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:
*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:
Dumb Mode supports trading in the following markets and margin assets on Arbitrum, opBNB and Base Chains:
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.
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
Market
Margin Assets
BTCUSD
ETHUSD
CAKEUSD
BNBUSD
SOLUSD
USDC
USDT
CAKE
ETH
BTC
HAY
Market
Margin Assets
BTCUSD
ETHUSD
USDC
USDT
ETH
BTC