool that fits your investment goals and risk tolerance.
Can I withdraw my funds anytime as a Depositor? Yes, but all withdrawals require manual approval by the Pool Leader. This ensures secure and responsible fund management while still allowing exit flexibility.
What are DPLT tokens and how do they work? When you deposit into a Pool, you receive DPLT tokens that represent your share of the Pool. These tokens track your portion of the funds and are used to calculate your profit share.
