> For the complete documentation index, see [llms.txt](https://docs.canborsa.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.canborsa.com/getting-started/perpetuals.md).

# Perpetuals

Perpetuals are one of the defining products of Canborsa. The platform is building the first Perpetuals DEX on Canton Network, enabling users to trade perpetual contracts on both crypto and tokenized real-world assets.

### **What are perpetual contracts?** 

Perpetual contracts are derivative instruments that allow traders to gain leveraged exposure to an asset without owning it directly and without an expiration date. Traders can go long (betting the price goes up) or short (betting it goes down), with leverage amplifying both potential gains and potential losses.

**How to open a position**

1. Navigate to **Perpetual** in the platform interface
2. Choose an asset: NVDAX, TSLAX, AAPLX, CBG, BTCx, ETHx, and more
3. Select direction: **Long** or **Short**
4. Set your leverage: up to **20x**
5. Enter your margin amount
6. Set Take Profit and Stop Loss levels (optional but recommended)
7. Confirm the position

**Available markets at launch:** SpaceX, Nvidia, Tesla, Apple, Gold, Bitcoin, Ether, BRENT, S\&P500, CC, GOOGL, META, AMZN, CRCL, MSFT, AMD, ZEC and more.

**Key features**

* Up to 30x leverage
* Long and short positions
* Non-custodial execution
* Transparent on-chain settlement
* RWA markets available 24/7