Trader Guide

Everything you need to know to trade on Lavarage — whether you're using the app at app.lavarage.xyz or building your own trading interface.

What is Leveraged Trading?

Leveraged trading lets you amplify your market exposure beyond your initial deposit. If you deposit 1 SOL and use 3x leverage, you control a position worth 3 SOL. Your gains — and losses — are multiplied by that factor.

Getting Started

1. Connect Your Wallet

Open app.lavarage.xyz and connect a Solana wallet (Phantom, Solflare, or any Solana wallet adapter-compatible wallet). You'll need SOL for transaction fees plus your desired collateral.

2. Choose a Market

Browse the available pools on the trading page. Each pool shows:

3. Set Your Parameters

• Collateral — How much you're putting in (your risk)
• Leverage — The multiplier (higher = more risk & reward)
• Slippage — Maximum price movement you'll accept during the swap (default 0.5%)

4. Confirm & Sign

Review the preview showing your expected entry price, position size, and fees. Click Open Position, then approve the transaction in your wallet.

Understanding Your Position

Once open, your position shows:

• Entry Price — The price when you opened
• Current Price — Live market price
• PnL — Your unrealized profit or loss
• PnL % — Percentage return on your collateral
• Leverage — Your current multiplier
• Position Size — Total value of your position

How PnL Works

Long 3x with 1 SOL collateral:

• SOL goes up 10% → you make ~30% (0.3 SOL profit)
• SOL goes down 10% → you lose ~30% (0.3 SOL loss)

Short 3x with 100 USDC collateral:

• Token goes down 10% → you make ~30% ($30 profit)
• Token goes up 10% → you lose ~30% ($30 loss)

Your maximum loss is limited to your collateral. Positions are liquidated before losses exceed your deposit.

Managing Risk

Take-Profit Orders

Set a price target where your position automatically closes in profit:

1. Click the TP/SL button on your position
2. Set your take-profit price (e.g. $160 for a SOL long)
3. The system closes your position when the price is reached

Stop-Loss Orders

Limit your downside:

1. Set a stop-loss price (e.g. $130 for a SOL long entered at $148)
2. The system auto-closes if price drops to your stop

Partial Sells

Take some profits while keeping skin in the game:

1. Click Partial Sell on your position
2. Choose what percentage to close (e.g. 30%)
3. That portion closes, the rest stays open

This is executed as an atomic Jito bundle — both operations happen in the same block.

Fees

Some tokens have a fee discount (shown in basis points). A 5000 bps discount = 50% off the close fee.

Position Lifecycle

Open → Active → Close / Split / Merge / Liquidated

Tips for Traders

1. Start small — Test with small amounts until you're comfortable with the mechanics
2. Use stop-losses — Always set a stop-loss to limit downside
3. Watch utilization — High-utilization pools may have less reliable fills
4. Mind the leverage — Higher leverage means liquidation is closer to your entry
5. Check liquidity — Ensure the pool has enough liquidity for your position size
6. Account for fees — Factor in open fee, close fee, and interest when calculating target returns
7. Fresh quotes — Prices move fast; always check the quote before confirming

Keyboard Shortcuts

The trading app supports keyboard shortcuts for power users:

Export & Tax Reporting

Download your complete trade history as CSV:

1. Go to Positions → Closed tab
2. Click Export CSV
3. Filter by date range if needed

The CSV includes entry/exit prices, PnL, fees, and timestamps — ready for your tax software.

Need Help?

• Docs: lavarage-api.readme.io
• Website: lavarage.io