NOVA Trade Gitbook
  • Nova Trade
    • 🤩Overview
    • 🦋Advantages
    • 🦆Features
    • 🐮NOVA Token
    • 🐧Nova Trade NFT
    • 🏹Roadmap
  • 🐦Trading
    • 🍒Trade Setup
      • 🥨BSC Network Setup
      • 🍳Arbitrum Network Setup
    • 🥕Opening and Closing Positions
      • 🥳Long Position
      • 🐺Short Position
    • 💸Fees
    • 🦄Practice Mode Guidelines
  • 🪅Nova Trade Test Trading Guide
    • 🔮I. How to add bsc testnet?
    • 🧮II. How to get test tokens?
    • ⬆️III. Test to buy Long
    • ⬇️IV. Test to sell Short
  • ❓Test Trading FAQ
  • 🐞Nova Trade Vault
  • 🐴Trade Fee Allocation
  • 🦅More Support
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Trading

Nova Trade is an innovative decentralized exchange (DEX) for spot derivatives. The platform utilizes a "PVPAMM" system, which allows users to provide liquidity to each other.

User trading process:

  1. Users hold USDT and other stablecoins.

  2. Users select the desired trading pair and open positions using USDT or other stablecoins, supporting leverage from 2X to 100X.

  3. Users close their positions and generate profits or losses.

  4. The winning party receives funds from the Vault, while the losing party's funds are deposited into the Vault.

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Last updated 1 year ago

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