1024EX overview

1024EX is a derivatives exchange built around two venues — perpetual contracts and options — on one USDC balance, plus an event market for outcomes that are not price paths.

The asset list is deliberately wide: crypto majors and alts, US equities, ETFs and commodities are all listed as USDC-settled contracts. Trading NVDA exposure, BTC exposure and an oil view happens in the same account, with the same collateral and the same order types.

The two core venues

Perpetual contracts — 218 markets, leverage up to 100x on BTC and 20x on most markets, no expiry. Positions pay or receive funding every 8 hours. Risk is margined and liquidatable, and mark price — not the last trade — drives PnL and liquidation.

Options — around 24,000 cash-settled contracts across 106 underlyings, on weekly and monthly expiries. A buyer's maximum loss is the premium; a writer posts the full maximum payout as collateral, so no options position can be liquidated or margin-called. Payouts are capped, which the exchange states on every contract.

Because every options underlying is also a perp market, both venues can be combined in one account: cap a leveraged position's downside with a put, carry a catalyst as an option instead of through a liquidation price, or write a collateralized option against exposure you already hold.

1024EX Predict covers the third case — a discrete real-world outcome, priced as a probability and resolved against stated criteria.

How trading works here

• One balance. USDC margins perps, collateralizes written options and funds event positions. No internal transfers, no per-venue accounts.
• One risk discipline. Liquidations and triggers reference mark and index prices. A thin book cannot be used to force someone out.
• Exchange-run order logic. Take-profit, stop-loss, TWAP, VWAP, POV, iceberg, scale, pegged, OCO, bracket, trailing stop and sniper orders are executed server-side and keep running when your client is offline.
• The same API behind everything. The web app and any bot you write use the same endpoints and the same credential. See the API section.

Building on it

The API is the direct route: HMAC-signed REST for trading and WebSocket for streaming, documented endpoint by endpoint. The web app runs on the same endpoints, so anything you can do by hand can be automated.

Getting started

1. Sign in
2. Deposit USDC
3. Read Perpetual contracts or Options, depending on which risk shape you want
4. Understand Margin, liquidation and ADL before using leverage

The rest of the ecosystem — 1024Chain, 1024Bridge, 1024Wallet, 1024Oracle — is covered in Product stack.