# 1001x [1001x](https://www.asterdex.com/en/futures/BTCUSD) Mode offers a streamlined, fully onchain perp 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 1001x?** 1001x 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** **Onchain perp trading:** Trade perpetual contracts with high leverage. All transactions are recorded onchain. **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 Pyth Network, Chainlink, and Binance Oracle, 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.