What can you do?

You can:

  1. Margin trade on the deepest liquidity in Solana DeFi.

  2. Open low leverage positions with cheapest and least volatile fees.

  3. Go long/short on your favorite trading pairs, 200+ trading pairs to choose from.

  4. Find the best way to take spot margin to long/short memecoins.

  5. Lever up on LST/LRT yields.

  6. Farm Stablecoin Interest Rate differentials.

  7. Hedge your vested airdrop.

  8. Farm delta neutral strategies with leverage.

  9. Farm rewards and points with leverage while margin trading.

Margin trade on the deepest liquidity in Solal DeFi

Asgard builds positions on top of spot DEX's and lending protocols.

By leveraging Jup and aggregating money markets, Asgard taps into +$1.5B liquidity of spot markets and +$1.5B liquidity of money markets, Asgard can facilitate large trades with minimal impact on both rates and price.

No chicken and egg problem to create liquidity for tokens → in this design we tap into existing spot and money markets liquidity ($2B+).

Open low leverage positions with cheapest and least volatile fees

Implied fees on Asgard are determined by the difference between the lending and borrowing rates on lending protocols.

This mechanism offers the cheapest fees, around 1.5x - 3x cheaper and 20x less volatile than market leaders.

Trade description:

  1. Asset: BONK

  2. Initial Capital: $100k

  3. Position Timeframe:

    1. Date Range: 2024-07-14 to 2024-08-14

    2. Time Period: 1 Months

  4. Leverage: 2.0x

  5. Borrow Asset on lending protocols: USDC

Assume Asgard fees as 5 BPS on open and close, here is the fee comparison:

Asgard (Kamino) is 1.62x cheaper than Drift and 8.99x cheaper than Flash Trade.

The blue lines are Asgard (Kamino) & Asgard (Marginfi), see how less volatile these are.

Recommended links:

  1. Asgard's fee comparator: https://perp-fee-comparison-dashboard.streamlit.app/

  2. "Leverage Trading by Lending Platforms" - paper by University of Edinburgh & University College London.

200+ trading pairs to choose from:

Asgard is composable by design.

It can offer a trading pair on any chain as long as there is a spot and a lending market for that. You will be able to choose from 3 lending protocols and access more than 200+ trading pairs.

We are really bullish on getting traders to margin trade on SOL/ETH and SOL/BTC, something that is impossible for any perp DEX to do so on Solana.

Find the best way to take spot margin to long/short memecoins

Currently spot leverage exists across 8 different protocols and 12 different interfaces. Asgard aggregates them all and provides you 1 single venue.

Asgard's Smart Order Routing figures out the best platform to route your leverage through

Lever up on LST's & LRT's yields:

Farm Stablecoin Interest Rate differentials:

Hedge your high FDV/low supply token

especially if the unlock is coming soon.

Team is proud Mad Lad holders which got airdropped $W that is vesting. It had a big supply unlock incoming which we wanted to hedge. Asgard's interface makes the process of opening and managing a hedged position super convenient.

Similarly, a customer's desire to use Asgard to hedge his vested $CLOUD:

Farm delta neutral strategies with leverage:

Use vaults created by devs/Asgard where they turn JLP/FLP yields into stablecoin farms by hedging BTC/SOL/ETH exposure.

Farm rewards and points while trading

By design, almost all rewards, incentives or points offered by the underlying lending markets will be accrued by borrowers on Asgard.

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