Perpetual Assets
GX Exchange lists USDC-margined perpetual contracts across major crypto assets, altcoins, and real-world assets. All perpetuals settle in USDC with linear payoff structures.
Major Markets
The following perpetual markets are available at launch with asset-specific margin tier configurations:
| Market | Ticker | Max Leverage (Tier 1) | Max Leverage (Tier 2) | Tier Boundary |
|---|---|---|---|---|
| Bitcoin | BTC-USD | 40x | 20x | $150M notional |
| Ethereum | ETH-USD | 25x | 15x | $100M notional |
| Solana | SOL-USD | 20x | 10x | $70M notional |
Standard Markets
All other perpetual markets use the default margin tier configuration:
| Tier | Notional Range | Max Leverage | Maintenance Margin |
|---|---|---|---|
| 1 | $0 — $20M | 10x | 5.00% |
| 2 | > $20M | 5x | 10.00% |
Standard markets include but are not limited to:
- Layer 1s: AVAX, ADA, DOT, ATOM, NEAR, APT, SUI, SEI
- Layer 2s: ARB, OP, MATIC, STRK, MANTA
- DeFi: AAVE, UNI, MKR, LDO, SNX, CRV, GMX
- Memecoins: DOGE, SHIB, PEPE, WIF, BONK, FLOKI
- Infrastructure: LINK, FIL, GRT, RENDER, AR, HNT
RWA Perpetuals
GX Exchange supports perpetual contracts on real-world assets, providing 24/7 decentralized exposure to traditional financial instruments:
- Equities: AAPL, GOOGL, MSFT, AMZN, TSLA, NVDA, META
- Commodities: GOLD (XAU), OIL (WTI)
- Indices: SPX (S&P 500), NDX (Nasdaq 100)
See RWA Perpetuals for oracle sources, trading hours, and margin requirements.
Prediction Markets
GX Exchange offers binary prediction markets (YES/NO contracts) for event-based trading. See Prediction Markets for details.
Listing Criteria
New perpetual markets are listed based on:
- Liquidity: Sufficient spot liquidity across at least 3 major centralized exchanges to support reliable oracle pricing
- Market cap: Minimum $50M fully diluted valuation
- Demand: Demonstrated community and trader interest
- Oracle coverage: Available price feeds from the weighted median oracle system (8 exchange sources)
Market Parameters
Each perpetual market is configured with:
- Tick size: Minimum price increment (varies by asset price level)
- Lot size: Minimum order size increment
- Maximum leverage: Per margin tier (see Margin Tiers)
- Initial margin:
1 / max_leverage(e.g., 2.5% at 40x) - Maintenance margin: Approximately half of initial margin (e.g., 1.25% at 40x)
- Funding interval: 8 hours, settled hourly
- Oracle source: Weighted median of 8 centralized exchanges
Contract Type
All GX Exchange perpetual contracts are:
- Linear: Settled in USDC, PnL denominated in USDC
- Perpetual: No expiry — contracts roll indefinitely
- Settlement: Continuous — realized PnL is credited/debited in real-time
See Contract Specifications for exact tick sizes and lot sizes per market.