Trading
Toro DEX offers perpetual futures trading with up to 100x leverage on major crypto assets.
Market Overview
Supported Markets
Toro supports perpetual contracts for major cryptocurrencies, each operating as an isolated market with independent risk parameters.
Order Types
| Order Type | Description |
|---|---|
| Market | Execute immediately at best available price |
| Limit | Execute at specified price or better |
| Stop-Loss | Close position when price reaches trigger |
| Take-Profit | Close position at target profit level |
Opening a Position
Long Position
Open a long when you expect the price to increase:
- Select the trading pair
- Click Long
- Enter position size
- Set leverage (1x - 100x)
- Confirm the trade
Short Position
Open a short when you expect the price to decrease:
- Select the trading pair
- Click Short
- Enter position size
- Set leverage (1x - 100x)
- Confirm the trade
Leverage
Toro offers up to 100x leverage, allowing you to control larger positions with less collateral.
Higher leverage increases both potential profits and losses. Use appropriate risk management.
Leverage Calculation
Position Size = Collateral × LeverageExample: $100 collateral at 10x leverage = $1,000 position
Fees
| Fee Type | Rate |
|---|---|
| Trading Fee | 0.05% - 0.1% |
| Funding Rate | Variable (based on skew) |
Funding Rates
Funding rates are dynamic payments between long and short traders that help keep the perpetual price aligned with the spot price.
- Positive funding: Longs pay shorts
- Negative funding: Shorts pay longs
Funding is calculated based on:
- Market skew (imbalance between longs and shorts)
- Utilization rate
Price Mechanism
Toro uses a hybrid AMM model with oracle-anchored price bands:
- Oracle Price — External price feeds provide reference pricing
- Price Bands — Prevent extreme deviations from fair value
- Dynamic Spread — Adjusts based on market conditions
This ensures fair pricing while maintaining liquidity.