Fulcrum is a decentralized margin trading platform. There is no need for any verification, KYC or AML.
Whether lending or trading, maintain control of your own keys and assets with our non-custodial solution.
iTokens (margin loans) earn holders interest on borrowed funds and pTokens (tokenized margin positions) allow your margin positions to be composable.
Positions that become undercollateralized are only liquidated enough to bring margin maintenance from 15% to 25%.
Enjoy a frictionless trading experience with positions that automatically renew and zero rollover fees.
If ETH price goes
Select an asset, set your leverage, and go long or short
Select the amount of leverage for your asset
Enter the quantity and confirm transaction
The bZx base protocol has been successfully audited by leading blockchain security auditor ZK Labs.
Chainlink’s decentralized oracle network is used for price information.
If undercollateralized loans are not properly liquidated, lenders are repaid from a pool funded by 10% of the interest paid by borrowers.
As one of the founding principles of DeFi, we’re committed to interoperability and the development of open source code - see for yourself!
Margin trading has two main aspects: leverage and shorting. When trading with leverage, a trader borrows assets to increase the amount of assets they are trading. By doing so, they magnify the gains or losses of their trade. The borrowed assets are known as a margin loan. To obtain the margin loan, the trader puts up assets that serve as collateral. The terms of the margin loan specify a collateral-to-loan ratio. If the trade falls below the specified ratio, the trade is liquidated and the lender gets repaid using the trader's collateral. Margin trading also includes shorting. When shorting, a trader essentially sells assets they do not own. The short investor borrows an asset and sells it with the expectation that the asset will lose value.