Long Side
Last updated
Last updated
The Long Side of the USDN Protocol is designed for users looking to benefit from the potential growth of the underlying asset while leveraging the power of margin trading. It offers a unique trading platform that allows users to open long positions on the underlying asset with leverage of up to 10x. Unlike centralized platforms or some decentralized protocols, the Long Side of USDN is built to be transparent, secure, and optimized to maximize traders’ benefits.
In case the underlying asset itself generates yield, like with wstETH, users can go long on the underlying asset (ETH) while also capturing staking yield. This allows traders to benefit from both the underlying asset's price increases and the yield generated by staking ETH with Lido—a dual advantage not available on other trading platforms.
The USDN Protocol also offers innovative tools such as the Dip Accumulator and Guaranteed Stop-Loss, enabling users to maximize gains while providing protection against market risks. This revolutionary approach to perpetual trading ensures a seamless and fair experience for users while leveraging the benefits of decentralized finance.