xStocks is a core trading section on SoneFi, offering a unified on-chain perpetual market that covers both crypto-native assets and stock-linked markets, all traded with ASTR as collateral.
As part of our regular trading activities, SoneFi is hosting a 4-week xStocks Trading Competition, designed for traders who want to deploy diverse strategies — from crypto momentum to equity-driven macro positioning — within a single, on-chain trading environment.
Built on Soneium, supported by Astar Network, and powered by real-time price feeds from Pyth Network, xStocks provides a consistent perpetual trading experience while maintaining full transparency and self-custody.
This is a time-limited trading activity for eligible traders on SoneFi.
Duration: 28 days (4 independent weekly rounds)
Total Rewards: $4,000 (paid in ASTR)
Weekly Pool: $1,000
Eligible Markets: All xStocks perpetual markets (including crypto and US stock assets)
Collateral: ASTR only
Ranking Metric: Total realized net profits (profits − losses)
xStocks has long been part of the SoneFi platform, offering traders a single venue to express both crypto and broader market views without switching platforms or collateral types.
Multi-asset exposure on-chain
Trade crypto assets and stock-linked markets through perpetual contracts, all within one unified interface.No KYC, no custody
Permissionless access directly from your own wallet.Unified collateral model
Use ASTR across all xStocks markets, simplifying margin management.Perp-native UX
Long / short, leverage, and familiar risk management tools.
What: xStocks Trading Competition on SoneFi
Markets: xStocks perpetuals (crypto + US stock assets)
Collateral: ASTR
Duration: 4 weeks
Rewards: $4,000 in ASTR
Metric: Total realized net profits
Connect your wallet at sonefi.xyz/#/tradexStocks
Ensure you hold ASTR for collateral
Trade any eligible xStocks perpetual market
Rankings are tracked automatically based on realized PnL
1st: $300 in ASTR
2nd: $200 in ASTR
3rd: $150 in ASTR
4th–10th: $50 in ASTR each
Rewards are denominated in USD value and settled in ASTR using a predefined price snapshot.
Tie-breaker: Earlier timestamp reaching final PnL ranks higher in case of a tie.
Our fee structure is designed to be transparent and straightforward.
Fee Type | Rate | Description |
Trading Fee | Fixed | A small percentage fee applied to the notional size of each trade (price × size). |
Funding Rate | Dynamic | A periodic payment exchanged between long and short positions to keep the contract price aligned with the underlying asset's spot price. |
Borrow Fee | Dynamic | A variable hourly fee paid for borrowing assets from the liquidity pool. The rate increases as more of the pool's assets are borrowed. |
SoneFi is built with security and reliability as core principles.
Oracles: We use real-time price feeds from Pyth Network, a leading decentralized oracle, to ensure our synthetic asset prices accurately reflect real-world market data.
Transparency: All transactions are recorded on-chain, offering a verifiable and transparent trading environment.
Self-Custody: You retain full control over your funds in your personal wallet. SoneFi never takes custody of your assets.
Risk Management: The platform includes built-in risk controls, such as leverage limits and position caps, to protect market integrity. As with any trading platform, users are responsible for managing their own risk.
Trading the eligible xStocks market during the campaign not only makes you eligible for ASTR rewards — it also helps you earn Soneium Score at the same time (subject to Soneium’s scoring rules).
At SoneFi, our mission is to build a financial future that is open, transparent, and empowering. By integrating real-time price feeds from Pyth Network and implementing robust, on-chain risk controls, we ensure a secure and reliable trading environment. We are committed to expanding access to global markets while upholding the core principles of decentralization and user sovereignty.