MadHoney
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  • 📈MadPerps
    • 📈Trading
    • 💰Liquidity provision
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  • 🎲MadMachine
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  • 👨‍💻User guide
    • 💹How to Trade Perps on MadHoney
    • 💵How to provide liquidity
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  • 🤝Partnooors (a.k.a. "The Bears Roll Deep")
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  1. User guide

How to Trade Perps on MadHoney

PreviousUser guideNextHow to provide liquidity

Last updated 4 months ago

Welcome to MadPerps, where the bears go to trade. Here’s your step-by-step guide to ape into the market like a true degen 🐻:

Step 1: 🦊 Connect Your Wallet

  • Smash that Connect Wallet button.

  • Choose your weapon (MetaMask, WalletConnect, etc.).

Pro Tip: If your wallet isn’t connected, are you even a real degen?

Step 2: 💵 Fund Your Wallet

  • Deposit collateral assets like $HONEY or $NECT.

  • Make sure you’ve got enough for gas fees (yep, even bears gotta pay gas).

Step 3: 🐾 Pick Your Perp

  • Head to the Trading tab.

  • Browse the available pairs (ETH/USD, BTC/USD, etc.).

  • Choose wisely, fren (or don’t — we’re not your financial advisor).

Step 4: 📈 Place Your Trade

  • Enter the amount you want to trade and pick your leverage.

    Warning: Leverage is spicy. Handle with care.

  • Review your position (or don’t, degen).

  • Smash the Confirm button and let the bear gods decide your fate.

Step 5: 🐻 Manage Your Position

  • Track your open positions in the Portfolio tab.

  • Adjust or close trades as needed.

  • Hodl if you're bold. Exit if you're weak.

Bear Wisdom: "Buy high, sell low" is not the meta (but we’ve all been there, fren).

FAQs (a.k.a. "What Do?")

  • What’s a perp? A perpetual contract (a.k.a. “perp”) is like a futures contract but without an expiration date. It’s for big brain traders.

  • Can I lose money? Yes. Welcome to crypto.

  • Why is everything so risky? Risk is fun. If you wanted safe, you’d be buying bonds, not trading perps.

Now go forth, fren. Trade responsibly (or don’t). Ooga booga. 🐻💹

Open .

👨‍💻
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MadHoney