LogoLogo
Trade Now
  • Trade Now
  • 👋Welcome
    • About Demex
      • Roadmap
      • Terms and Conditions
      • Disclaimers
    • Getting Started
      • Depositing
      • Activate Account
      • One-Click Trading
  • 💰Demex Rewards
    • 🪂Demex Points
      • Spins
      • Wheel of Fortune and Loot Boxes
      • Squads
      • DMX Token
      • FAQs
    • 🏁Demex Endgame: 50,000,000 Demex Points
    • 💵Demex Credits
    • 💧User Pools
    • 🕙Past Events
      • 2022
        • Futures Trading Competition
          • Maker vs Taker #1
          • Maker vs Taker #2
        • Perpetuals Trading Competition
          • Top Gainers and Top Traders #1
          • Top Gainers and Top Traders #2
          • Top Gainers #3
      • 2023
        • Demex Trading Leagues
          • Demex Trading League
            • How to Register
          • Demex $100,000 Mega Marathon
            • Demex Trading League Vol 1
              • How to Register
            • Deposit Booster
            • Demex Trading League Vol 2
          • Demex Trading League (Round 3)
            • How to Register
          • Demex Trading League (Round 4)
          • LUNA Earn-A-Thon & Demex Trading League (Round 5)
          • Demex Trading League (Round 6)
          • SCRT Trading League
        • Earn-a-thons
          • Demex x StaFi ATOM Earn-A-Thon
          • Demex x Zilliqa ZIL Earn-A-Thon
            • How to Register
        • Trading Challenges
          • BNB Trading Challenge
            • How to generate your custom hashtag
          • NEO Trading Challenge
            • How to Register
          • OSMO Perp Trading Challenge
          • Perps Trading Challenge
        • Special Events
          • $500 Surprise Flash Promotion
          • Demex Incentivized Devnet (Ended)
            • Perp Pools Deposits
            • Base Vault and $CLP Staking
            • Fluo Dashboard (Deprecated)
              • Stake FLUO
              • Boost Rewards
              • esFLUO Rewards
            • Demex Trading League (Devnet)
              • How to Register
            • The HODL Lottery
              • How to Register
              • How to Count Your Tickets
      • 2024
        • Celestia Trading League
        • FOMO Points Booster
        • DeFi Points Booster
        • Celestia Points Booster
        • 🥛milkTIA x Demex Points Booster Bonanza
        • BTCETH Points Booster
        • 🟠 Archway Trading League
        • ⚛️ Cosmos Trading Competition
          • 🐋Whalecome to Demex
        • 💯DeFi & FOMO Points Booster
        • 💯DeFi & Layer 1 Points Booster
        • 💧dATOM Lend and Trade Spins Promo
        • 🐸Perp Pool Incentives with Leap Wallet
        • 👋Welcome #BackToDemex
        • 🥛milkTIA Lend and Trade Spins Promo
        • 🛡️Loss Protection
        • 🏃‍♂️STRD Lend and Trade Spins Promo
        • 🐶Meme Traders Arena
        • 🛡️Loss Protection Oct-Nov
        • 🌙LUNA Lend and Trade Spins Promo
        • 💯Modular Pool Points Booster
        • 🕰️Mantle Lend & Trade Spins Promo
        • 🏎️Mantle Trading League
        • 🛡️Loss Protection Dec 9 - 20
        • 👑Mantle Trading League S2
      • 2025
        • 🔲Mantle Rewards Station: 30,000,000 Demex Points
        • 🔲Mantle Rush
        • 🔐Loss Protection March 19 - 26, 2025
        • 🌀Mantle Lend & Trade Spins Promo
        • 💙Base Trading League
        • 🧢Base Lend & Trade Spins Promo
        • 🛡️Loss Protection Feb 10 - 20, 2025
        • 📝#DemexContentQuest
        • 📈#PerpsOnDemex
        • 👥Demex Referral Club
        • 🤖Traḋemex Bot
  • 📊Trade
    • Features
    • Perps & Futures
      • Pricing Engine
      • Margin Specifications
      • Liquidation Engine
      • Market Specifications
      • Pre-launch Perpetuals
      • Glossary
      • FAQs
    • Grouped USD Token
      • Constituent Criteria
      • Safety Features
      • Migration Guide
    • Fees
      • Trading Fees
      • Funding Fees
      • Network Fees
      • Deposit & Withdrawal Fees
      • Fee Delegation
      • CEX to Demex VIP Program
      • Fee Distribution
    • Notifications
      • Demex Progressive Web App (PWA)
    • Trading Modes
      • Lite Mode
      • Pro Mode
        • Features
        • Market Leverage
        • Order Types
        • Execution Options
        • Time-In-Force 🆕
        • Trigger (Stop) Orders
          • Take-Profit
          • Stop-Loss
        • Chart Trading 🆕
  • 💰EARN
    • Liquidity Pools
      • Spot Pools
        • Earnings
        • Amplified Pools
        • Uneven Pool Weights
        • Multi-Pool Routing
        • FAQs
      • Perp Pools
        • Earnings
        • Deposting & Redeeming
        • AMM Strategy
    • Nitron (Lend & Borrow)
      • Lending
      • Borrowing
        • Avoiding Liquidations
      • Liquidation
        • Partial Liquidations
      • USC Stablecoin
        • Interest Rate Model
      • High Efficiency Mode (E-Mode)
      • Liquidations
        • Liquidation Guide
      • Strategies
        • Using Nitron for Perp Trading
      • Protocol Safety Features
      • Risks
    • Referrals
      • Sharing Your Referral Link
      • FAQs
      • Terms and Conditions
  • Stake SWTH / DMX
  • 🫂COMMUNITY
    • Public Community Nodes
    • Feedback
    • Glossary
      • Annual Percentage Rate (APR)
      • Arbitrage
      • Decentralized Applications
      • Execution Options
      • Liquidation
      • Liquidity Pool
      • Liquidity Providers
      • Perpetual Pool
      • Open Interest (OI)
      • Order Book
      • Time-In-Force
      • Volume
      • Yield Farming
  • ⚙️Developers
    • APIs Overview
    • WebSocket API
    • RPC API
    • EVM API
    • Insights API
    • Node CLI
    • Running a Node
      • Testnet
      • Mainnet
      • Public API Node
      • Validators
        • Commissions & Penalties
  • 🤖EVM
    • Overview
    • Deployment Tutorial
    • Interacting with Demex L1
      • Built-in Oracle Contracts
      • Precompiled Trading Contracts
    • ICS-20 <> ERC-20 Token Conversion
    • Explorers
Powered by GitBook
On this page
  • How to Use Nitron for Trading Perps on Demex
  • 1. Deposit Collateral
  • 2. Borrow USD / Mint USC
  • Advantages
  • Disadvantages

