GENOSYS Perps: Documentation Overview

GENOSYS Perps is a decentralized perpetuals trading platform designed for the next generation of global traders. Users can trade popular digital assets with up to 100x leverage, and specialized Real World Assets (RWA) with up to 20x leverage.

Infrastructure & Liquidity

GENOSYS Perps is powered by Orderly Network, a decentralized, permissionless liquidity layer featuring a unified orderbook and institutional-grade market makers. By leveraging this infrastructure, GENOSYS currently taps into:

• $250M+ in Open Interest.
• $30B+ in cumulative trading volume.
• Unified Liquidity: GENOSYS serves as a "Broker," allowing users to trade against a global pool of liquidity. Users immediately trade against participants from all other integrated chains and platforms, including Raydium, Quickswap, WooFi, and Aden.

Onboarding & Deposits

• Wallet Integration: Sign up instantly using any standard Web3 wallet.
• Cross-Chain Deposits: We accept USDC from multiple ecosystems, including Ethereum, Ethereum L2s, and Solana.
• Margin Reflection: While your assets typically remain on the chain of deposit, they are reflected as margin within the GENOSYS DEX for seamless trading.
• Acquiring USDC: If you do not hold USDC, use the "SWAP" feature in the Trading App perps.genosys.exchange to access bridges and aggregators to obtain USDC.

Trading Experience

• One-Click Trading: After the initial wallet authentication, GENOSYS offers a "one-click" trading session. You will not need to sign every individual transaction, providing a high-performance experience similar to leading decentralized or centralized exchanges.
• Accounts: Every user is assigned a primary account tied to their Web3 wallet. Sub-accounts are also supported for strategy isolation.
• Withdrawals: Withdraw USDC to any supported chain, usually within 1–2 minutes. If a specific chain experiences a liquidity delay, you have the flexibility to withdraw instantly to a different supported chain.
  Note: A flat fee of 1 USDC applies to cover bridging and gas costs.

Fees & Mechanics

GENOSYS follows industry-standard perpetual mechanics (funding, liquidations, and margin).

• Funding Rates: Generally exchanged every 8 hours, with specific high-volatility markets adjusting every 1 or 4 hours.
• Detailed Specs: For an in-depth look at margin and PnL calculations, refer to the Orderly Documentation.

Fee Structure

Referral and volume-based discounts are available for active traders.

Referrals & Support

• Referrals: Users can generate unique referral codes after reaching a lifetime trading volume of $100.
• API Trading: For programmatic traders, API keys can be generated via Portfolio -> API Keys. High-volume algorithmic traders should contact us via Discord to ensure they are placed on the optimal fee tier.
• Support: Need help? Open a ticket in the [GENOSYS Discord] or use the Feedback form at the top of the trading interface.

Note: Abusive activity or "wash trading" inconsistent with fair competition will result in disqualification from rewards and programs.