ONUS Pro offers to you USD Margin Futures products.
USD-Margined Futures contracts on ONUS Pro offer the following characteristics
- Settlement in USD-pegged assets: contracts are denominated and settled in USDT.
- Expiration: Perpetual.
- Pricing rules: each futures contract stipulates the quantity of the underlying asset to be delivered to a single contract, also known as the "Contract Unit". For example, the BTCUSDT, ETHUSDT, and SOLUSDT futures contracts represent only one unit of the contract's underlying asset, similar to the spot market.
Advantage of USD-Margin Futures
One of the benefits of collateralizing as well as paying in USDT is that you can easily calculate your profit in fiat, which makes USD margin contracts more intuitive. Example: When you make a profit of 100 USDT, you may know that you are making a profit of approximately 100 USD since the value of 1 USDT is pegged to 1 USD.
In addition, using only 1 asset class as a common payment currency also gives you more flexibility. You only need USDT to pay for different futures contracts (BTC, ETH, …). That way you don't have to buy the base coin to fund your futures positions. As a result, you will not incur excessive fees as there is no need for additional conversions when trading in USDT.
During periods of high price volatility, USD margin futures can help reduce the risk of large price fluctuations because you don't need to worry about hedging the underlying asset, as they are stablecoins.