> ## Documentation Index
> Fetch the complete documentation index at: https://docs.lfg.land/llms.txt
> Use this file to discover all available pages before exploring further.

# Features

> Explore the key features and capabilities of LFG Perp

# LFG Perp Features

LFG Perp brings institutional-grade perpetual futures trading to the decentralized world with a comprehensive set of features designed for traders and developers.

## Core Trading Features

### Perpetual Contracts

<CardGroup cols={2}>
  <Card title="No Expiration" icon="infinity">
    Positions remain open indefinitely until you decide to close them. No need
    to roll over contracts.
  </Card>

  <Card title="Major Markets" icon="chart-line">
    Trade perpetuals on BTC, ETH, SOL, and other major cryptocurrencies against
    USD.
  </Card>

  <Card title="Leverage Trading" icon="arrows-maximize">
    Access leveraged positions to amplify your trading strategies and capital
    efficiency.
  </Card>

  <Card title="Funding Rates" icon="percent">
    Market-driven mechanism keeps perpetual prices anchored to spot, creating
    arbitrage opportunities.
  </Card>
</CardGroup>

### Order Types

LFG Perp supports a comprehensive range of order types for sophisticated trading strategies:

<Tabs>
  <Tab title="Short-Term Orders">
    **Characteristics**:

    * Expire based on block height
    * Lower gas costs
    * Faster execution
    * Ideal for HFT and market making
    * Maximum limit: 40 blocks (\~20 seconds)

    **Best For**:

    * High-frequency trading
    * Market making
    * Grid trading
    * Scalping strategies
  </Tab>

  <Tab title="Long-Term Orders">
    **Characteristics**:

    * Expire based on timestamp
    * Can stay open for days/weeks
    * Standard gas costs
    * Good-til-time (GTT) support

    **Best For**:

    * Position building
    * Swing trading
    * Limit orders at specific prices
    * Stop-loss/take-profit orders
  </Tab>

  <Tab title="Order Execution">
    **Supported Types**:

    * **Limit Orders**: Specify exact price
    * **Market Orders**: Execute at current price
    * **Stop Limit**: Trigger limit order at stop price
    * **Stop Market**: Trigger market order at stop price
    * **Post-Only**: Guarantee maker status
    * **Reduce-Only**: Only close positions, not open new ones
  </Tab>
</Tabs>

### Advanced Order Options

<AccordionGroup>
  <Accordion title="Post-Only Orders" icon="layer-plus">
    Ensure your order is added to the orderbook as a maker, guaranteeing maker fees. Orders that would immediately match are rejected.
  </Accordion>

  <Accordion title="Reduce-Only Orders" icon="arrow-trend-down">
    Limit risk by only allowing orders that reduce your current position size. Perfect for stop-loss and take-profit strategies.
  </Accordion>

  <Accordion title="Time-in-Force Options" icon="clock">
    * **GTT** (Good-Til-Time): Valid until timestamp
    * **IOC** (Immediate-or-Cancel): Execute immediately or cancel
    * **FOK** (Fill-or-Kill): Fill completely or cancel entirely
  </Accordion>
</AccordionGroup>

## Account Management

### Subaccount System

Manage multiple trading subaccounts under a single wallet for sophisticated risk management:

<CardGroup cols={2}>
  <Card title="Risk Isolation" icon="shield">
    Each subaccount has isolated collateral and positions. One strategy's losses
    don't affect others.
  </Card>

  <Card title="Strategy Separation" icon="layer-group">
    Run different trading strategies simultaneously in separate subaccounts.
  </Card>

  <Card title="Multi-Market Trading" icon="grid">
    Organize positions across different markets and timeframes efficiently.
  </Card>

  <Card title="Easy Transfers" icon="arrow-right-arrow-left">
    Move collateral between subaccounts instantly without withdrawal delays.
  </Card>
</CardGroup>

### API Key Trading

Enable programmatic trading without exposing your main wallet:

<Tabs>
  <Tab title="Security">
    * Main wallet remains offline
    * API keys have limited permissions
    * Separate keys for different purposes
    * Easy key rotation
  </Tab>

  <Tab title="Use Cases">
    * Trading bots
    * Automated strategies
    * Third-party integrations
    * Team collaboration
  </Tab>

  <Tab title="Management">
    * Create multiple API keys
    * Set per-key permissions
    * Monitor key activity
    * Revoke instantly
  </Tab>
</Tabs>

## Platform Features

### Non-Custodial Trading

<CardGroup cols={2}>
  <Card title="Your Keys" icon="key">
    You hold your private keys and control your funds at all times. LFG Perp
    never has access.
  </Card>

  <Card title="On-Chain Settlement" icon="link">
    Every trade is settled on Oraichain blockchain with full transparency and
    auditability.
  </Card>

