Start with a funded wallet. Connect to Mog, choose a market, and open your first trade.
- ConnectUse your funded wallet.
- TradeChoose a market and direction.
- ManageClose or add margin.
1. Connect
Section titled “1. Connect”Open Mog and connect your funded wallet.
Enable a session key for fewer wallet prompts.
2. Choose your position
Section titled “2. Choose your position”Select a market. Go long for a rising price or short for a falling price. Set your margin and leverage, and a take-profit or stop-loss if you want one. Review the position size and liquidation price shown in the app. The app also estimates the MOG multiplier for each side.
Positions and leverage explains these choices.
3. Submit your order
Section titled “3. Submit your order”Placing the order charges the open fee from your balance. Your order fills using a later oracle price update. Once filled, check your actual entry price, the position’s liquidation price, and any take-profit or stop-loss it carries.
4. Manage the position
Section titled “4. Manage the position”Close all or part of the position, or add margin to move liquidation farther away. Reaching either price level closes the position automatically.
5. Use your balance
Section titled “5. Use your balance”When the treasury covers your payout, profit after fees is available as cash at settlement. Your remaining cash margin returns to your balance. Withdraw available funds with your main wallet.
Only an unfunded payout enters the queue.
Each settled position earns MOG on its fees and on the part of a profit the close curve keeps back.