The BTC-USDC perpetual on SilkDEX tracks Bitcoin (BTC) and is margined and settled in USDC on Orderly Network's omnichain order book. Up to 100x leverage, funding every 8 hours, $10 minimum order. Connect a wallet on any of 12 chains and trade.
| Underlying | Bitcoin (BTC) |
|---|---|
| Max leverage | 100x |
| Margin & settlement | USDC |
| Funding interval | every 8 hours |
| Funding cap | ±0.3% per interval |
| Initial / maintenance margin | 1% / 0.6% |
| Minimum order | $10 notional |
| Trading fee | 0.1% maker / 0.1% taker |
| Listed by | Orderly Network |
| Liquidation fee | 0.6% of the liquidated notional (up to 0.3% to the liquidator, the rest to the insurance fund) |
| Listed on Orderly | 2023-10-26 |
ETH-USDC · SOL-USDC · Browse all markets · How funding works · FAQ
100x. The BTC-USDC perpetual has a 1% initial margin requirement and a 0.6% maintenance margin; larger positions need more margin, so the usable leverage drops as size grows.
Every 8 hours. Longs pay shorts when the rate is positive and shorts pay longs when it is negative; the rate is capped at ±0.3% per interval. The live rate and countdown are shown in the trading terminal.
The standard fee is 0.1% maker / 0.1% taker on the notional value of each fill — 1 USDC on a 1,000 USDC taker fill — shown in the order panel before you confirm. Open positions also pay or receive funding every 8 hours.
$10 of notional. Orders are margined and settled in USDC.
Connect an EVM or Solana wallet on any of 12 supported chains, deposit USDC, open the BTC-USDC market and place a market, limit or stop order, long or short. The contract tracks Bitcoin (BTC).