Glossary
In Hyperion Exchange (HyperionX), users can play various roles and perform diverse operations: Roles:
User: Everyone using the platform, including traders, liquidity providers (LPs), and token holders.
Trader: A user who trades on the exchange.
Liquidity Provider (LP): A user who provides liquidity to the exchange, obtaining HLP in return for depositing USDX and earning liquidity profits.
Holder: A user holding HPX tokens, who can either interact with the exchange or become LPs/Traders.
Staker: A user who stakes HLP to earn rewards.
VIP: Users who reach a specific trading volume or HLP staking amount.
Inviter: Users who send invitation codes and earn profits from invitees.
Invitee: Users who use invitation codes.
Operations:
Trade: Opening, closing, and swapping actions performed by users on HyperionX.
Perpetual: Buying long or selling short contracts on the Perp page, adjusting margin.
Options: Opening, closing, and settling operations on the Options page.
Buy HLP: Providing USDX to mint HLP, earning liquidity profits.
Sell HLP: Destroying HLP to retrieve USDX.
Stake SLP: Staking HLP tokens to earn rewards.
Unlock: Retrieving locked HLP tokens.
One-Click Trade (1CT): Allows users to trade without pop-up confirmations.
Trading Behaviors:
Users gain profits or incur losses from the liquidity pool through trading.
Perpetual contracts are settled in USDX, allowing users to profit from long or short positions.
Menu Bar:
Borrow Fee: Interest rate for borrowed funds.
Long Open Interest (OI L): Total amount of perpetual contracts held by long positions.
Short Open Interest (OI S): Total amount of perpetual contracts held by short positions.
Long/Short Ratio (L/S): Ratio of long to short position volumes.
Funding Rate: Funding fees paid between long and short positions.
Trading Window:
Long: Going long, profiting from price increases.
Short: Going short, profiting from price decreases.
Market Order: Executing trades at market prices.
Limit Order: Setting trades at specific prices.
Available Balance: Funds in the exchange wallet.
Available Liquidity: Remaining liquidity available for trading.
Total Position: Holding volume of perpetual futures contracts.
Stop Orders: Stop loss and take profit orders.
Collateral: Funds required to open a position.
Liquidation Price (Liq.Price): Price at which perpetual futures are forcibly settled.
Trading Fees: Fees paid for placing orders/closing positions.
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