Built so a wick never ends your trade.
15 free minutes on every position, one oracle price, one vault, and a max loss that stops at your collateral.
Experience Liquidation Protection :
Your first 15 minutes of every trade are immune to liquidation.
Up to 100x on BTC, ETH, SOL and 21 more perpetuals. Every position opens with 15 free minutes where liquidation cannot touch it. No order book to wick. No bounty hunters. Your max loss is your collateral.
Limited spots available. Early access closing soon.
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Max Leverage
x100
Liquidation Shield
15 min
Borrowing Fees
0%
Safety
Self-Custodial
Liquidation Shield
Free on every position
Your first 15 minutes of every trade are immune to liquidation.
Volatility is the enemy of leverage. We fixed it.
When you open a position on FX100, you receive Liquidation Protection.
Same price, same position. Watch the wick.
Illustration on a made-up price path, not historical data. After the 15 minutes, a position still below its liquidation price is liquidated.
For the first 15 minutes, price wicks cannot liquidate you.
Enter positions during high volatility events without fear of stop-hunts.
Need more time?
Planned: pay a fee to extend your protection period. Not available yet.
Where is the catch?
“It’s not magic, it’s a grace period. It protects against volatility wicks, not bad decisions. After 15 minutes, you are on your own (unless you pay to extend).”
From referral code to your first protected position. No account to fund, no book to wait for.
Enter your referral code and connect your wallet. Non-custodial: the protocol never holds your funds.
Claim test ETH and USDC from the faucet inside the app. Free, and no real money at risk.
Choose a market, long or short, your collateral and your leverage, up to 100x.
Check the preview, confirm, and your 15-minute liquidation shield starts counting down.
Every perp opens with a 15-minute liquidation shield. No order book to wick, no bounty hunters, and your max loss is your collateral.
One oracle price, one vault, instant fills. Spread, fees and liquidation price are in the preview before you confirm.
Onchain positions, reserves, and protocol parameters are visible and verifiable.
Pick a market, set your leverage, and see exactly how far price has to move before liquidation. Then remember: on FX100 you get 15 free minutes before it can happen at all.
Price move to liquidation
3.45%
Down from your entry. On a standard perp, one wick that size closes you out. On FX100 it has 15 minutes to pass before it can touch you.
Estimate on isolated margin. Spread, funding and closing impact are not included, and the openable maximum can sit a little under the market cap. The order preview in the app is the real number. Testnet parameters, subject to change before mainnet.
Trade NowNo borrowing fees. Low funding. Every cost on the table before you confirm. With no borrowing fee and low funding, holding for days is a real option.
0%
None. Funding is the only ongoing cost of holding a position.
0.05%
On BTC and ETH. 0.075% on every other market. Shown before you confirm.
Low
Accrues per second, nothing to claim. Take the lighter side of a crowded market and you can get paid.
1
Spread, fees and liquidation price are in the preview before you click. The preview is the real number.
Markets on testnet
24 perpetuals
Every trade and every liquidation depends on one thing: is the price real? FX100 checks it four times before it acts, and when something looks wrong it does the one thing that protects you. It stops.
Downtime beats a bad fill. Always.
Before every fill and every liquidation
Chainlink Data Streams sets it. Pyth double-checks every print.
That market stops. Open positions stay safe, nobody is liquidated on a price that never existed.
Stale quotes are rejected, so nothing ever fills on yesterday's number.
After an outage on Base, FX100 waits for a clean restart before touching a single position.
One USDC vault backs every market, so your capital works across BTC, ETH and the whole list at once, and collects fees on every single trade.
Every open and every close feeds the vault. It grows with volume, not direction.
The net of funding flows lands in the vault, including a floor fee from longs on a balanced market.
Charged on liquidations after the protection window. Paid to the system, never to a bounty hunter.
The vault is the counterparty. When traders lose, it collects.
Know what you are signing up for. You are the counterparty: when traders win, the vault pays. Withdrawals take a seven-day cooldown, and your capital stays fully active, earning and exposed, the whole time. Deposit details are published before mainnet.
Non-custodial, onchain, verifiable.
Security is a process. Contracts and audits are published before mainnet, and everything is verifiable onchain.
Based on each platform's public documentation. Terms change, check the source before you trade.
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An on-chain perpetuals exchange on Base where forced liquidation isn't the default. Trade up to 100x leverage, with a protection engine built to keep your positions alive through volatility instead of closing them at the first wick.
Early access is live on testnet. Bring a referral code, claim test tokens, open a position with 15 free minutes of protection. Mainnet opens soon.
f(x) Protocol
Aladdin DAO