Hatch a Rex (Open Position)
How to hatch a REX (open a new position)
Welcome Rex Wrangler! Here's how to hatch your Rex (open a position):
Connect your wallet
Go to "Trade"
Choose a pool and position type: ā¢ Long: When you expect the asset price to increase ā¢ Short: When you expect the asset price to decrease
Enter your starting amount (collateral)
Choose your leverage level
Review position details
Click Buy/Sell
Congratulations! You've hatched your Rex! š¦
Quick Example
Let's say you put in $500 (as collateral) and crank up the leverage to 5x - boom! You're now playing with $2,500 (minus a small bite for position costs).
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