FAQ

Can I be liquidated on Moorix?

Not in Defined-Risk mode: it has no liquidation price. Classic Mode keeps liquidations on, up to 50x, for those who prefer the old ways.

What is the most I can lose?

On a defined-risk position, the margin you posted. It is revealed the moment you enter.

So it's risk-free?

No. No liquidation does not mean no risk. Protection costs a higher carry: a risk premium streams from your margin while the position is open, and if the margin runs dry the position closes at mark and the margin is gone.

What happens when my margin runs out?

The position closes at mark. No penalty, no cascade, no one left holding the loss.

Who takes the other side of the risk?

The mUSDG vault. It is paid the risk premium as rent for holding your tail, and it runs delta-hedged, so it never bets against you.

Will my winning position ever be auto-deleveraged?

No. Moorix has no auto-deleveraging, ever.

Which chains can I deposit from?

Ethereum, Solana, Base, Arbitrum, BNB, Ink, X Layer, Hyperliquid, Plume, Aptos and Robinhood Chain. See Supported chains.

Can I use my stock tokens as margin?

Yes, on Robinhood Chain only: NVDA, TSLA, AAPL, HOOD, SPY and QQQ stock tokens, at a 70-80% haircut. See Stock tokens as margin.

Are markets open on weekends?

Moorix runs 24/7 markets, including equity perps, with a separate premium schedule for the hours when stock markets are closed. See 24/7 equity perps.

Where do protocol fees go?

100% of protocol fees go to buyback and burn: 50% of the $MORX bought is burned forever and 50% flows to stakers. See What lies beneath.

Is Moorix live? Is $MORX live?

Not yet. No contracts are deployed and $MORX has not been issued. Any address claiming to be Moorix before this site's Contract addresses page lists it is not Moorix.