Opening a Position
Last updated
Last updated
Tulip Protocol currently supports the following parameters for new positions:
Notional Size
Leverage
No limit
3x
Minimum deposit would be $50 and maximum collateral would be $50,000 deposit. We will look to adjust/increase these parameters once any potential risks have been mitigated and an orderly market is ensured.
To continue to maintain an orderly market, we have reduced maximum notional size based on the following limits:
$300k position size for RAY-X pairs
$100k position size for ALT-Stable pairs except MEDIA
Minimum deposit still applies.
Note, the program will automatically switch to the borrowing asset that has lower APY. You can toggle this with the dropdown.