Every new QFEX listing comes with liquidation protection on your first trade.

Start trading
New asset. First 24h. First trade protected.

Liquidationprotection

Listing went live
Protection window closes in
First trade covered100% up to $5,000
100%
of the liquidation loss, covered
$5,000
maximum per user
24h
from the moment it lists
10x
maximum leverage
1 trade
your first on the asset
Isolated
margin only

The first 24 hours
of a new listing.

New listing, first 24 hours

Isolated margin
Liquidated
Price since listing Your entry Liquidation level

Your first trade

Max 10x
$250$9,000
2x10x
Covered by QFEX

$2,500

Your entire liquidation loss, credited back.

Position size$25,000
Liquidation move−10.0%
Loss at liquidation$2,500
Not covered$0

Simulated price path, not live data. Protection triggers on liquidation only, and covers 100% of the eligible liquidation loss up to $5,000 per user.

How it works

01

The asset lists

Protection opens with the market. The trade must be opened within the first 24 hours after listing.

02

Open your first trade

Protection applies to your first trade only. Isolated margin, max 10x, one direction per asset, no hedging.

03

The position liquidates

The position must be liquidated for protection to trigger. Close it yourself and there is nothing to cover.

04

The loss comes back

Eligible liquidation loss covered 100%, up to $5,000 per user. For verified X users.

Risk controls

01

One pool per listing

Each listing has its own aggregate protection pool, so total exposure is capped.

02

Sized to the asset

The pool and the per-user cap are set against the volatility and liquidity profile of each asset.

03

Pool exhausted, protection ends

Once the pool for a listing is used up, protection on that listing stops.

Before you ask.

Your first trade on the newly listed asset, opened within the first 24 hours after listing, on isolated margin, at 10x or less. One direction per asset, no hedging.

Liquidation. The position has to be liquidated for protection to trigger. A position you close yourself, in profit or at a loss, is not covered.

100% of the eligible liquidation loss, up to $5,000 per user. A $3,000 liquidation comes back whole. A $12,000 liquidation returns $5,000.

Verified X users. Link your X account to QFEX and clear verification once, then every new listing is covered from the moment it goes live.

No. Isolated margin only, and one direction per asset. A hedged book on the same asset is outside the program.

Each listing carries its own aggregate protection pool. Once that pool is exhausted, protection on that listing ends, even inside the 24 hour window.

Yes. Every new QFEX listing opens with liquidation protection on your first trade. The pool and the per-user cap are set per asset.

New asset. First 24h.
First trade protected.