Was this helpful?

  1. EARN
  2. Nitron (Lend & Borrow)
  3. Strategies

Using Nitron for Perp Trading

Nitron supercharges your perp trading experience.

PreviousStrategiesNextProtocol Safety Features

Last updated 4 months ago

Was this helpful?

With the help of Nitron, traders can trade perps on Demex without depositing USD stablecoins.

In this page, we'll cover the basics of trading perpetual markets with Nitron, while in the next section we'll cover more advanced Nitron strategies.

How to Use Nitron for Trading Perps on Demex

Traders first need to deposit any supported asset on Nitron and enable them as collateral to borrow USD, or mint USC (Carbon's stablecoin) and swap it to USD, and use it to start trading perps.

1. Deposit Collateral

Firstly, deposit any supported collateral into by clicking on 'Lend'.

  • Lend: On , select a supported asset as collateral by clicking on 'Lend'

  • Use as Collateral: Deposit the chosen collateral and enable 'Use all as collateral'.

2. Borrow USD / Mint USC

Steps to Borrow USD:

  • Under the 'Borrow' column, search for 'USD' and click on 'Borrow' and input the quantity of the USD you want to borrow.

Steps to Mint USC:

  • Mint USC: Under the 'Borrow' column, click on 'Mint' and input the quantity you want to mint.

Advantages

  • Cross-Chain Flexibility: Nitron's cross-chain capability allows for the use of various assets as collateral.

  • Leverage: By borrowing USD, traders can potentially leverage their positions to enhance gains.

  • Permissionless: The process does not require permission, thus it's accessible to a broad user base without stringent requirements.

Disadvantages

  • Interest Rates: Borrowing USD or minting USC involves interest fees, which can reduce profitability.

  • Liquidation Risks: If the collateral's value drops significantly, users may face liquidation, resulting in the loss of their collateral on Nitron.

  • Market Risks: Trading perps is inherently risky, and the borrowed funds can amplify losses as well as gains.

Using Nitron to trade perpetuals on Demex offers a novel approach for those looking to utilize cross-chain assets and engage in leveraged trading. While there are clear benefits to this method, such as flexibility and the potential for increased profits, users must also be aware of the risks, including interest fees and liquidation dangers.

It is essential for users to conduct thorough research and consider their risk tolerance before participating in leveraged trading activities.

Now that you have collateral,you can borrow USD or mint USC. The minted USC can then be sold for USD on the , which is the currency denomination for perps on Demex.

Exchange for USD: Sell your USC to get USD on the .

Congratulations! You have now obtained USD, you can now proceed to .

💰
USC-USD spot market
USC-
USD
spot market
trade perpetual contracts
Nitron
Nitron
Click 'Lend' to deposit your preferred asset.
Enable 'Use all as collateral' while lending.
You can choose between USC or USD based on the amount available in protocol and the interest you'll pay.