Atlas Don Set November 20 For V1 Perpetuals Launch For Cardano

Atlas don target November 20 for full mainnet release of V1, dem perpetual futures exchange for Cardano. Di team announce di target on November 9 after dem open public mainnet beta wey get single BTC/USD market. Di planned release go still raise position limits and add one-click token swaps.

V1 Go Raise Position Limit Reach $2,000

Atlas dey plan to increase di maximum size of one position from $300 go $2,000. Di minimum collateral wey person need to open position go rise from $30 go $50. Di three extra markets go make total reach four.

Perpetual futures dey allow traders take position for price wey dey rise or fall without contract expiration date. Leverage dey allow traders take position wey big pass di collateral wey dem put. Atlas documentation explain say, if all things remain di same, higher leverage dey push liquidation price nearer to entry price. Liquidation dey close di whole position.

Vault Liquidity Na Wetin Determine Available Position Size

Traders go connect Cardano wallet and put stablecoins as collateral. One shared vault wey liquidity providers fund go dey take di other side of trades and pay trader profits.

Di planned $2,000 cap na di largest position wey di protocol go allow. Di amount wey go dey available for one individual order still depend on how much liquidity dey inside di vault when person open di position, according to Atlas documentation.

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One-Click Swaps Go Cover Trading And Vault Deposits

Atlas dey plan add one-click token swaps to make trading and deposits into di liquidity vault simple. Di feature go cover two actions for di platform: funding trade and supplying liquidity to di vault.

Di public mainnet beta dey offer BTC/USD trading with leverage capped at 5x. Atlas don tie di three extra markets, higher limits, and one-click swaps to di full V1 release.