Features
Perpetual Contracts
High Flexibility and Diverse Asset Selection
Perpetual contracts form the core of BitVau's trading products. With no expiration date, high leverage, and extensive asset coverage, they serve as a powerful tool for attracting high-frequency traders and speculators to the platform. BitVau's perpetual contracts span three major asset classes: cryptocurrencies, forex, and gold. Through an advanced funding rate mechanism and hybrid liquidity pools, they ensure trading efficiency and price stability.
Cryptocurrency Perpetual Contracts
BitVau offers perpetual contracts covering mainstream cryptocurrencies and popular altcoins, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Chainlink (LINK), and other highly liquid assets. Users can select leverage up to 100x based on market trends to amplify potential returns while mitigating liquidation risks through stringent risk control mechanisms. Key features of cryptocurrency perpetual contracts include:
High Leverage Flexibility: Supports leverage options ranging from 1x to 100x, catering to users with varying risk appetites. For instance, conservative traders can opt for low leverage for steady investments, while aggressive traders can pursue higher returns through high leverage.
Diverse Coin Selection: Beyond mainstream cryptocurrencies, BitVau supports perpetual contracts for emerging altcoins, offering users opportunities to capitalize on market trends. For instance, when an altcoin experiences price volatility due to technical upgrades or market buzz, users can swiftly engage in trading via perpetual contracts.
Real-Time Market Data: The platform provides live candlestick charts, order book depth charts, and market analysis tools to help users accurately gauge cryptocurrency market trends.
Forex Perpetual Contracts
BitVau's forex perpetual contracts cover major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, offering familiar trading options for investors from traditional financial markets. With massive trading volumes and exceptional liquidity in the forex market, BitVau aggregates global liquidity to ensure users execute trades at optimal prices. Key features of Forex Perpetual Contracts include:
Low Trading Costs: Through hybrid liquidity pools and an efficient matching engine, BitVau significantly reduces spreads and transaction fees for Forex Perpetual Contracts, enhancing users' profit potential.
High Market Transparency: FX perpetual contract prices are anchored to global spot FX indices. Users can view real-time price data on the platform, ensuring fair trading.
Flexible Trading Strategies: Users can combine technical and fundamental analysis to execute trend trading, arbitrage, or hedging operations via perpetual contracts, meeting diverse investment needs.

Funding Rate Mechanism
A key innovation of perpetual contracts is the funding rate mechanism, designed to maintain alignment between contract prices and spot prices. BitVau employs an algorithm to automatically adjust the funding rate, charging or paying fees between long and short positions based on the balance of market forces. This mechanism offers the following advantages:
Price Anchoring: The funding rate mechanism prevents perpetual contract prices from deviating significantly from the spot index, preserving market stability.
Dynamic Adjustment: The funding rate updates every 8 hours, dynamically adjusting based on real-time market data to ensure fairness for both long and short positions.
Transparent and Public: The funding rate calculation formula and historical data are publicly accessible to users, who can verify the rate's reasonableness via the platform or blockchain explorer.
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