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Platform Overview

This page orients you to the core trading workflow on gryps.trade.

Connect and fund​

  • Connect any EVM wallet (e.g., MetaMask).
  • Select network: Arbitrum
  • Deposit USDC to your cross‑margin account.
  • Withdrawals finalize after a 12‑hour fraud‑proof window.

Quote and trade​

  • Choose a market (see in‑app for the up‑to‑date list; initial focus on Binance‑listed perpetuals).
  • Submit a trading intent; solvers return quotes competitively.
  • Review leverage, margin impact, and funding context, then accept a quote to execute.

See Markets (Snapshot) for a comprehensive table of pairs and parameters.

Monitor and manage​

  • Track PnL, equity, maintenance margin, and account health.
  • Adjust or close positions as needed.

Charts​

  • Use the embedded TradingView charts to analyze price action, change time frames, and apply indicators as needed.

UI Walkthrough​

1. Unrealized Profit and Loss (UPNL)​

Potential gain/loss if you close now: difference between average entry and current index price.

Example: Long 1 BTC at $50,000; index = $49,700 → UPNL = −$300. If index = $50,500 → UPNL = +$500.

2. Open Interest (OI)​

Total value of open perpetual contracts; a proxy for market activity.

3. Account Health​

Percentage indicating liquidation proximity. When Equity Balance approaches Maintenance Margin, health deteriorates.

AccountHealth = (EquityBalance − MaintenanceMargin) / EquityBalance

4. Maintenance Margin (CVA)​

Your “security deposit.” If equity falls to this level, liquidation can occur. Locked, non‑transferable while positions are open.

5. Equity Balance​

AllocatedBalance + UPNL (unrealized PnL). Your potential future balance after settlement and fees.

6. Allocated Balance​

Funds designated to your cross‑margin account. Can be unallocated and withdrawn after the fraud‑proof window.

7. Initial & Locked Margin​

Initial Margin contributes to Locked Margin (sum across active positions). Guards against excessive concurrent positions.

8. Available for Orders​

What’s left to trade after safety buffers:

AvailableForOrders = EquityBalance − LockedMargin − MaintenanceMargin

Example: EquityBalance $1,850, LockedMargin $400, MM $300 → AvailableForOrders = $1,150.

9. Withdrawal & Proof of Time​

Withdrawals finalize after a 12‑hour fraud‑proof period to mitigate manipulation risk.