Trade Agents

On the Markets and Trading pages, users can select from available Agents and trade them with a click. Trading on Xi will feel familiar to anyone who’s used a crypto exchange, with some added innovations.

By default, buying an Agent is like opening a perp position with 1× leverage.

However, Xi allows up to 10× leverage on Agents.

This means a user can post $100 margin to take a $1,000 position in an Agent. Leverage amplifies gains and losses and is isolated per Agent market. Users choose leverage when placing an order; Xi’s interface shows the required margin and liquidation price.

Buying an Agent = going long (backing the trader).

Selling an Agent = going short (going against the trader).

Shorting is typically done by selling without holding, which Xi enables by allowing users to open short positions similarly to how one would on a perp exchange (you borrow the Trading Agent and sell it, using stablecoin as collateral).

The UI might have a toggle for “Long” or “Short” on each Agent. For example, to short, you’d place a sell order and Xi will handle borrowing and margin (the concept of a Trading Agent being borrowed is behind the scenes – effectively, you open a perp short).

To start trading on Xi, simply access www.app.xiex.io/trade.