> For the complete documentation index, see [llms.txt](https://elvo-exchange.gitbook.io/elvo-exchange-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elvo-exchange.gitbook.io/elvo-exchange-docs/perpetual.md). # Perpetual Explore live Stock and Crypto perpetual market data on Elvo Exchange while perpetual order execution remains in preview mode. ## Perpetual Explore live Stock and Crypto perpetual market data on Elvo Exchange while perpetual order execution remains in preview mode. ### What Is Elvo Perpetual? Elvo Perpetual is the market interface for planned perpetual trading products on Elvo Exchange. You can explore Perpetual markets from: [**Markets →**](https://elvo.exchange/markets) The interface currently provides **live market data and a full trading-terminal preview**, while real Perpetual order execution remains **Coming Soon**. > Perpetual is currently a preview product. Using the order panel does not create a live position or move account funds. *** ### Current Product Status The current Perpetual experience provides live market information while financial execution remains disabled. | Feature | Status | | ---------------------- | --------------- | | Live market data | **Available** | | Price chart | **Available** | | Mark price | **Available** | | Index price | **Available** | | Funding reference | **Available** | | Open interest | **Available** | | Market depth | **Available** | | Recent trades | **Available** | | Leverage preview | **Available** | | Long / Short execution | **Coming Soon** | | Perpetual positions | **Coming Soon** | | Margin trading | **Coming Soon** | | Liquidation | **Coming Soon** | | Funding settlement | **Coming Soon** | *** ### Stock Perpetual Markets Elvo currently provides Perpetual market previews for: * NVDA * TSLA * AAPL * MSFT * META * GOOGL * AMZN * COIN * SPY * QQQ Current Stock Perpetual markets display maximum leverage preview values of: **Up to 5x** These values represent the planned Elvo product configuration. Leverage is not currently active for real positions. *** ### Crypto Perpetual Markets Elvo also provides selected Crypto Perpetual markets. Current markets include: | Market | Maximum Leverage Preview | | -------- | ------------------------ | | **BTC** | 20x | | **ETH** | 20x | | **BNB** | 15x | | **SOL** | 20x | | **XRP** | 15x | | **DOGE** | 15x | | **HYPE** | 10x | | **PONS** | 10x | | **XAUT** | 10x | | **ZEC** | 10x | These are currently **platform leverage previews** and do not create leveraged exposure. *** ### Perpetual Trading Terminal The Perpetual terminal is designed to provide the core information expected from a derivatives trading interface. Depending on the selected market, you may see: * Mark Price * Index Price * 24H Change * 24H High * 24H Low * Funding * Next funding countdown * Open Interest * Price chart * Market depth * Recent trades * Long / Short controls * Market / Limit selection * Leverage selector * Take Profit * Stop Loss Trading controls are currently available for product preview only. *** ### Mark Price **Mark Price** provides a market-reference price for the selected Perpetual product. It is displayed prominently within the terminal and may differ from the most recent trade price. When Perpetual trading becomes active, Elvo will publish the final rules governing how Mark Price is used within its risk system. *** ### Index Price **Index Price** provides additional reference pricing for the selected market. It gives users another point of comparison when reviewing Perpetual market conditions. *** ### Funding The Perpetual interface can display: * Current funding-rate reference * Time remaining until the next funding interval Funding information is currently provided for market visibility. **Funding settlement between Elvo positions is not active yet.** *** ### Open Interest **Open Interest** provides market information about outstanding perpetual exposure represented by the reference market data. It can help users understand broader activity in the selected market. Open Interest displayed during the current preview should not be interpreted as open positions held by Elvo users. *** ### Price Chart Each supported Perpetual market includes a live chart for market analysis. Users can use the chart to review price movement and market conditions before the full trading product launches. Chart activity does not create an Elvo position or order. *** ### Market Depth The Perpetual terminal includes a live market-depth view. It may display: * Bid prices * Ask prices * Quantity * Aggregated depth * Adjustable price grouping This depth is provided for **market reference purposes**. It is not currently an executable Elvo Perpetual order book. *** ### Recent Trades The terminal can display recent market activity including: * Price * Quantity * Buy or Sell direction * Timestamp This information provides additional context about current market conditions. It does not represent completed Elvo Perpetual trades. *** ### Long and Short The Perpetual order panel includes: #### Long Represents the planned workflow for opening exposure that benefits when the market price increases. #### Short Represents the planned workflow for opening exposure that benefits when the market price decreases. At this time, selecting Long or Short does not create a real position. *** ### Market Orders The **Market** option demonstrates the planned workflow for entering a Perpetual position using current market conditions. Execution is currently disabled. Submitting values in the preview does not create an order or reserve account funds. *** ### Limit Orders The **Limit** option allows users to preview entering a specific desired price. The interface may allow you to configure: * Margin * Limit Price * Leverage * Take Profit * Stop Loss These settings currently remain part of the product preview. *** ### Margin The order panel includes a Margin field representing the amount intended to support a future Perpetual position. During preview mode, entering a margin amount does **not**: * Deduct account funds * Reserve your balance * Create trading exposure * Open a position Margin trading will become functional only when Elvo officially activates Perpetual execution. *** ### Leverage Each Perpetual market has a maximum leverage preview configured by Elvo. The terminal allows users to explore leverage settings from **1x** up to the maximum supported by the selected market. For example: **NVDA → up to 5x** **BTC → up to 20x** Changing leverage during preview mode does not affect your account balance or create financial exposure. *** ### Take Profit and Stop Loss The Perpetual ticket includes optional: #### Take Profit A planned position-management feature for defining a target level. #### Stop Loss A planned risk-management feature for defining a stop level. These controls are currently part of the interface preview. They do not create active conditional orders while Perpetual execution remains disabled. *** ### Positions The terminal includes a **Positions** section for the future Perpetual product. When execution becomes available, this area is intended to provide visibility into active positions. Currently: **No live Elvo Perpetual positions can be created.** *** ### Open Orders The Perpetual terminal also includes an **Open Orders** section. This area is reserved for future Perpetual order activity. Because execution is not yet enabled, preview interactions do not create live Open Orders. *** ### History The planned Perpetual trading interface includes a History section for future position and order activity. Preview interactions are not recorded as completed Perpetual trades. *** ### No Funds Are Reserved During Preview The current Perpetual interface does not reserve, deduct, or settle your Elvo account balance. Using the preview does not perform: **Margin Reservation → Order Execution → Position Creation → Funding Settlement** These functions will only become active after the Perpetual product officially launches. *** ### Spot vs. Perpetual Elvo Spot and Perpetual currently have different product states. | Feature | Spot | Perpetual | | -------------------- | ------------------------- | -------------------- | | Live market data | **Available** | **Available** | | Real order execution | **Enabled** | **Coming Soon** | | Order book | Executable Elvo liquidity | Market reference | | Buy / Sell | **Enabled** | Long / Short preview | | Positions | Spot asset balances | Coming Soon | | Leverage | Not applicable | Preview | | Margin | Not applicable | Coming Soon | | Liquidation | Not applicable | Coming Soon | | Funding settlement | Not applicable | Coming Soon | For currently executable trading, use: [**Elvo Spot Markets →**](https://elvo.exchange/markets) *** ### Before Perpetual Launch Elvo will publish the final product rules before real Perpetual trading becomes available. These will include applicable details for: * Margin requirements * Leverage * Position limits * Trading fees * Funding * Liquidation * Risk controls * Supported markets Until the product is officially activated, all Perpetual order-entry controls should be treated as **preview only**. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. 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