Trading

How to execute trades across all asset types

Defined allows you to trade tokens, perps, and predictions in one unified interface using market specific boards and trading panels.

🚧 Trading Academy boards coming soon! 🚧

Funding Your Account

• Our Quick Start Guide goes through our deposit flow for your USDC cash balance (used for token trading via Relay).

• Transfer funds to Hyperliquid or Polymarket to trade Perps and Prediction markets by selecting "Deposit" on respective trading panels for those markets.

Token Trading

• Market orders

  • allow for instant execution at the current price. Simply select your spend amount and hit "Buy".

  • Adjust slippage by selecting the "Auto" at the bottom of the trading panel and selecting "Custom" to enter a preferred amount. Higher slippage will prevent trading errors for highly volatile tokens.

• Limit & Stop orders

  • Set a price you would like your order to trigger at (above or below depending on Limit or Stop order).

  • Set an expiry date.

  • Manage your orders in the Orders panel

• Understanding fees and gas

  • Hovering order the fee indicator () will give you a breakdown of gas-fees, Relay fees, and Defined (app) fees if applicable.

  • Our standard trading fee on Defined is 0.75% on top of any fees imposed by Relay.

  • Defined sponsors gas fees whenever possible. In rare occasions, a gas top-up may be required on new networks when you make your first trade, but we handle this for you automatically.

  • Our trading fees allow us to cover your gas fees, priority fees, and allow you to seamlessly trade cross-chain on any network without having to bridge. This ultimately saves our users money over the lifetime of their trading journey compared to other apps/trading terminals.

  • Note: All trades are settled in USDC on Solana

Perpetuals Trading

• Perpetuals allow you to trade based on whether you believe an asset price will rise (long), or fall (short).

• Market orders

  • Execute instantly at current price. Select leverage (up to 20x), enter your position size, and hit "Buy" or "Sell"

• Limit orders

  • Set a trigger price where you want your position to open. Your order executes when the market hits that price. Unlike Token limit orders, Hyperliquid will fill at the exact price you set and not "at or below".

• Leverage

  • Allows you to trade with more capital than you have deposited. Higher leverage = higher potential profit AND risk. Start low (2x-5x) until comfortable.

  • Important! Positions can be liquidated if price moves against you. Watch your liquidation price and manage risk carefully.

    The higher the leverage, the more likely you can be liquidated if the price moves in the opposite direction of your trade.

Prediction Markets Trading

• Coming soon!