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For Traders and Hodlers

Trade

{% embed url="https://www.youtube.com/watch?v=0U1kCfnYalI&rel=0" %} Trading Guide {% endembed %}

Holding positions in Power Perpetual is holding derivative tokens. E.g. $${ETH}^4$$, $${BNB}^2$$, $${BTC}^{-8}$$

Trading or changing Power Perpetual positions is swapping/converting some derivative tokens to another. E.g. swapping from $${ETH}^4$$ to $${ETH}^8$$ is increasing exposure/leverage of the same position.

Opening a position (or increasing a position value) is swapping from non-derivative tokens (BNB, WBNB, BUSD, CAKE_WBNB_BUSD) to derivative tokens ($${BNB}^2$$, $${BNB}^{-4}$$).

Closing a position (or decreasing a position value) is swapping from derivative tokens to non-derivative tokens.