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

# Futures Trading

Futures trading is a financial practice where parties enter standardized contracts to buy or sell assets (like commodities, currencies, or indices) at a predetermined price and future date, enabling risk hedging or speculative profits.\
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In SoDEX, we are now offering perpetual futures, which are cryptocurrency derivatives without expiry dates that use a periodic funding rate mechanism to anchor their prices to the underlying spot market, enabling leveraged long/short positions with crypto-native settlement.

## How to Futures Trading on SoDEX

1. For example, we are trading BTC perpetual contracts. Start by selecting the **\[Futures]** category in the menu, then choose **\[BTC/USDC]**.

<figure><img src="https://1007272333-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FMvoaIXBZgH49uWtJ0AQG%2Fuploads%2F1KNegHGPefY9AEkGWUFn%2Fimage.png?alt=media&amp;token=fc41882c-644b-4d7a-af79-95c8f7163a04" alt=""><figcaption></figcaption></figure>

2. Click **\[Futures]** on the top right and select **\[Buy/Long]**. Then, choose between \[Limit] and \[Market], and enter the price and amount you wish to purchase. You may also drag the bar below the \[Amount] field to customize the percentage of the Futures Account balance to use for the order.
3. Click **\[Buy]** to place the order.