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Perpetuals on BNB Smart Chain

Perpetuals without fees, funding or gas

TradeNox settles every trade against one onchain USDT pool. Sign once, then go long or short on BTC, ETH, BNB and ASTER with up to 100x leverage, in a single click.

Open your first trade
  • No trading fee
  • No funding
  • The relayer pays your gas

You pay nothing until you win. Your loss never goes past your margin.

Why TradeNox

Trading that feels like one tap, settled onchain

Everything that usually costs you on a perpetuals exchange is either gone or charged only to winners.

  • One click, no wallet popups

    A trading key in your browser signs each order, so opening or closing a position is one click instead of a wallet prompt.

  • You pay only when you win

    No fee on notional, no spread and no funding. A winning close pays a 2% fee on its scaled gain, and a loss pays nothing extra.

  • Filled at the next price

    Every order fills at the first Pyth price published after your click, checked against a second feed, so nobody trades on a stale quote.

  • The trading key cannot move your money

    It opens and closes trades for up to 30 days and can be revoked at any time. Withdrawals always need your own wallet.

How it works

From deposit to first trade in three steps

  1. 1

    Deposit USDT

    Approve and deposit in one dialog, or send USDT from an exchange to your personal deposit address. It is credited for you.

  2. 2

    Approve a trading key

    One wallet signature registers a key in this browser. It can open and close trades, never withdraw.

  3. 3

    Click long or short

    Pick BTC, ETH or BNB, your margin and leverage. The liquidation price and your real payout show before you click.

BTC/USDExample
Margin
250.00 USDT
Leverage
20x long
Entry
97,412.30
Liquidation price
93,028.75
Close at +1.2%
98,581.25
Raw PnL
+60.00
Impact haircut
−9.09
Win fee, 2%
−1.02
Staker share, 1%
−0.60
You receive
+49.29 USDT

The app shows this breakdown before you click, so the payout is never a surprise.

The pool

One pool on the other side of every trade

There is no order book and no market maker. Every position settles against a single onchain USDT pool, and you can see its balance and its queue at any time.

  1. 01

    Losses fill the pool

    A losing close or a liquidation pays the pool, and the trader is minted protocol tokens in return.

  2. 02

    Wins are paid from it

    The pool pays a win at once. If it is short, the rest waits in a first in, first out queue that later losses repay.

  3. 03

    Stakers share the upside

    Stake protocol tokens to earn USDT from a 1% share of trader PnL and any pool overflow.

Checked, not promised

The rules live in the contracts

Prices come from Pyth Network, settlement happens on BNB Smart Chain, and every limit below is enforced onchain.

271
contract tests, with fuzzing and invariant suites that check the pool balances every run
48 h
timelock on every contract upgrade and parameter change
2 s
oldest oracle price a trade can execute at on BNB Smart Chain
30 days
longest a trading key can live before you sign a new one

Fees

Seven charges, four of them zero

A 0.1% move keeps about 74% of its gain after the haircut, and a 1% move about 88%. Losses pay no fee at all.

ChargeAmount
Trading fee on notionalFree
SpreadFree
FundingFree
Gas for tradesFree
Impact haircutShrinks as the move grows
Win fee2% of the scaled gain
Staker share1% of absolute PnL

FAQ

Questions traders ask before their first deposit

  • The TradeNox pool. There is no order book and no market maker: every position settles against one onchain USDT pool that receives losses and pays wins.

  • Wins pass through a market impact haircut based on the size of the price move. A 0.1% move keeps about 74% of the gain, a 1% move about 88%. The app always shows what you would actually receive.

  • The rest becomes an IOU in a first in, first out queue. New losses repay the queue in order, and paid IOUs land in your balance automatically.

  • Pyth oracle updates, checked against a second onchain feed. Your trade fills at the first price published after you click.

  • No. It can open and close trades for up to 30 days, but it can never withdraw, stake or claim. You can revoke it at any time from Settings.

  • A position is liquidated when its equity falls to 10% of its margin. You never lose more than that margin, and your other positions are untouched.

  • Yes. Available USDT can be withdrawn with a wallet signature, even while new trades are paused. Queued IOUs become withdrawable once they are paid.

  • BTC, ETH and BNB against the dollar with up to 100x leverage, and ASTER with up to 20x. More markets are added over time.

Your first trade is one signature away

No account to open and no lockup. Withdraw your available USDT whenever you like with a wallet signature, even while new trades are paused.

Open your first trade

Perpetual futures are high risk. You can lose your whole margin. Nothing here is financial advice.