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Leveraged Trading

Trade commodities, forex, and crypto with leverage via Avantis on Base.

Overview​

Avantis is a decentralized perpetuals protocol on Base. Through Bankr, you can:

  • Trade up to 150x leverage
  • Go long or short
  • Trade commodities (Gold, Silver, Oil)
  • Trade forex pairs
  • Trade crypto pairs

Supported Assets​

CategoryAssets
CommoditiesGOLD (XAU), SILVER (XAG), OIL
CryptoBTC/USD, ETH/USD, SOL/USD, and more
ForexEUR/USD, GBP/USD, and more

Opening Positions​

Long (Buy)​

Profit when price goes up:

"buy $10 of GOLD"
"long BTC/USD with 5x leverage"
"buy $50 of ETH/USD with 10x leverage"

Short (Sell)​

Profit when price goes down:

"short $25 of ETH/USD"
"sell $10 of GOLD with 5x leverage"
"short BTC/USD with 10x leverage"

Leverage​

Specify leverage (1x to 150x):

"buy $50 of BTC/USD with 10x leverage"
"long GOLD with 20x"
"short ETH at 50x leverage"

Higher leverage = higher risk. Use cautiously.

Risk Management​

Stop Loss​

Automatically close if price moves against you:

"buy $50 of BTC/USD with 5% stop loss"
"long ETH with 10x leverage and 5% stop loss"

Take Profit​

Automatically close when profit target is hit:

"buy $50 of BTC/USD with 200% take profit"
"long ETH with 100% TP"

Combined​

"buy $25 BTC/USD with 10x leverage, 5% stop loss, and 200% take profit"

Stop Loss / Take Profit Formats​

Percentage (ROE)​

Based on return on equity:

"5% stop loss"    # Close if -5% ROE
"200% take profit" # Close at +200% ROE

Absolute Price​

"stop loss at $2500"
"take profit at $100000"

Price Delta​

"stop loss if price drops by $5000"
"take profit if price increases by $2000"

Managing Positions​

View Positions​

"show my Avantis positions"
"what positions do I have?"

Close Positions​

"close my BTC position"
"close all my Avantis positions"

Examples​

Simple Commodity Trade​

"buy $10 of GOLD"

Leveraged Crypto Long​

"buy $100 of BTC/USD with 10x leverage, 5% stop loss, 200% take profit"

Short with Protection​

"short $50 of ETH/USD with 5x leverage and 10% stop loss"

Costs​

  • Spread: Small spread on entry
  • Funding: Periodic funding rate (long pays short or vice versa)
  • Gas: Transaction fees on Base

Risks​

  • Liquidation: Positions can be liquidated if margin is insufficient
  • High leverage = high risk: 50x leverage means 2% price move = 100% gain/loss
  • Funding rates: Can erode profits on long-held positions

Slippage​

Default slippage is 0.5%. To adjust:

"buy $50 of BTC/USD with 1% slippage"

Chain Support​

Avantis trading is only available on Base.