Settlement
Settlement Process for Profit Swap Contracts on Superp
After purchasing a Profit Swap contract, users can either:
Wait for Automatic Settlement: The contract will automatically settle when it expires.
Manually Settle Before Expiry: Users can choose to settle early at a time they deem favorable.
Settlement Calculation
The settlement amount is calculated based on the entry price, settlement price, trade direction, and quantity using the following formula:
Settlement Amount = (Settlement Price - Entry Price) × Direction × Quantity
Where:
Direction:
Call = 1
Put = -1
Settlement Fee: Currently waived for a limited time, meaning the entire settlement amount translates into user profits.
Example:
If a user buys a call contract for 10 units of an asset with an entry price of $1,000 and a settlement price of $1,050:
Settlement Amount = ($1,050 - $1,000) × 1 × 10 = $500
After deducting the settlement fee (if applicable), the remaining amount is credited to the user's account as the profit from the trade.
Key Notes:
Settlement fees are subject to change, and any updates will be announced on the platform.
Users should monitor market conditions to decide between early manual settlement or automatic expiration.
Last updated