📈How to Trade

Step 1 — Deposit

To trade, users deposit $S tokens into the Sonic.Fun contract. Deposits must be within the protocol min/max range. You can deposit as much $S as you like.

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Step 2 — Place Bet

Users choose:

• Direction: UP or DOWN

• Leverage: 100x–1000x

Each bet is equivalent to a binary option on short-term price movement.

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Step 3 — Lock Period

After placing a bet:

• The position locks for 120 seconds.

• Users cannot close or modify the trade during the lock.

• This window prevents front-running and instant arbitrage using insider or off-chain information.

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Step 4 — Post-Lock

Once the 120 seconds elapse:

• The position becomes liquid, meaning you can cash out or keep riding.

• If you do nothing, the position stays open, but keep an eye on funding fees and PnL fee mechanics.