Cat Mode (High-Leverage)
Trade With up to 500x Leverage
Last updated
Trade With up to 500x Leverage
Last updated
Cat Mode on Lynx offers traders the ability to supercharge their positions with high-leverage while benefiting from a minimal fee structure designed to favor successful trades.
Initially, Cat Mode will be available for BTC/USD and ETH/USD trading pairs, with more pairs added over time.
High Leverage: Trade with 250x - 500x leverage.
No Open/Close Fees: Enter and exit positions without incurring standard open or close fees.
Lynx applies a Min. Cost to ensure that the platform’s services are sustainable and align with responsible trading practices:
Minimum Cost Mechanism:
Winning Trades: If the performance fee on a winning trade is less than the minimum cost, Lynx will collect a small additional amount to meet the minimum cost threshold.
Losing Trades: If losses are less than the minimum cost, a small fee is also applied to meet this threshold.
For the current minimum cost on any given asset, check the app interface as shown here:
Access Cat Mode: Open the Lynx Finance trading interface and select a trading pair that supports Cat Mode (initially only BTC/USD and ETH/USD).
Set Leverage: Choose a leverage ratio between 250x and 500x.
Enter Trade: Place your trade with no open/close fees.
Monitor and Close Position: Track your position within the app, and close when ready. Any performance fee on profits will only be applied upon closing a successful trade.
High-Risk Mode: Due to the high leverage available in Cat Mode, traders should manage risks carefully.
Minimum Cost Per Position: Be mindful of the minimum cost, which will apply even if losses are minimal.
By enabling high-leverage trades with no upfront fees, Cat Mode is designed for traders who want maximum exposure with minimal entry costs, provided they understand the risks involved.
Performance Fee Only on Profits: A performance fee applies only to winning trades (ie. trades with ). For the current fee rate, see the app interface.
