Futures Contract on ETH/DAI price with 30% margin requirement and maturity of 2 October 2020. Each contract covers 1 ETH.
ETH price in DAI
Chainlink on-chain DAI/ETH price feed
2 October 2020 8:00 UTC
Price on expiration - Future price
Future price - Price on expiration
^capped by initial margin
The derivative fee is 0,25% of the profit (only charges to profit makers) and received by derivative author
*maximum risk of buyer / gain of seller; **Maximum risk of seller / gain of buyer; future contract traded with open price with via order book
A Futures Contract is a derivative product and is an agreement to buy or sell a commodity, currency, or other instruments at a predetermined price at a specified time in the future.
Opium.Exchange offers several of its trading products in the form of a Futures Contract with a cash settlement.
Futures contracts do not require to post 100% of collateral as margin, because of this you can trade with leverage of up to 100x on some Opium.Exchange contracts.
All margin on Opium.Exchange is denominated in stable coins or any ERC20 coins, allowing traders to speculate on the future value of its products only using stable cryptocurrency or other Ethereum based tokens.