> For the complete documentation index, see [llms.txt](https://fx100.gitbook.io/fx100-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fx100.gitbook.io/fx100-docs/markets/supported-markets.md).

# Supported markets

Markets available at launch and their per-market parameters.

FX100 lists perpetual markets on a focused set of liquid assets. All of the markets below are live on the Base Sepolia testnet.

All markets are collateralised and settled in USDC. The set may change before mainnet.

## Markets and leverage

Each market has its own maximum leverage and matching **liquidation line** — the maintenance collateral factor (`minCollateralFactorForLiquidation`) at which the position becomes eligible for liquidation after the protection window. For most markets the liquidation line is simply `1 / maxLeverage`.

| Asset    | Name          | Max leverage | Liquidation line |
| -------- | ------------- | ------------ | ---------------- |
| **BTC**  | Bitcoin       | 100x         | 0.50%            |
| **ETH**  | Ethereum      | 100x         | 0.50%            |
| **HYPE** | Hyperliquid   | 50x          | 1.00%            |
| **SOL**  | Solana        | 100x         | 0.50%            |
| **WLD**  | Worldcoin     | 50x          | 1.00%            |
| **ZEC**  | Zcash         | 85x          | 0.59%            |
| **VVV**  | Venice Token  | 50x          | 1.00%            |
| **LINK** | Chainlink     | 100x         | 0.50%            |
| **SUI**  | Sui           | 50x          | 1.00%            |
| **AERO** | Aerodrome     | 50x          | 1.00%            |
| **NEAR** | NEAR Protocol | 50x          | 1.00%            |
| **XLM**  | Stellar       | 50x          | 1.00%            |
| **ENA**  | Ethena        | 50x          | 1.00%            |
| **TIA**  | Celestia      | 50x          | 1.00%            |
| **ONDO** | Ondo Finance  | 50x          | 1.00%            |
| **XRP**  | XRP           | 100x         | 0.50%            |
| **ARB**  | Arbitrum      | 70x          | 0.71%            |
| **TON**  | Toncoin       | 70x          | 0.71%            |
| **AAVE** | Aave          | 50x          | 1.00%            |
| **PUMP** | Pump.fun      | 50x          | 1.00%            |
| **BNB**  | BNB           | 100x         | 0.50%            |
| **XMR**  | Monero        | 50x          | 1.00%            |
| **ADA**  | Cardano       | 50x          | 1.00%            |
| **DOGE** | Dogecoin      | 100x         | 0.50%            |

{% hint style="warning" %}
These are **testnet parameters and subject to change** before mainnet. Always rely on the in-app order preview and market info panel for the values in force.
{% endhint %}

## Per-market parameters

Several values in these docs are configured per market rather than globally:

| Parameter                           | Governs                                | Where it appears                                                               |
| ----------------------------------- | -------------------------------------- | ------------------------------------------------------------------------------ |
| `constantSpread`                    | Baseline spread                        | [Pricing and execution](/fx100-docs/trading/pricing-and-execution.md)          |
| `depth`                             | How fast depth spread grows with size  | [Pricing and execution](/fx100-docs/trading/pricing-and-execution.md)          |
| `minCollateralFactor`               | Maximum openable leverage              | [Leverage and margin](/fx100-docs/trading/leverage-and-margin.md)              |
| `minCollateralFactorForLiquidation` | Maintenance requirement                | [Liquidation](/fx100-docs/how-the-system-works/liquidation.md)                 |
| `positionFeeFactor`                 | Open and close fees                    | [Fees](/fx100-docs/how-the-system-works/fees.md)                               |
| `floorFactor`, `baseFactor`         | Funding rates                          | [Funding](/fx100-docs/how-the-system-works/funding.md)                         |
| `reserveFactor`                     | Share of pool value backing the market | [Available liquidity](/fx100-docs/how-the-system-works/available-liquidity.md) |
| `maxOpenInterest`                   | Hard exposure cap                      | [Available liquidity](/fx100-docs/how-the-system-works/available-liquidity.md) |

Values are configured per market and change over time. Always rely on the in-app order preview and market info panel for current parameters.

## Market info in the interface

The market info panel shows current open interest by side, available liquidity, current funding rate, and the applicable fee rates. For anything that affects the cost of a specific order, the order preview is authoritative.