Major Update: No profit limit
Today we have rolled out a major update to our smart contracts. Following numerous requests from our customers, we have changed the structure to remove the profit cap on the positions.
Now, a position can be closed only in the following 3 events:
the contract has reached its expiration block
liquidation price for the position was reached
user closed the position manually through the order book
The profit is now unlimited and traders can benefit from big swings in the price.
Note: To move funds from the old contract to the new one, go to Menu > Smart Contracts and select the previous Base contract from the dropdown, withdraw your funds and then choose the latest contract and make a deposit.