Perpetuals

Perps let you open long or short exposure to a market without holding the underlying asset. Echoralis prepares the order; your wallet approves every trade.

Flow

1. 1

   Select market

   Choose a supported perpetual market such as ETH-PERP or BTC-PERP.

2. 2

   Choose direction

   Open a long or short position based on your view.

3. 3

   Set leverage

   Pick leverage from 1x to 20x. Higher leverage increases liquidation risk.

4. 4

   Confirm margin

   Deposit the required margin and review notional size, fees, and liquidation price.

5. 5

   Execute

   Sign the transaction in your wallet to open or close the position.

What you control

• Maximum leverage per position
• Margin added or removed from an open position
• Take-profit and stop-loss levels, where supported
• Full position close or partial reduce
• Real-time unrealized PnL and funding estimates

Risks

• Liquidation if margin cannot cover losses
• Funding rates that accrue while a position is open
• Price slippage during high volatility
• Smart-contract and oracle risk of the underlying venue