Aster
  • OVERVIEW
    • What is Aster?
      • Wallet Connection Guide
      • Smart Contracts
  • PRODUCT
    • AsterEarn
      • 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
        • Tranchess
        • Restaking
        • Yield Strategies
    • USDF Stablecoin
      • Situating USDF in the Stablecoin Landscape
      • How USDF Works
      • Maintaining the Peg
      • Fund Custody & Risk Management
      • FAQs
      • Tutorials
    • AsterEX Pro Mode
      • Fees
      • Order types
      • Margin
        • How do I calculate the maximum amount that I can transfer in/out in Cross and Isolated Margin modes?
      • Mark price
      • Liquidations
      • Funding Rate
      • Muti/Single Asset Margin
      • ADL
      • Trailing Stop Order
      • Referral Program
      • API
        • How to create API
        • API document
    • AsterEX Simple Mode
      • Leverage
      • Price Oracles
      • Fees & Slippage
      • Dumb Mode
      • Manage Your Positions
      • Order Types
      • Interact with the contract directly
    • AsterLayer
  • Stage 1: Spectra
    • Aster Spectra: Stage 1
    • Mint to Earn Au
    • Trade to Earn Rh
    • Referral Bonus & Team Boosts
  • Brand & Community
    • Brand Assets
    • Official Links
  • About us
    • Audit Reports
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  1. PRODUCT

AsterEX Simple Mode

AsterEX Simple mode (ALP mode) offers unique features like up to 1001x leverage and price-prediction Dumb Mode.

Key Features of Aster Simple Mode:

  • Onchain Derivatives Trading (Perp): Trade perpetual contracts with high leverage on BNB Chain and Arbitrum networks. Perp trading lets you employ hedging strategies and gives you exposure to various financial instruments. All transactions can be publicly verified on-chain.

  • ALP Liquidity Pool: The ALP pool provides liquidity for all trading pairs on AsterEX. Those who mint ALP participate in market-making.

  • Market-Highest Leverage: Trade with high leverage for more buying power. Enjoy up to 1001x leverage for BTCUSD.

  • Dumb Mode (Dumb): Dumb Mode is a forecast (price prediction) product designed to predict the minute-by-minute fluctuations of an underlying asset's value. Dumb Mode is available on BNB Chain and Arbitrum networks.

  • Robust Price Oracles: Utilizing price feeds from Pyth Oracle, Chainlink and Binance Oracle helps avoid abnormal price behavior in the event of manipulation or lack of liquidity from the oracles' source platforms. This mitigates the risk of unexpected liquidations.

  • Enhanced Liquidity & Risk Management: Aster-supported assets can be used as collateral, thus significantly enhancing the liquidity available within the ecosystem. Aster Simple Mode offers you advanced trading strategies and tools, enabling effective risk management when trading.

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Last updated 18 hours ago