👨🏫Zeepr V3 User Manual
Last updated
Last updated
In this tutorial, you’ll learn about the key features and functionalities of Zeepr V3. Whether you’re a novice trader or an experienced professional, this tutorial will equip you with the knowledge and skills needed to leverage Zeepr V3’s capabilities fully. Let’s get started on your journey to seamless and efficient trading with Zeepr V3!
Switch to V3.
Select BSC chain.
Click “Connect Wallet” and select a wallet to link.
Users need to purchase zToken first before trading.
Insert the amount of zToken you wish to purchase.
Click “Confirm Buy”
All profits and losses are reflected in zTokens. When you make a profit, zTokens are increased; when you lose money, ztokens are decreased. However, the number of tokens in the fund pool always remains the same. This means that the exchange rate between tokens and zTokens will change accordingly. The exchange process does not affect the exchange rate. The specific example is as follows:
Initial situation:
The initial exchange rate is 1:1 (USDC : zUSDC = 1:1)
Alice uses 1000 USDC to exchange for 1000 zUSDC
Bob uses 2000 USDC to exchange for 2000 zUSDC
At this time, there are 3000 USDC in the fund pool and 3000 zUSDC in the system
Scenario 1：
Alice opens a 10x leveraged long position on ETH, which is now worth 10,000 zUSDC
Bob opens a 10x leveraged short position on ETH, which is now worth 20,000 zUSDC
If ETH rises by 5%, both close their positions at the same time
The results are as follows:
Alice’s zUSDC is 1500 (1500 = 1000 zUSDC * (1+50%)), and the 500 zUSDC in profit is the contract’s additional issuance\
Bob’s zUSDC is 1000 (1000 = 2000 zUSDC * (1–50%)), and the 1000 zUSDC in loss is the contract’s destruction
At this point the exchange rate becomes 1.2:1 (zUSDT value increases):
There are still 3000 USDC in the pool and 2500 zUSDC in the system
Redemption Scenario:
Alice destroys 1500 zUSDC and redeems 1500 * 1.2 = 1800 USDC
Bob destroys 1000 zUSDC and redeems 1000 * 1.2 = 1200 USDC
Final result:
Alice gains 800 USDC
Bob loses 800 USDC
You can open positions using any asset of your choice on Zeepr, which supports not only cryptocurrency trading but also foreign exchange, stock indices, commodities, and more.
In the market, you can choose an asset to open a position. Currently, only isolated margin trading mode is supported, and you can adjust the leverage multiple. We offer two order types: market order and limit order.
Market Order: Place an order immediately at the current market price, suitable for situations where quick execution is needed.
Limit Order: Allows you to set a desired price. The order will only be executed when the market price reaches your set price, suitable for situations where you want to execute at a specific price.
Operational Process: 1. Select the target asset. 2. Enter the position quantity. 3. Choose the order type (market or limit). 4. Set relevant parameters (such as leverage multiple, limit price, etc.). 5. Submit the order.
At the bottom, you can view your current positions, open orders, order history, trade history, and cash flow.
Thank you for exploring Zeepr V3’s user manual. We hope this guide has provided you with a comprehensive understanding of our platform’s features and functionalities. Zeepr V3 is designed to enhance your trading experience with its innovative tools and user-friendly interface. Should you have any questions or need further assistance, our support team is always ready to help. Stay tuned for updates and new features as we continue to evolve and improve. Happy trading!
