FAQ: Trading

How do I get exposure without minting?

Buy the synthetic on the market through an AMM pool. Minting is only needed if you want to create new supply against your own collateral.

How do I exit a position?

Sell the synthetic on the market, or, if you minted it, burn it to release your collateral once the debt is repaid. See Positions dashboard.

Why did my swap move the price?

An AMM prices each trade against the pool's reserves, so a large swap relative to the pool's depth shifts the price, that is slippage. Deeper pools slip less; see Liquidity provision.

Can I trade a synthetic after its reference expires?

At expiry a synth settles against the oracle's final value and positions are redeemed at that value. Secondary trading of the token stops making sense once it can be redeemed 1:1.