Documentation

πŸ“ˆ Perps

Perps let you trade Polymarket perpetual markets from Olympus. They are separate from prediction-market copy trading: you manage margin, leverage, entries, exits, and protection directly from the Perps pages.

Open Perps from the app header or go directly to Perps.

What You Can Trade

Olympus supports the current Polymarket perps instruments, including crypto, equity indexes, metals, and oil.

The Perps overview page shows available markets with live prices, recent movement, and direct links into each instrument's trading view.

Step-By-Step: Opening A Perps Position

Step 1 β€” Open The Perps Page

Go to /app/perps. You will see the market overview grid with live prices and percentage moves for each instrument.

Step 2 β€” Pick A Market

Click any market card to go to that instrument's trading view. Each market page shows a live chart, order book, and trade controls.

Step 3 β€” Choose Long Or Short

Select Long if you expect the price to rise, or Short if you expect it to fall.

Step 4 β€” Set Your Leverage And Size

Use the leverage control to choose your multiplier, then enter the collateral amount or position size. The panel shows your estimated liquidation price and margin requirement before you confirm.

Step 5 β€” Choose Market Or Limit

  • Market order β€” executes immediately at the current best price
  • Limit order β€” sits in the book until the price reaches your target

Step 6 β€” Fund Your Perps Balance If Needed

Perps use separate pUSD collateral from your copy-trading balance. If you have no pUSD, use the Transfer action on the Perps page to move funds from your main balance.

Step 7 β€” Confirm The Order

Review leverage, size, and estimated price, then submit. The position appears in your open positions panel once confirmed.

Step 8 β€” Set Stop-Loss And Take-Profit (Recommended)

From the positions panel, add a stop-loss and take-profit to protect the position. These execute automatically when the price hits your target.

Trading View

Each perps market page includes:

  • a live price chart
  • order book and recent trades
  • long and short order controls
  • leverage controls
  • market and limit entry support
  • open-position management

Perps use separate pUSD collateral from your prediction-market balance. Use the Transfer action on the Perps view when you need to move funds between balances.

Positions And Exits

The Perps portfolio view shows your open positions, margin, estimated PnL, and position actions.

From there, you can:

  • close a position
  • add or edit take-profit and stop-loss protection
  • monitor unrealized PnL
  • refresh account state
  • share a PnL image

Stop-loss and take-profit controls are risk tools, not guarantees. Fast markets, thin books, and API delays can affect execution quality.

Automation

The Perps page also includes optional RSI automation for users who want rule-based entries.

Automation rules can open a position when RSI conditions are met, then attach configured take-profit and stop-loss protection. Start small, review the rule before enabling it, and monitor activity after the first trigger.

Good Practices

  • trade with size you can afford to lose
  • check leverage before every order
  • keep enough available collateral for open positions
  • use limit orders when price discipline matters
  • use stop-loss and take-profit settings as safeguards, not substitutes for monitoring
  • avoid running multiple strategies on the same instrument unless you understand how net positions work