AVAX/USDC Leverage Trading Live Now on Futureswap

As the latest exchange pair supported as part of our v4.1 update, AVAX/USDC is available to trade now with up to 10x leverage on Futureswap. Like our JOE-USDC exchange, this pair is atop Avalanche’s premier AMM — Trader Joe.

Why AVAX

As our community’s most requested pair after JOE, we’re enabling AVAX trading to support the Avalanche blockchain’s native token as we continue to onboard exchanges from this ecosystem. While we continue to chip away at this year’s roadmap, stay tuned for further possibilities including limit orders, stop-loss orders, delta-neutral hedging strategies, and more. Right now, go long or short with up to 10x leverage on AVAX.

Don’t feel comfortable with leverage trading? Deposit to the AVAX-USDC pool on Futureswap and earn fees for being a liquidity provider. Because of our protocol’s model, trading fees are generated for our pool and Trader Joe’s, generating an even higher APY for AVAX holders. As always, it’s worth mentioning how Futureswap LP positions are at an incredibly low risk of impermanent loss; learn more here.

Like with trading JOE, traders on Futureswap generate trade fee and open interest rewards. Trade fee rewards are distributed every 24 hours, and open interest rewards immediately. Unlike our previous exchange version, rewards are also available instantly — without a lockup period.

While Futureswap continually upgrades to be significantly more composable, and while we work towards launching truly permissionless leverage with any token exchange on any AMM, the protocol is still currently permissioned via token governance. However, FST can now be bridged between Arbitrum and Avalanche, with gas paid through the native chain’s token, deeply expanding flexibility on the platform and building a multi-chain ecosystem.

Best of luck trading, and shoutout to the LPs out there that make it all possible! Our end goal is still to enable leverage on any token on any AMM, and support the long-tail assets of the composable protocols and blockchains of DeFi. Join the community and let us know which pairs and AMMs you’d like to see next!

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