> For the complete documentation index, see [llms.txt](https://docs.thena.fi/thena/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.thena.fi/thena/thena-perps-v2/thena-perps-trading-guide.md).

# THENA Perps Trading Guide

How to Trade on perps.thena.fi

### Step 1: Connect Your Wallet and Create an Account

1. Go to the [THENA Perps page](https://perps.thena.fi/trade/BTCUSDT) and click the top-right corner to connect your wallet.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2Fot7EttUo0uQrmHMKqkiZ%2F1-1.png?alt=media&amp;token=453b1dea-ae42-4892-8c49-3ceb8fbdabab" alt=""><figcaption></figcaption></figure>

2. Click “Create Account” in the same box.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FfUmmLoor987brAwde22n%2F1-2.png?alt=media&amp;token=865c3d5e-5760-42b0-bace-06420638ada1" alt=""><figcaption></figcaption></figure>

3. Enter your preferred username and click “Create Account.”

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FTKwlbW4iIa5bHvGifbEI%2F1-3.png?alt=media&amp;token=349e8f72-4e81-4777-b509-cdd3e5b316cf" alt=""><figcaption></figcaption></figure>

4. Review the Terms & Conditions (T\&C) and click “Agree.”

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2F981C2YAO6zBQjbo9bpZC%2F1-4.png?alt=media&amp;token=bfb4c251-9b0e-40f4-a8a0-2c9ec7ddb4f7" alt=""><figcaption></figcaption></figure>

5. Confirm the action through your wallet. Once completed, click “Ok!” to proceed.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FSTg0T6o4QWkR3cGweWzI%2F1-5.png?alt=media&amp;token=da1a228f-70eb-4077-9bc8-c7e4d7e647ec" alt=""><figcaption></figcaption></figure>

***

### Step 2: Make a Deposit

1. Click “Deposit” located at the bottom of the page.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FYu1MPmqwVBN85NevUU39%2F2-1.png?alt=media&amp;token=5a5a32c2-6332-4a42-8da6-27d219561b24" alt=""><figcaption></figcaption></figure>

2. Enter the amount of USDT you want to deposit and click “Approve Collateral.”

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2F9bfeIWrAKWGqvWcTqB5i%2F2-2.png?alt=media&amp;token=0c11489e-563d-405f-aeb2-897c1b2b164f" alt=""><figcaption></figcaption></figure>

3. Approve the transaction through your wallet, then click “Deposit.”

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FuswJNea7bbhnFT3vadj1%2F2-3.png?alt=media&amp;token=5fe49541-eae6-4c59-b0bb-a1b75c98ba9a" alt=""><figcaption></figcaption></figure>

4. Confirm again via your wallet to complete the process.&#x20;
5. You can now see your USDT balance displayed in the bottom-left corner of the page.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FYTrxmXFbx8UlFSrmwafH%2F2-5.png?alt=media&amp;token=741927d3-5518-4aa7-8a11-e4aae24574e7" alt=""><figcaption></figcaption></figure>

***

### Step 3: Set Up Your Position

1. Select a trading pair you want to trade (e.g.,FLOKI/USDT) from the dropdown menu.&#x20;

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FDEVDBTKqn0wKaAa1gmWe%2F3-1.png?alt=media&amp;token=46fb63ca-74a0-4f49-b812-80a581206c3a" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FgGFdDIkRA03xdLA5SAoU%2F3-1-1.png?alt=media&amp;token=f91922b6-ff1d-47a3-b17c-9aa30c1a16b7" alt=""><figcaption></figcaption></figure>

2. Set up your position using the following parameters:

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2F9t0eEMyvf0kcX5JCLkkc%2F3-2.png?alt=media&amp;token=b8b75734-f355-4ca1-8f63-17361b397678" alt=""><figcaption></figcaption></figure>

* Order Type: Choose Limit or Market.
* Direction: Choose Long (expect price to rise) or Short (expect price to fall).
* Price and Amount: Enter the desired values.
* Leverage: Adjust the leverage (up to 60x) based on your risk tolerance. THENA Perps supports high leverage for advanced traders looking to maximize potential gains, but remember that this also increases risk.
* TP/SL (Take Profit / Stop Loss): Set your target profit and stop loss to manage risk.&#x20;

3. Once all details are correct, click the confirmation button below the settings section.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FXQRcx9K2YUTE6ZFxEaLw%2F3-3.png?alt=media&amp;token=2391d5c0-68b9-40c3-88e9-56cdf340aa5e" alt=""><figcaption></figcaption></figure>

4. Double-check your position details, then click the button to open your trade.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2Ftr6GPT8jO61Uu989UdSS%2F3-4.png?alt=media&amp;token=c061b412-9369-4fae-a59f-24a09689e4e9" alt=""><figcaption></figcaption></figure>

5. Confirm the trade through your wallet to finalize it.<br>
6. Your active position will now appear in the lower section of the page.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FkK0kbhYVEDcRlxnnU42b%2F3-6.png?alt=media&amp;token=b4050c88-1358-4ea7-8859-843ddab8e8ce" alt=""><figcaption></figcaption></figure>

***

### Step 4: Close Your Position

1. In the position bar, click “Close” next to the position you want to close.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FKHfeF6HyEuZOeWm8BK3D%2F4-1.png?alt=media&amp;token=4f42a226-b7a4-4834-9c7f-d9f929c510af" alt=""><figcaption></figcaption></figure>

2. After reviewing the details, choose “Close Position” or “Instant Close”.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FtwcAL9cAsPjX2kX5nudN%2F4-2.png?alt=media&amp;token=acdcd12c-a205-4a5b-8a03-07769dc70e3c" alt=""><figcaption></figcaption></figure>

3. A “Close Successful” notification will appear in the top-right corner, confirming the closure.

<figure><img src="https://1601725461-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fp4Ew3qUZPqMSVg5hJI12%2Fuploads%2FkTB5PmVdyAp74ng9qyl3%2F4-3.png?alt=media&amp;token=479363ac-dad4-4d0c-8f37-ac7a9e22524e" alt=""><figcaption></figcaption></figure>

#### Disclaimer

Please be note that THENA does not provide any financial advice. Trading futures risky, and may lead to significant gains or losses. Make sure to conduct your own research and fully understand the risks before setting up your positions.
