Products
The distinct trading products MetaFlux offers. Each is a separate market type with its own book, balances, and risk model; this section introduces what each one is, its current status, and links to the full mechanics. For the cross-cutting machinery they share — order types, margin, liquidation, fees — see Concepts.
What you can trade
| Product | What it is | Status |
|---|---|---|
| Perpetuals | Leveraged long/short on an asset's price, no expiry, anchored by funding | Live |
| Spot | Token-for-token CLOB, settled against your balance, no leverage | Live |
| Spot margin | Leveraged spot funded by the Earn lending pool | Testnet preview — no pair is calibrated for borrowing yet |
| Options | Standard European puts and calls, fully collateralized, traded through RFQ only. A put settles in USDC; a call settles in the underlying coin | Live — series are listed by validator vote |
| CDS | Credit-default-swap-style protection contracts | Planned |
Sharia compliance
info
Only non-leveraged spot — buying and selling outright at full value, with no leverage, margin, borrowing or funding — is generally regarded as compatible with Islamic finance principles. Every other product here is leveraged or derivative, spot margin included, and introduces interest (riba) and uncertainty (gharar, maysir).
Informational, not religious or financial advice.
See also
- Contract specifications — the per-contract perp spec (margin, mark, funding, increments, limits) read live from the API
- Concepts — the shared mechanics: order types, margin modes, funding rates, tiered liquidation, fees
/exchange— the wire actions behind every product- Start here — a plain-language introduction for newcomers