Dumb Mode
Last updated
Last updated
Dumb Mode on PancakeSwap Perpetuals offers a simplified trading experience, ideal for traders who prefer to trade on the minute-by-minute fluctuations of an underlying asset’s value. Dumb Mode simplifies trading by reducing the noise, allowing users to enter and exit short-term positions easily.
Users are given a selection of 60-second, 5-minute or 10-minute expiration windows with different return-on-investment ratios. Users can choose to long or short an underlying asset.
At the end of the expiration period, if the underlying asset is in a winning position (price greater than open price for long, price lower than open price for short), users will stand to profit.
Each expiration period has a different return-on-investment (ROI). The longer the expiration period, the higher the ROI. Percentages and fees are as follows:
Expiration Period
Winning ROI (Net of fees)*
Losing ROI
Fees (on Winning)
60 seconds
75%
-100%
6% on collateral
5 minutes
85%
-100%
6% on collateral
10 minutes
88%
-100%
6% on collateral
*Winning ROI may be adjusted occasionally depending on market conditions. Please check this page for any updates
For example, in the following scenario:
Position Selected: Long
Collateral Placed: 100 USDT
Expiration Period: 60 seconds
BTCUSD price at open: $50,000
BTCUSD price after 60s: $50,001
User will profit 100USDT * 75%= 75USDT
For more information on how to open a Dumb Mode position, click here.
Dumb Mode supports trading in the following markets and margin assets on BNB Chain:
Market
Margin Assets
BTCUSD
ETHUSD
CAKEUSD
BNBUSD
SOLUSD
USDC
USDT
CAKE
ETH
BTC
HAY
Dumb Mode supports trading in the following markets and margin assets on Arbitrum, opBNB and Base Chains:
Market
Margin Assets
BTCUSD
ETHUSD
USDC
USDT
ETH
BTC
Support for more assets/chains is in development.
A fee of 6% of the principal or collateral is charged in case of a winning trade. This is already calculated before ROI.