Navigating Sui: DEXs - Bluefin

What is Bluefin?

Bluefin is a decentralized perps and spot trading platform, powered by Sui. Since its launch, the exchange has processed $60B in trading volume, making it the leading protocol on Sui by trading volume. Bluefin’s north star is to become the most powerful on-chain trading venue. Bluefin is backed by Polychain, SIG, Brevan Howard, Tower Research, and other leading firms. Here’s more on the team and founders’ story, and here are the key investors 

Visit Bluefin here.

How to trade on Bluefin

  1. Connect OKX Wallet: Click “Connect Wallet” on the Bluefin interface, select “OKX Wallet,” and approve the connection. Download OKX Wallet here.

  2. Make a Trade: Choose the tokens you would like to swap by selecting the token in either “Buy” or “Sell” asset and enter the amount. Simply click “Swap” and confirm transactions to execute your trade.

  3. (Optional) Place limit orders: If you would like to place a buy or sell order of a token at a certain price, simply navigate to the “Limit” tab next to “Swap”. Enter the amount of the token you would like to trade and the price you would like to trade it at. Click “Place Order” and confirm transactions to confirm. 

How to trade perpetuals on Bluefin

In order to use the Perps feature, you must first confirm that you are not based in the US or other restricted territory. To do this, simply click ‘complete your onboarding’, accept and sign the relevant transaction.

Once signed, you will be prompted to turn on one-click trading. This will require an onchain transaction (you will just pay the gas fee). 

  1. Connect OKX Wallet: Click “Connect Wallet” on the Bluefin interface, select “OKX Wallet,” and approve the connection. Download OKX Wallet here.

  2. Deposit wUSDC: To use the Perps feature you will also need to deposit wUSDC. To do this, go to the “Deposit” drop down menu in the top right, and then click “Deposit”. If you do not have any wUSDC, you can convert any token to it in the “Swap” tab. For more information you can follow the steps above.

  3. Make a Trade: Once you have deposited the wUSDC, the Perps feature works similar to the Swap feature. The key difference is that here you will be trading with leverage, and that the tokens that are traded will be visible within your ‘Positions’ in Bluefin, and not in your wallet. To change your leverage amount just click on the ‘10.0x’ to the left of ‘Limit’.

Aviso legal
Este contenido se proporciona únicamente con fines informativos y puede incluir productos que no están disponibles en tu región. No tiene la intención de brindar: (i) asesoramiento o recomendaciones de inversión, (ii) ofertas o solicitudes de compra, venta o holding de criptos o activos digitales, (iii) asesoramiento financiero, contable, legal o fiscal. El holding de criptos o activos digitales, incluidas las stablecoins y los NFT, implica un riesgo alto y puede fluctuar considerablemente. Te recomendamos que analices si el trading o el holding de criptos o activos digitales es adecuado para ti en función de tu situación financiera. Consulta con un asesor legal, fiscal o de inversiones si tienes dudas sobre tu situación en particular. La información que aparece en esta publicación (incluidos los datos de mercado y la información estadística, si la hubiera) solo tiene fines informativos generales. Algunos contenidos pueden ser generados o ayudados por herramientas de inteligencia artificial (IA). Si bien se tomaron todas las precauciones necesarias al preparar estos datos y gráficos, no aceptamos ninguna responsabilidad por los errores de hecho u omisiones expresados en este documento. OKX Exchange no ofrece la OKX Web3 Wallet ni sus servicios complementarios, y están sujetos a los Términos de servicio del ecosistema Web3 de OKX.