Aster
  • OVERVIEW
    • What is Aster?
      • How to connect your wallet
      • Our smart contracts
  • Rewards Hub
  • PRODUCT
    • Product releases
    • AsterEX Pro
      • Pro fees
      • Margin
        • Calculating max transfers in Cross and Isolated margin
      • Mark price
      • Liquidations
      • Funding rate
      • Single asset mode & Multi-asset mode
      • Order types
      • Trailing Stop Order
      • Open Cost calculation
      • Grid Trading
        • Set-up Your Grid Trading Strategy
        • Futures Grid Trading Auto Parameters Guide
        • Long/Short Grid Trading introduction
      • VIP & MM program
        • Market maker requirement
      • ADL
      • Deposit/Withdraw Guide
      • Referral program
      • API
        • How to create API
        • API document
      • Delisting of a perps contract
    • AsterEX Simple
      • Leverage
      • Price oracles
      • Fees & slippage
      • Degen Trading Mode
      • Dumb mode
      • Manage your positions
      • Order types
      • Interact with the contract directly
    • Aster Earn
      • Mint asBNB
      • Mint asCAKE
      • Mint asUSDF
      • Mint asBTC
      • Aster ALP
        • How to mint ALP?
        • How to burn ALP?
        • ALP Fees
      • Ecosystem
        • PancakeSwap
          • LP on PancakeSwap
        • Pendle
          • asUSDF on Pendle
          • asBNB on Pendle
          • USDF on Pendle
          • How to calculate Au points for LP and YT
          • How to transfer liquidity to new pool
        • Tranchess
        • Restaking
        • Yield Strategies
    • USDF Stablecoin
      • Situating USDF in the Stablecoin Landscape
      • How USDF Works
      • Maintaining the Peg
      • Fund Custody & Risk Management
      • FAQs
      • Tutorials
    • AsterLayer
    • Help
  • Stage 1: Spectra
    • Aster Spectra: Stage 1
    • Mint to Earn Au
    • Au Trader Boost
    • Trade like a Pro, Earn like a Pro
    • Treasure Boost Campaign
    • Referral Bonus & Team Boosts
  • Brand & Community
    • Aster Media Kit
    • Official links
  • About us
    • Audit Reports
    • Aster – Terms and Conditions
    • Aster – Privacy Notice
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  • What is Simple mode?
  • Dumb mode
  1. PRODUCT

AsterEX Simple

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Last updated 1 month ago

mode offers a streamlined, fully on-chain perpetual trading experience with up to 1001x leverage, eliminating the need for deposits. It supports select pairs on both BNB Chain and Arbitrum networks.​

What is Simple mode?

Simple mode utilizes the ALP liquidity pool to provide liquidity across the supported trading pairs. By minting ALP, you contribute assets to the pool, effectively participating in market-making. This mechanism ensures deep liquidity and efficient trade execution.​

Key features

  • On-chain perpetual trading: Engage in perpetual contracts with high leverage, all transactions are transparently recorded on-chain.​

  • High leverage: Access leverage up to 1001x for BTCUSD, amplifying your trading potential.​

  • Hedging strategies: Implement techniques like delta-neutral strategies to manage risk and exposure effectively.​

  • Robust price oracles: Price feeds are sourced from , , and , ensuring accurate and tamper-resistant pricing.

Dumb mode

Dumb mode is a unique feature designed for price prediction. It allows you to forecast minute-by-minute price movements. This mode is available on both BNB Chain and Arbitrum networks, offering an engaging way to test the market.

AsterEX Simple
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Aster Simple's Dumb mode