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  • Trade Limits:
  • Advanced Settings:
  • FLP Parameters:
  1. + Features

Platform Parameters

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Last updated 1 year ago

Topics covered in this section:

Important parameters to take note of when trading on the FireUp platform.

Trade Limits:

To reduce the risk of FLP exposure per trade, we have implemented a limit on trade size relative to FLP size.

  • Max Amount:

The size of an option that a user can buy is limited by the liquidity available in the pool. Currently, the maximum utilization rate of the pool is 40%. Additionally, there is a maximum utilization rate of 2% to 3% per asset per direction (up/down), depending on the asset pair.

  • Max trade size:

In a single trade, a user can trade up to 0.25% of the pool's available liquidity. If a user tries to trade for a greater amount, their trade will be partially filled with the maximum possible amount and the rest will be refunded.

Advanced Settings:

  • Slippage:

At FireUp, slippage is the difference between the price at which a user initiates a trade and the price at which the trade is actually opened.

FLP Parameters:

FireUp has implemented several mitigation measures to reduce the risk of liquidity providers (LPs) taking on too much exposure to one side of the market.

Trade Limits
Advanced Settings
FLP Parameters