WELCOME
Go up to 100x long or short
Use BracketX to get up to 100x long or short leverage on top digital assets in a few simple clicks. Select the asset, click a bracket, buy.
BracketX makes leverage easy
Leverage in a few clicks
Get leverage exposure on top assets with a few clicks. No fumbling with multiple products or positions and no need for margin accounts
Claim at any time if your bracket is in range
Claim at any time within your term. BracketX will auto-claim for you at the end of the term if you are in the money
To buy a bracket, just pay what you want to invest
To purchase a bracket, just select the asset, one of the available brackets, and enter the amount you'd like to invest up to the max
Advantages
Leverage in DeFi is challenging to set up. BracketX makes leverage as easy as a few clicks.
- Buy leverage on a cryptocurrency like BTC without margin
- Never get closed out of a position early due to a lopsided markets
- Payouts are made in USDC, simply come back to BracketX using the same wallet and claim
Get leverage using BracketX
Fund brackets, collect premiums
Fund brackets to collect premium
Funders can write offers for available brackets. As a funder, select the starting percentage of the bracket range. You can meet, beat, or enter a custom value. USDC will be used as collateral and locked in only when the bracket is purchased.
BracketX uses a new protocol called a bracket
Bracket delivers leverage within a range of an asset's spot price
You can buy a bracket on any supported cryptocurrency. Your bracket will have a max leverage and a price range in which you can claim a payoff. Your payoff increases linearly until it hits the max price or above (max leverage payoff). You can claim if you are in-the-money and you can only claim once so make it count! Just go back into the app and claim within your "My Brackets" page.
Watch a brief tutorial on using BracketX
Check out the video below to get up to speed, fast
BracketX uses the
Bracket Protocol
Brackets provide a simplified experience for leverage in DeFi
Payoff
A Bracket’s payoff amount is based on a the price range of an underlying crypto currency
When the cryptocurrency’s price increases or drops to within the bracket’s price range, the bracket’s payoff is claimable.
The amount of the payoff grows linearly from $0 until the maximum payoff is achieved at the end of the bracket range
Claims
A Bracket’s payoff amount is based on a the price range of an underlying crypto currency
When the cryptocurrency’s price increases or drops to within the bracket’s price range, the bracket’s payoff is claimable.
The amount of the payoff grows linearly from $0 until the maximum payoff is achieved at the end of the bracket range
Let's check out an example
Below we illustrate purchasing $500 of a 10x BTC bracket when BTC's spot price is $30,000
The bracket is in-the-money after BTC's spot price rises to greater than $36,000 and achieves the maximum claim at $39,000 or greater, a return of $5,000, which is 10x the initial investment of $500. Beneath $36,000 the bracket is worthless. The maximum that can be bought in one transaction at that bracket range is $981.90, and $10,053.13 through multiple buys. More BTC 10x brackets will be available at further out of the money.
Take your position
Using leverage in DeFi should be easy. Get started with BracketX today.
