Dumb Mode
Overview
Section titled “Overview”Dumb Mode on PancakeSwap Perpetuals offers a simplified trading experience, ideal for traders who prefer to trade on the minute-by-minute fluctuations of an underlying asset’s value. Dumb Mode simplifies trading by reducing the noise, allowing users to enter and exit short-term positions easily.
How It Works
Section titled “How It Works”Users are given a selection of 5-minute, 15-minute, 30-minute and 1-hour expiration windows with different return-on-investment ratios. Users can choose to long or short an underlying asset.
At the end of the expiration period, if the underlying asset is in a winning position (price greater than open price for long, price lower than open price for short), users will stand to profit.
Each expiration period has a different return-on-investment (ROI). The longer the expiration period, the higher the ROI. Percentages and fees are as follows:
| Expiration Period | Winning ROI (Net of fees)* | Losing ROI | Fees (on Winning) |
|---|---|---|---|
| 5 minutes | 50% | -100% | 6% on collateral |
| 15 minutes | 55% | -100% | 6% on collateral |
| 30 minutes | 70% | -100% | 6% on collateral |
| 1 hour | 83% | -100% | 6% on collateral |
*Winning ROI may be adjusted occasionally depending on market conditions. Please check this page for any updates
For example, in the following scenario:
- Position Selected: Long
- Collateral Placed: 100 USDT
- Expiration Period: 60 seconds
- BTCUSD price at open: $50,000
- BTCUSD price after 60s: $50,001
User will profit 100USDT * 75%= 75USDT
For more information on how to open a Dumb Mode position, click here.
Markets and Margin Assets
Section titled “Markets and Margin Assets”Dumb Mode supports trading in the following markets and margin assets on BNB Chain:
| Market | Margin Assets |
BTCUSD ETHUSD CAKEUSD BNBUSD SOLUSD | USDC USDT CAKE ETH BTC HAY |
Dumb Mode supports trading in the following markets and margin assets on Arbitrum, opBNB and Base Chains:
| Market | Margin Assets |
BTCUSD ETHUSD | USDC USDT ETH BTC |
Support for more assets/chains is in development.
A fee of 6% of the principal or collateral is charged in case of a winning trade. This is already calculated before ROI.