Trading overview: spot and perps on Pocket

Pocket supports spot and perpetual markets on a central limit order book. All fills settle on Pocket Chain and can be verified onchain.

Pocket supports spot and perpetual (perps) markets on a central limit order book (CLOB). All fills settle on Pocket Chain and can be verified in the explorers.

Market types

Spot

Buy or sell the base asset against a quote asset (for example, BTC/USDC). No leverage.

Perpetuals

Trade price exposure with leverage. Positions are margined in USDC. Funding payments balance long/short interest over time.

Trade page layout

Area	Purpose
Chart	TradingView candlesticks, multiple timeframes
Order book	Live bids/asks and depth
Order panel	Side, size, price, leverage (perps), order type
Bottom tabs	Balances, positions, open orders, history

Margin modes (perps)

Mode	Description
Cross	Shared margin across all cross positions
Isolated	Margin locked per position; supports add/remove margin on testnet

Testnet scope

Capability	V1	V2
Market / Limit orders	✅	✅
Post-Only	—	—
Reduce-Only	—	Mainnet
Advanced stop / TP orders	—	✅
TP/SL on order entry	—	✅
One-click close all	—	Mainnet

Before you trade

1. Complete onboarding

   Go through Getting started to set up your wallet and fund your account.

2. Check your balance

   Ensure you have sufficient test USDC for the market you want to trade.

3. Set leverage and review risk

   For perps, set leverage and review the estimated liquidation price before submitting an order.

Related pages

Order types

Learn about market, limit, stop, and TP orders.

Take profit & stop loss

Automate exits with TP and SL on perps.

Portfolio

Track balances, positions, and history in one place.