Cross-Collateral Feature Now Live on Omni Perps
We’re excited to announce that Omni Perps has introduced the highly anticipated Cross-Collateral feature, starting with USDC! This powerful addition will soon support more assets, enhancing your trading experience with flexibility and efficiency.
Whether you're a seasoned trader or just getting started, cross-collateralization is designed to empower your trading strategy. Let’s dive into what this means and why it’s a game-changer for your perpetual trading experience.
What is Cross-Collateral in Perpetual Trading?
Cross-collateral allows traders to use alternative assets as collateral to trade perpetual contracts. Instead of limiting collateral to one specific asset, this feature lets you deposit USDC (and soon other assets) to back your positions.
For example:
Previously, you might have needed USDT to trade.
Now, with cross-collateralization, you can use USDC directly to open and maintain your positions.
The system automatically converts your collateral into a usable margin for trading, without the need to manually swap or transfer funds between wallets.
Advantages of Cross-Collateral on Omni Perps
Flexibility in Asset Usage
Choose from multiple collateral options (starting with USDC) to support your trades.
Simplifies your trading journey by removing the need for pre-trade asset conversions.
Capital Efficiency
Cross-collateralization lets you optimize your portfolio by allowing unused assets to generate trading opportunities.
Reduce idle funds and maximize your capital utilization.
Convenience
Deposit and trade seamlessly, without worrying about moving assets between accounts or platforms.
The automated system converts collateral into margin instantly.
Future Proof with Multi-Asset Support
While we’re launching with USDC, expect more assets to be added soon, giving you even more options to collateralize your trades.
Enhanced Risk Management
Diversifying your collateral reduces the risk tied to market volatility of a single asset.
Manage your portfolio better while trading in a volatile market.
Get Started with Cross-Collateral Today
Activate the Cross-Collateral feature now by logging into your Omni Perps account and depositing USDC as collateral. Keep an eye out for updates as we expand our supported asset list, offering you even greater trading versatility.
Stay ahead in the game with the best tools and features at your fingertips. Start trading smarter with Cross-Collateral on Omni Perps today!
For any questions, reach out on our official Discord channel in #general or by submitting a support ticket.
Your feedback matters!
We’re always looking to enhance your trading experience. Drop us your suggestions and feedback, and let us know what assets you’d like to see added as collateral next!