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RiskSwap is a multichain DEX for futures and options trading. They have received grants from both Serum and NEAR.

They are now inviting users to try their perpetuals trading demo on Solana devnet. Early users who provide feedback will be rewarded from their tweet.

Let’s try to trade perps on their platform.

Step 1:

Head to https://perp.riskswap.com/ and connect your wallet (Phantom or Sollet). Make sure you are on devnet as seen at the top right corner.

We mint 10000 $RS_USDC first.

Step 2:

We then deposit the minted $RS_USDC into the platform for trading.

Step 3:

We are ready to trade now. We start by longing BTC-PERP. Input your position size and confirm. (Only market orders for now)

Our position now.

Step 4:

Now we try to short. Input your position size and confirm.

Our updated position.

Step 5:

We market close our remaining position.

Step 6:

Finally we withdraw some of our RS_USDC balance.

Step 7:

That’s all for the testnet. Remember to share the bugs you found or your feedback to the team at their google form or at their discord server.