Overview of the DegenVerse Memecoin Derivatives Market

Memecoin Futures Contracts

Futures contracts enable investors to buy or sell Memecoins at a predetermined price on a specific future date. DegenVerse offers multiple types of futures, helping investors take advantage of Memecoin’s price fluctuations:

• Standard Futures: Users open positions at the current market price and close them on a specified date in the future, profiting from price differences.

• Long Futures: For bullish investors who expect Memecoin prices to rise. They buy futures now and sell at a higher price upon contract expiration to capture the price difference.

• Short Futures: For bearish investors who expect prices to drop. They sell futures now and later buy back at a lower price, profiting from the difference.

• Inverse Futures: Allow users to short Memecoins. For instance, if they anticipate a price decline, they borrow Memecoins, sell them, then buy back at a lower price to repay the borrowed tokens and pocket the difference.

Memecoin Options

Options grant the holder the right—but not the obligation—to buy or sell Memecoins at a predetermined price on or before a certain date. DegenVerse supports both major types:

• Call Options: Give holders the right to buy Memecoins at a specified strike price by the expiration date. Suitable for those bullish on Memecoin prices.

• Put Options: Give holders the right to sell Memecoins at a specified strike price by the expiration date. Suitable for those bearish on Memecoin prices.

Memecoin Leverage Trading

Leverage trading allows users to borrow additional funds to increase their trading positions, amplifying returns. DegenVerse supports various leverage multiples (e.g., 2x, 3x, 5x, 10x):

• Leverage Multiples: By borrowing funds, traders with smaller initial capital can open significantly larger positions. For example, with $1,000 and 10x leverage, a user can manage a $10,000 position.

• Leverage Risks: While it can amplify returns, leverage also magnifies losses. DegenVerse implements smart risk control to ensure the safety of leverage trading.