> For the complete documentation index, see [llms.txt](https://corndex.gitbook.io/corndex-1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://corndex.gitbook.io/corndex-1/readme.md).

# Welcome to CORNDEX

Introduction

Corndex is a high-performance decentralized exchange (DEX) designed specifically for traders and investors. It aims to provide users with on-chain trading tools that combine the security and transparency of DeFi with a professional-grade experience. By integrating spot trading, perpetual contracts, yield vaults, and community incentives, Corndex offers a seamless all-in-one platform. It rivals centralized exchanges in speed and functionality while ensuring users retain complete control over their assets.

## **Core Trading Features**

### **Perpetual Contracts**

* Support multiple crypto assets with leverage of up to 50x.
* No expiration, flexible positions: Unlike traditional futures, perpetual contracts have no settlement date, allowing you to hold positions indefinitely.
* Long/Short and Isolated/Cross Margin: Go long or short with customizable risk management tools. Choose between isolated margin (risk limited to a specific position) or cross margin (using your entire balance as collateral).
* Advanced Risk Management:
  * Mark Price Mechanism: Uses a globally averaged mark price instead of the market price to avoid unnecessary liquidations.
  * Liquidation Protection: Real-time alerts and transparent liquidation prices help you proactively manage risks.
  * Funding Rate: Periodic payments between long and short traders ensure contract prices remain aligned with the spot market.

### **Spot Trading**

* Instantly swap assets with deep liquidity and minimal slippage.
* Low Fees & High Speed: Enjoy near-instant trading at fees well below major centralized exchanges.
* Broad Asset Support: Trade mainstream cryptocurrencies and emerging altcoins.
* Self-Custodial Wallets: Connect your existing wallet (e.g., CornWallet, MetaMask, WalletConnect) without mandatory deposits or lock-ups.