Avalanche Perpetual · AVAXUSDT

About Avalanche (AVAX)

Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.

Trading Avalanche Perpetuals on Aster

On Aster, Avalanche trades as the USDT-margined AVAXUSDT perpetual: a contract with no expiry date, where your collateral and your profit or loss are both settled in USDT rather than in AVAX itself. Leverage runs up to 75x on the standard order-book market, and funding is exchanged between longs and shorts every eight hours to keep the contract price tracking its index. Orders can be placed openly or through Aster's hidden-order mode, which keeps size out of the public book until the moment it executes.

How the AVAXUSDT Perp Differs From Owning Avalanche

Buying Avalanche outright gives you the asset. Trading the AVAXUSDT perpetual gives you exposure to what its price does without ever holding it: you post USDT as margin, and the position is closed out in USDT at whatever level you exit. That difference has three practical consequences. Going short is as easy as going long, so a falling AVAX price is something you can trade rather than sit out. Position size can exceed collateral, up to 75x, which magnifies losses at exactly the same rate it magnifies gains. And funding is paid or received every eight hours for as long as the position stays open, a running cost that someone simply holding Avalanche never encounters.

Fees and Leverage on the AVAXUSDT Market

Aster charges 0% maker and 0.04% taker on USDT-margined perpetuals, so adding liquidity to the AVAXUSDT book costs nothing and taking it costs 0.04% of notional. Two savings stack on top of that: paying fees in ASTER takes another 5% off at the point of trade, and signing up with referral code MMTz04 returns 5% of the fees you pay as a rebate Aster calculates daily and credits the next day. Leverage on Avalanche is capped at 75x on the standard perp. Leverage does not change the fee rate, but it does change the notional those fees are charged against, so a 50x position pays fifty times the fee that the same collateral would pay unlevered. The full tier structure is in our Aster fees guide.

What to Know Before Trading Avalanche

Three things decide whether a Avalanche position survives. Funding is the first: the eight-hourly payment runs positive or negative depending on which side is crowded, and over days rather than minutes it compounds into a real drag on a held position. Liquidation is the second: at 75x, a move of roughly 1.3% against you consumes the margin backing the trade, before fees are counted. Liquidity is the third: depth on AVAXUSDT varies by hour, and a market order sized past the visible book fills at progressively worse prices, which is the situation limit orders and hidden orders exist to handle. Set the stop before you open the position rather than after, and treat the leverage slider as a risk control rather than a way to buy more.

How to Trade Avalanche on Aster in 4 Steps

1. 1Connect a wallet: open asterdex.com and connect MetaMask, Rabby, or another Web3 wallet. No identity verification is currently requested.
2. 2Deposit USDT: fund your account with USDT to use as margin collateral.
3. 3Open the AVAXUSDT market: select Avalanche, choose your leverage (up to 75x), and set your margin mode.
4. 4Place your order: market or limit, with optional hidden-order mode for size. Manage risk with stop-loss and take-profit.

Avalanche Perpetual — Contract Specs

Frequently Asked Questions