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Everything you need to know to trade on Lavarage — no code required.

New here? Start with the basics, then jump into the per-action how-to guides:

What is Leveraged Trading?

Leveraged trading lets you amplify your market exposure beyond your initial deposit. If you post 1 SOL of margin 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

Lavarage uses an embedded Privy wallet — sign in with email or social and a self-custodial Solana wallet is created for you. No browser extension needed. You'll need SOL for transaction fees plus your desired margin. See the Connect & fund your wallet guide for the full walkthrough.

2. Choose a Market

Browse the available markets on the trading page. Each market shows:

FieldWhat It Means
Token PairThe assets you're trading (e.g. SOL/USDC)
SideLONG (bet price goes up) or SHORT (bet price goes down)
Max LeverageMaximum multiplier allowed for this market
Available LiquidityHow much you can borrow — larger positions need more
UtilizationHow much of the available liquidity is already in use

3. Set Your Parameters

  • Margin — 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 margin
  • Leverage — Your current multiplier
  • Position Size — Total value of your position

How PnL Works

Long 3x with 1 SOL margin:

  • 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 margin:

  • 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 margin. Positions are liquidated before losses exceed your deposit.

Managing Risk

  • Take Profit / Stop Loss — set a price target to auto-close in profit, or a downside trigger to cap losses.
  • Partial Sell — take some profit while keeping the rest of the position open.
  • Add Collateral / Partial Repay — lower your LTV and push liquidation away when a position drifts toward the line. See Risk & Liquidation, or the Add Collateral and Partial Repay how-to guides.

Fees & Interest

Fees & Interest — coming soon. A dedicated Fees & Interest page is in the works. Until then, review the exact open fee, close fee, and interest in the trade preview before confirming.

Position Lifecycle

Open → Active → Close / Split / Merge / Liquidated
StatusMeaning
ONCHAINTransaction confirmed, position detected
EXECUTEDFully synced with on-chain state
CLOSEDYou closed the position
LIQUIDATEDPosition was liquidated (margin insufficient)

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 markets may have less reliable fills
  4. Mind the leverage — Higher leverage means liquidation is closer to your entry
  5. Check liquidity — Ensure the market 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:

KeyAction
TFocus trade panel
PGo to positions page
/Open token search
EscClose modals
?Show all shortcuts

Export & Tax Reporting

Download your complete trade history as CSV:

  1. Go to PositionsClosed 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.

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