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DexToro Lists JTO & ORDI

Hello Traders,

DexToro is excited to share the additional listing of JTO & ORDI perpetual futures markets available for leverage trading through DexToro on the Optimism layer 2 Ethereum blockchain.

DexToro is a Decentralized Perpetual Futures Protocol Offering Exposure to Real-World and On-Chain Synthetic Assets with Leverage. Powered by Optimism.

Trade Crypto, Forex, and Commodities with Low Fees, Deep Liquidity, and Zero Slippage. No sign-up or KYC is required.

https://dextoro.com/

The prices will be set via decentralized push-based Chainlink oracles, as well as pull-based Pyth Oracles, fees can and will vary depending on the asset, and the newest Futures Fees can be found in the order entry panel.

📝Contract Specs

JTO-PERP

  • Underlying Asset: $JTO

  • Open Interest (OI) Cap: 550,000 JTO

  • Maker/Taker Fees: 2/10 bps

  • Skew Skale: 8,000,000

ORDI-PERP

  • Underlying Asset: $ORDI

  • Open Interest (OI) Cap: 20,000 ORDI

  • Maker/Taker Fees: 2/10 bps

  • Skew Skale: 750,000

Aside from the above, the perps markets will share the following configurations:

  • Expiry: Perpetual

  • Leverage: 25x

  • Funding: The Funding Rate applies to open positions on Perpetual Futures contracts.

  • liquidationPremiumMultiplier: 3

  • offchainDelayedOrderMinAge: 15 seconds

  • offchainDelayedOrderMaxAge: 120 seconds

  • maxFundingVelocity: 36

  • offchainPriceDivergence: 10%

  • maxLiquidationDelta: maker+taker offchain fees

  • maxPD: maxLiquidationDelta * 2

  • LiquidationBufferRatio: 150 bps

Risk warning:

(“Trading”) involves a significant risk of loss and is not suitable for all investors; in particular, past developments do not necessarily indicate future results. Please note that the risk of loss in trading can be substantial.

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