How Trading Works

C4T is a perpetual trading platform. Users open leveraged long or short positions using collateral.

Long positions

A long position gains value if the market price rises.

Short positions

A short position gains value if the market price falls.

Position size and collateral

Each position is based on:

  • Collateral posted by the trader
  • Selected leverage
  • Effective notional size

PnL

PnL depends on:

  • Entry price
  • Current or close price
  • Position direction
  • Fees and rollover adjustments where applicable

Position lifecycle

A typical trade moves through these stages:

  1. Position opened
  2. Position remains active
  3. Position is closed manually, reaches another close condition, or is liquidated

Trading model

C4T is designed as a decentralized derivatives platform with production infrastructure supporting pricing, position tracking, and trading operations.