- Announcements
- Updates
- Parchment is live
Parchment is live
Parchment, a new trading app on Sui, is now live.
- 1000x leverage on BTC, ETH and SOL, and on US stocks: NVDA, TSLA, GOOGL and SPCX. SUI goes up to 500x.
- Losses and liquidations earn rewards. Losing trades, including liquidations, earn PARCHMENT tokens. Stake them for a share of Parchment's fees, paid in USDC.
- Priced by Aftermath. Every market is priced by Aftermath's Oracle Aggregator, which includes Pyth.
- Trading as a game. Closing trades earns XP. Level up, open crates, finish quests and climb the daily, weekly and season leaderboards. Season 1 is live now and runs for 90 days.
Parchment is run by its own team. At 1000x, a price move of less than 0.1% can wipe out your whole margin. Only trade what you can afford to lose.