Perpetual Trading is arriving on the LN Exchange

Lnfi Network
3 min readOct 13, 2024

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LN Exchange represents a major breakthrough for the entire Bitcoin ecosystem and Lightning Network. It’s the FIRST Spot and Perpetual Orderbook exchange, and a highly performant trading powerhouse — powered by the Lightning Network and Nostr — designed for trading Bitcoin and Taproot Assets.

Our Achievement for Spot Trading Closed Access Test

On September 2, we began our closed-access test for the community, achieving nearly US$15M in trading volume for our BTCUSDT spot trading pair.

Upcoming Release: LN Exchange Perpetual Trading

We are now in the final stage of preparing to launch Phase 2 Early Access for LN Exchange Perpetual Trading. For the first time in the Bitcoin ecosystem, we will introduce USDT-margined and ALTCOIN-margined perpetual contracts. ALTCOIN-margined perpetual contracts allow users to use ALTCOIN as collateral for trading perpetual contracts based on pairs like BTCUSD. The unique aspect of this feature is that your profits and losses will be settled in the ALTCOIN pledged as margin, enabling you to leverage your ALTCOIN holdings while navigating market fluctuations.

Expanded Access

To facilitate wider participation, we are looking to relax the eligibility criteria, allowing more users to join the early access test and experience these groundbreaking features firsthand.

What’s Next?

More details will be shared in an upcoming announcement regarding eligibility, trading fees, LN Points, contract specifications, and other essential information.

We have updated our Gitbook on all information related to perpetual contracts trading.

About Perpetual Trading [Link]
How to Trade Perpetual on LN Exchange [Link]

Get ready to enter a new era of perpetual trading — expect faster execution, increased flexibility, and greater opportunities! Early access to perpetual trading on LN Exchange is set to begin next week, with the exact date to be confirmed soon.

FAQ

What is Perpetual Trading?

Perpetual trading involves trading contracts similar to futures but without an expiration date, allowing traders to hold positions indefinitely with the required margin.

These contracts let traders capitalize on price movements in assets like cryptocurrencies without owning them directly, using a funding mechanism to align prices with the asset’s spot value.

While offering flexibility and high leverage, perpetual trading carries significant risk, with the potential for both high profits and steep losses due to market volatility.

Why join LN Exchange Phase 2 Early Access for trading now?

Trade now to own a share of the protocol’s revenue! By trading Spots or Perpetuals, you can earn DOUBLE LN Points, which entitle you to platform token airdrops. The platform token, when staked, will grant rights to a major share of the protocol’s revenue.

Don’t miss this early access opportunity — enjoy zero gas fees, low competitive trading fees, and extra rewards. Be part of the platform’s growth before the official launch!

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Lnfi Network
Lnfi Network

Written by Lnfi Network

Lnfi is a financialization layer that brings Web3 and tokenization to the Lightning Network through LightningFi.

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