  <Card title="No KYC" icon="user-shield">
    Trade without identity verification. Access from anywhere with just a
    wallet.
  </Card>

  <Card title="Open Source" icon="code-branch">
    All code is open source and auditable. Build trust through transparency.
  </Card>
</CardGroup>

### Performance & Reliability

<Tabs>
  <Tab title="Speed">
    * Sub-second order execution
    * Real-time orderbook updates
    * Low-latency WebSocket feeds
    * Optimized for HFT strategies
  </Tab>

  <Tab title="Scalability">
    * Built on Cosmos SDK
    * High throughput blockchain
    * Efficient state management
    * Handles large order volumes
  </Tab>

  <Tab title="Reliability">
    * 24/7 uptime
    * Redundant infrastructure
    * Automatic failover
    * Monitored endpoints
  </Tab>
</Tabs>

## Developer Features

### Comprehensive SDK

<CardGroup cols={2}>
  <Card title="TypeScript/JavaScript" icon="js">
    Full-featured SDK with complete type safety and IntelliSense support
  </Card>

  <Card title="Simple Integration" icon="plug">
    Single unified client combining read and write operations
  </Card>

  <Card title="WebSocket Support" icon="wifi">
    Real-time data streams for prices, orderbooks, and account updates
  </Card>

  <Card title="Examples & Docs" icon="book">
    Extensive documentation with working examples for common use cases
  </Card>
</CardGroup>

### API Access

<AccordionGroup>
  <Accordion title="REST API" icon="server">
    Query market data, account information, and historical data via REST endpoints.

    **Features**:

    * Comprehensive market data
    * Account queries
    * Historical trades
    * Orderbook snapshots
  </Accordion>

  <Accordion title="WebSocket API" icon="wave-pulse">
    Subscribe to real-time updates for orderbooks, trades, and account changes.

    **Subscriptions**:

    * Live orderbook updates
    * Real-time fills
    * Position changes
    * Market statistics
  </Accordion>

  <Accordion title="RPC Endpoints" icon="network-wired">
    Direct blockchain access for transaction submission and state queries.

    **Capabilities**:

    * Submit transactions
    * Query blockchain state
    * Monitor confirmations
    * Access block data
  </Accordion>
</AccordionGroup>

## Market Data

### Real-Time Information

Access comprehensive market data to inform your trading decisions:

<Tabs>
  <Tab title="Orderbook">
    * Full depth orderbook
    * Bid/ask spreads
    * Liquidity analysis
    * Price levels
  </Tab>

  <Tab title="Market Stats">
    * 24h volume
    * Price changes
    * Open interest
    * Trading activity
  </Tab>

  <Tab title="Funding">
    * Current funding rate
    * Next funding time
    * Historical rates
    * APR calculations
  </Tab>

  <Tab title="Historical">
    * Price history
    * Volume history
    * Trade history
    * Funding history
  </Tab>
</Tabs>

### Oracle-Based Pricing

<CardGroup cols={2}>
  <Card title="Decentralized Oracles" icon="satellite-dish">
    Market prices from multiple decentralized oracle providers
  </Card>

  <Card title="Manipulation Resistant" icon="shield-check">
    Aggregated pricing prevents single-source manipulation
  </Card>

  <Card title="Real-Time Updates" icon="clock">
    Continuous price feeds for accurate position valuation
  </Card>

  <Card title="Transparent" icon="eye">
    All oracle data is verifiable on-chain
  </Card>
</CardGroup>

## Security Features

<AccordionGroup>
  <Accordion title="Liquidation Protection" icon="triangle-exclamation">
    Automated liquidation system protects exchange solvency while giving traders maximum leverage.

    **How it Works**:

    * Continuous margin monitoring
    * Automatic position closure when maintenance margin breached
    * Insurance fund covers shortfalls
    * Transparent liquidation process
  </Accordion>

  <Accordion title="Secure Architecture" icon="lock">
    Built on battle-tested Cosmos SDK with proven security model.

    **Security Measures**:

    * Open-source codebase
    * Multiple audits
    * Bug bounty program
    * Regular security updates
  </Accordion>

  <Accordion title="Risk Management" icon="gauge">
    Built-in tools for managing trading risk and position sizing.

    **Features**:

    * Margin health indicators
    * Position size limits
    * Free collateral tracking
    * Liquidation price estimates
  </Accordion>
</AccordionGroup>

## What's Next?

<CardGroup cols={2}>
  <Card title="Architecture" icon="sitemap" href="/introduction/architecture">
    Learn how LFG Perp is built
  </Card>

  <Card title="Start Building" icon="code" href="/development/overview">
    Develop on LFG Perp
  </Card>

  <Card title="Trading Guides" icon="book" href="/guides/orders">
    Learn how to trade
  </Card>

  <Card title="Launch App" icon="rocket" href="https://lfg.land">
    Start trading now
  </Card>
</CardGroup>