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This page describes how a typical first trade on Intention Exchange (app.intention.xyz) will work once the public app launches. The mechanics — order types, margin modes, leverage, mark pricing, funding, and liquidations — already exist in the Intention protocol design and are documented in the Trading section. Intention Exchange does not implement these itself; it inherits them from the L1 below it. The user-facing app is not yet available.
Intention Exchange has not shipped to mainnet yet. Do not use any third-party site that claims to offer Intention trading until the official URL is announced.

What you will be able to do

A first trade will follow roughly these steps:
  1. Connect a wallet — see Connect wallet.
  2. Deposit collateral via the bridge — see Deposit and bridge.
  3. Pick a market from the available perpetual futures. Each market has its own tick size, lot size, leverage tiers, and liquidity profile. See Markets.
  4. Choose a margin mode — isolated for risk per position, cross for shared margin across all positions in the same account. See Margin modes.
  5. Set leverage for the contract within the listed tier. See Leverage.
  6. Place an order — market, limit, or one of the advanced types in Order types.
  7. Manage the position — attach a TP/SL, add margin, or use Quick Reverse to flip direction.

Things to understand before you trade

  • Mark price drives P&L and liquidations, not the last trade price. See Mark price.
  • Funding is paid hourly between longs and shorts and is settled by the protocol. See Funding.
  • Liquidations happen when account equity falls below maintenance margin. See Liquidations and ADL.
  • Sequencing is deterministic: cancels are effectively preemptive against new placements within the same block. See Transaction sequencing.

Risk

Perpetual futures are leveraged products and can result in losses larger than the initial collateral on a position. Read Resources — Risks before trading any size that matters to you.
This page will be replaced with a real walkthrough — screenshots, a worked example, and a sample order — once the app is live.