FAQ
Who provides liquidity for trades on Polynomial?
Polynomial Trade is built on top of the Polynomial Liquidity layer, and trades on the platform are executed with Liquidity layer acting as counterparties. Liquidity layer depositors receive 60% of the fees from the platform for providing liquidity.
Which chains can I deposit to Polynomial Trade?
Users can deposit 'USDC' from the Ethereum Mainnet, Arbitrum, Optimism and Base. the deposits might take to 5-10 mins depends on the network.
Can't I open a position?
In order to open a trade, the user must have a minimum of $100 in margin. If the required amount is not available, users will need to add more USDC to their margin to open a trade.
Why my position expired?
Standard Order: When the price of an asset is highly volatile, it can be difficult for a keeper to fill an order at the ideal market price. In such situations, rather than filling the order at an unfavourable price, the order may expire.
Limit Order: To be filled, it must remain within the range of the "Trigger Price" and "Limit Price" for a brief period of time. If this range is not reached before the "Limit Order Expiry" period, the order will expire.
Order expire, what should i do now?
after an order expires you can decide to:
Do nothing or cancel the order. Your order tab will be clean again.
Retry
the expired transaction, with a 1-click button to reproduce the transaction at market price.Create a new order, so the expired order gets cancelled in the same transaction.
Read more here
I had accumulated funding, but now it shows $0
Whenever you carry out a transaction (such as depositing, withdrawing or making a new trade), the funding amount is added to your margin. If the accumulated funding rate is positive, your margin will increase, and if it is negative, your margin will decrease. After any of these operations, your funding will be reset to $0.
How can i get Trading Points?
The Polynomial Trade platform features a unique points system designed to reward users based on their trading activity. Each day, a total of 1,000,000 points are distributed among all users, with the allocation being directly proportional to the trading volume each user generates.
What happens if i fail to claim the Points?
If you don't claim your trading points within 7 days of receiving them, you'll lose them.
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