F&Q

Why use CALM?

  • Fast. Orders are executed and settled within a few seconds.

  • Cheap. The contracts are highly gas efficient and fees are minimal.

  • Easy. Start trading in seconds directly from your wallet.

How does CALM work behind the scenes?

Your newly placed order is stored in the trading contract. The dark oracle network then retrieves and prices your order. When you close your profitable position, the pool pays you your profit. When you close at a loss, your loss is transferred to the pool.

How are prices determined?

You can think of CALM as a decentralized OTC trading desk. You submit an order and that order is filled based on a quote provided by the dark oracle network, which takes into account market conditions like volatility.

What's leverage?

Leverage multiplies your buying power, hence your profits and losses. You can select your leverage on every trade and you can use zero leverage by selecting 1×.

How is profit calculated?

Profit or loss is calculated by multiplying the price movement percent by your position size. For example, if you have a 10 ETH long position on BTC/USD and price rises 10%, you make 1 ETH (10 ETH x 10%).

How is the liquidation price calculated?

Your position becomes liquidatable when it reaches 80% loss.

How can I use CALM?

CAP is a set of contracts deployed on BNB Chain, Arbitrum. You can use CALM at Calm Ecosystem or by running the CALM UI on your local machine.

Can I use CALM to trade programmatically?

Yes, CALM contracts can be interacted with permissionlessly.

My submitted order disappeared?

This occurs if your order is not able to be filled by the dark oracle network. This could happen if there is not enough balance in the pool backing your trade. You can try canceling your order from the contracts directly.

Who's behind CALM?

CALM is built and maintained by an anonymous group of internet friends.

I have more questions or feedback?

Let community members know on Telegram and Twitter.

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