> For the complete documentation index, see [llms.txt](https://docs.asterdex.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.asterdex.com/trading/1001x.md).

# 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.

<figure><img src="/files/73w9mhOjux2sgYP53SNM" alt=""><figcaption><p>1001x's Dumb Mode</p></figcaption></figure>