> For the complete documentation index, see [llms.txt](https://docs.deri.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.deri.io/trading/deri-lite/power-perpetuals.md).

# Power Perpetuals

**Open a Position**

**Step 1:** Switch to Lite version, enter the Lite interface.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F0vsp80r7Kf3pRJpIqTMh%2F1.png?alt=media&amp;token=766d168a-655b-417f-9f04-4f790d984663" alt=""><figcaption></figcaption></figure>

**Step 2:** Click the downward arrow,on the popped-up "Select Market" panel, choose "Powers" Then, select a symbol you want to trade.  Here taking the mBTC^2 symbol as an example.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FKgVCGR23IIpMsdwlL63B%2F2.png?alt=media&amp;token=80e9b192-bfec-4fb6-9e55-cc9c15f7054c" alt=""><figcaption></figcaption></figure>

**Step 3:** Choose if you wish to long or short your position on the “Buy/Sell” section (Taking long as an example here).\
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Then, select a base token to buy assets: Click on the downward arrow,  choose a base token with a balance in your wallet (using USDC as an example in this case).&#x20;

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FAswaiCEeTrhFiSBZwNsZ%2F4.png?alt=media&amp;token=1c7300a4-062f-4227-a88a-659b40b3d150" alt=""><figcaption></figcaption></figure>

**Step 4:** Set the amount in mBTC^2 you’d like to buy (Or you can directly enter the notional amount in USDC, it will be converted to the symbol equivalent). Adjust the leverage through buttons/slider, the leverage can go up to 10x. After setting, click on "Long mBTC^2".\
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On the popped-up wallet interface, click on "Confirm." Open the position successfully now.

Information of the position(s) you have opened up will be included in your “Positions” tab.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FLJYYIOiVwfYitEApIof1%2F5.png?alt=media&amp;token=ab6bfa72-30c7-48c6-8d36-6adb87d95cb4" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2Fs9ju2kBSn6Fg3WHgo4ko%2F6.png?alt=media&amp;token=fad97737-fab5-424d-85b2-2d92782e106c" alt=""><figcaption></figcaption></figure>

You can add / remove the position’s collateral.\
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**Add collateral**&#x20;

Click ‘+’ button, choose ‘Add’ section, set the notional amount in USDC you’d like to add through manually entering or selecting a percentage of your wallet balance. Then, click ‘Add Collateral’.

After confirming in the wallet, your collateral adding is done. Check the updated number in the ‘Collateral’ column.&#x20;

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FC4Of30NEobCmJgRhkpOi%2F7.png?alt=media&amp;token=4ff64bef-0444-4b99-b906-30cc96acc2fb" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F1zrFv41w5fp8d3tHqblY%2F8.png?alt=media&amp;token=21a15ef6-5c87-4fc6-8467-d0fd8135e14e" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FOI8yvrqvNP81S83lWpwN%2F9.png?alt=media&amp;token=78409047-35d3-4458-9cbf-ba1cf251ae51" alt=""><figcaption></figcaption></figure>

**Remove collateral** \
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Choose ‘Remove’, set the notional amount in USDC you’d like to remove through manually entering or selecting a percentage of the available balance. Then, click ‘Remove Collateral’.

After confirming in the wallet, your collateral removal is done. Check the updated number in the ‘Collateral’ column.&#x20;

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2F8QlYXVYmJEye7RZs5G26%2F10.png?alt=media&amp;token=7facd5bb-cb6e-4bec-86bf-bc9237e0e2da" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FlbAjsQLy0cGNkHVvi5HD%2F11.png?alt=media&amp;token=f1b2b460-d41c-4c8d-9dcc-6521defd6157" alt=""><figcaption></figcaption></figure>

**Close a Position**\
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**Step 1:** Click “Close” in the position tab. Set the position size you want to close through manually entering a specific size or selecting a percentage of the current position size. (100% means complete close) Then, click ‘Close’.

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2Fid8l3bSv4QOoxL1MOTqf%2F12.png?alt=media&amp;token=3550d11d-86c2-468f-95eb-78b26c340d9f" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FO8iLQSg0eyxqlv8aLNgO%2F13.png?alt=media&amp;token=6ba380c1-2311-4f06-bf9b-ba7f75ef2039" alt=""><figcaption></figcaption></figure>

**Step 2:** After confirming in the wallet, close the position successfully now. You can view your detailed trading history in the “History” section. <br>

<figure><img src="https://2303190827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MWcJcJ-o4endOrYuRje-887967055%2Fuploads%2FP1aTuyILpTvv7erSIPBv%2F14.png?alt=media&amp;token=14637d78-1f0f-42b4-aa79-a663b3acce0b" alt=""><figcaption></figcaption></figure>

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