🚛Trade Logistics

Streamlined Trade Logistics: A Detailed Insight

EVM Chains (Ethereum, Base, BNB Chain)

1. Selecting Trade Parameters

When you open a trade, you set your position size and desired leverage. These choices define the trade’s risk and potential returns.

2. Fund Allocation

Your funds are sent to a dedicated third “user leverage wallet,” separate from both your wallet and the leverage pool. This keeps user funds and pool funds fully separate at all times.

3. Leverage Pool Involvement

The bot sends the borrowed portion from the leverage pool to the same “user leverage wallet” based on your chosen leverage.

4. Trade Execution

Once the wallet holds both your funds and the borrowed funds, the bot executes the trade in the selected asset.

5. Tracking Trades

Use the /tracklev command to monitor open positions and see live PNL updates.

6. Closing the Trade

When you close your trade, borrowed funds are returned to the leverage pool, and the remaining funds (minus fees) are sent back to your wallet.

7. Gas Fees

Leverage trades on EVM chains involve multiple transactions, so an extra 0.05 ETH is required to cover gas. Any unused amount is returned after the trade closes. Other chains have lower gas requirements.

Solana

On Solana, transactions are bundled through several processes. Each process incurs a very small fee, including your gas priority fee and a JITO tip. This bundling ensures fast entries and exits, and the fees are taken directly from your wallet. In most cases, the total cost is less than 0.1 SOL.

You can adjust your settings to increase throughput by paying more, or reduce costs by lowering your throughput priority. The flow of funds from your wallet to the leverage wallet, then to purchase the asset and back, is similar to EVM chains but not identical. For a deeper understanding of Solana trade execution, we recommend learning more about JITO and the Solana network’s bundled transactions.