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Trade inTrade in web app

EN




TRADE EVERYTHING

TRADE EVERY- THING

Decentralized exchange that allows you to trade Crypto, Stock, Forex and
Commodities, with leverage, both in Web App and Telegram.

Trade in telegram

Trade
in web app

 * 
 * 
 * 

TonTON

$ 2.17

0.08 (3.74%)

Volume:$ 4 883 818

Trade in webTrade in telegram

BitcoinBTC

$ 27 014

128.14 (0.48%)

Volume:$ 1 194 951

Trade in webTrade in telegram

EthereumETH

$ 1 676

3.02 (0.18%)

Volume:$ 38 429

Trade in webTrade in telegram

EuroEUR

$ 1.06

Coming soon

TeslaTSLA

$ 220.46

Coming soon

DogeDOGE

$ 0.06

Coming soon

XAUXAU

$ 2 205

Coming soon

XRPXRP

$ 0.52

Coming soon

AtomATOM

$ 7.25

Coming soon

Trade
in web app

Show all assets

Trade in telegram

0 $

Volume 24h

NaN

When trading becomes

your companion

First Perpetual DEX in your Telegram

Trade without leaving the popular Telegram messenger!

Gamification

Earn NFT, use avatars, enjoy trading tournaments, rewards and prizes. Turn
trading into a game!

Trade everything

Do not limit yourself to crypto. Expand you portfolio with Real-World-Assets!

First Perpetual DEX in your Telegram

Trade without leaving the popular Telegram messenger!

Gamification

Earn NFT, use avatars, enjoy trading tournaments, rewards and prizes. Turn
trading into a game!

Trade everything

Do not limit yourself to crypto. Expand you portfolio with Real-World-Assets!

Isolated Margin

Never lose more then you can afford to lose!

Be in control

Receive instant updates about price changes and market conditions. Never miss
you opportunity again!

Keep your assets safe

No deposits! Your funds are always yours - in @wallet bot, or in non-custodial
wallet

Isolated Margin

Never lose more then you can afford to lose!

Be in control

Receive instant updates about price changes and market conditions. Never miss
you opportunity again!

Keep your assets safe

No deposits! Your funds are always yours - in @wallet bot, or in non-custodial
wallet

Isolated Margin

Never lose more then you can afford to lose!

Be in control

Receive instant updates about price changes and market conditions. Never miss
you opportunity again!

Keep your assets safe

No deposits! Your funds are always yours - in @wallet bot, or in non-custodial
wallet

First Perpetual DEX in your Telegram

Trade without leaving the popular Telegram messenger!

Gamification

Earn NFT, use avatars, enjoy trading tournaments, rewards and prizes. Turn
trading into a game!

Trade everything

Do not limit yourself to crypto. Expand you portfolio with Real-World-Assets!

Join Telegram to…

Trade from Telegram

In just 1 click - your position has been opened!

Use any wallet

Connect @wallet or use Tonkeeper - you decide!

Trade everything

@StormTradeBot is running trade Real World Assets margined by USDT



TRADE IN TELEGRAM

Trade or provide liquidity to earn tokens as early bird. 100% fees cashback

No inflation. Invest with confidence

Become co-owner of exchange. 30% of fees goes to token stakers



LIQUIDITY PROVISION

APY 10.4%

Provide liquidity in USDT and earn XP in addition to USDT staking rewards.
Exchange XP to STORM tokens after token launch!

Learn moreGO STAKE

STAKING

Provide liquidity in USDT and get Storm tokens! Earn XP before the token launch
and exchange them to Storm tokens when it’s launched!



Referral

Get 10% of your friends’ income by sharing the link!

Share my link

Wanna get more? Are you an influencer and want to spread the word about Storm?
Contact us and get up to 50% !

contact us

Blog

see more

AMA Storm & Tonstarer 09/27/23 | text


SHORT PRESENTATION OF STORM TRADE ⚡️














QUESTIONS AND ANSWERS ❓


QUESTIONS FROM TONSTARTER

Q1: What is trading and how to get into this craft? And what are the basics of
trading skills?

A: Trading is about profiting from asset price fluctuations like
cryptocurrencies. Start by blending theory and practice with technical or
fundamental analysis, learning from books and courses. Basics involve buying,
selling, setting entry/exit points, and risk management. Analyze charts,
identify trends, and practice discipline and learning. Advanced techniques
include short selling, leverage, and various strategies, but they carry higher
risks. To manage risks, diversify, set stop-loss orders, size positions wisely,
stay informed, and keep a trading journal.

Q2: What is your product's vision?

A: Storm Trade distinguishes itself from other platforms in the Ton ecosystem by
offering spot exchanges exclusively for tokens within Ton's ecosystem. However,
it lacks the ability to trade well-known assets like Bitcoin, Ethereum, and
others with low slippage and leverage. Storm Trade is being developed to address
this gap, providing an exchange for trading derivatives on liquid assets with
leverage and the option to open short positions, catering to a broader range of
assets compared to what's currently available in the Storm ecosystem.

Q3: How can I profit on Storm Trade without actively trading, like how will the
storm token help me with it?

A: There are several ways to profit without active trading on Storm Trade.

1- Market Making: You can become a market maker by providing liquidity to the
Storm exchange, particularly by supplying assets like JUSDT (a stablecoin on
Storm). This approach allows you to earn an annual percentage yield (APY)
ranging from 10% to 20% with a relatively low-risk profile.

2- Referral Program: If you have a community or network, you can share a
referral link generated in the Storm user interface. By doing so, you'll earn a
portion of the fees your referrals generate while providing them with fee
discounts—a mutually beneficial arrangement.

3- Investing in Storm: By investing in the Storm blockchain, you not only
speculate on the token's price but can also stake Storm tokens to receive a
share of exchange trading fees. This utility ensures that Storm tokens offer
more than just speculative value and contribute to the platform's functionality.

Q4: What uh attract you to tom blockchain to develop your product here and how
do you see the future development of trading platforms in telegram mini apps?

A: The Ton blockchain offers a unique opportunity to onboard web 2 users to web
3 through its deep integration with Telegram. While other blockchains may have
strong technical performance, they often pose high onboarding barriers. Ton
combines technical capabilities for high-performance, automatically sharded
blockchains with the potential to attract millions of users due to its Telegram
integration. This is why we've chosen Ton as our platform. Regarding Telegram
Mini Apps, it aligns with the trend towards super apps, where users prefer a
single application for their daily needs. Telegram allows for decentralized mini
apps integrated with built-in wallets, enabling a simple and user-friendly
approach to using various services within a single app, reducing the need for
multiple centralized applications.

Q5: What are your project's goals for the upcoming quarters, possibly in the
next few months or half a year?

A: Our project will roll out step by step. Initially, we aim to release the beta
version with limited assets and parameters to ensure smooth operation on the
mainnet. Then, we'll expand liquidity and user participation from the Ton
community. Our next significant milestone is facilitating user onboarding for
those not already on Ton, working closely with wallet developers to enable easy
stablecoin purchases and one-click trading. Additionally, we plan to release
Genesis NFTs that grant participation in exchange governance. These NFTs allow
users to execute orders and maintain decentralized protocol integrity. Finally,
we'll have a token generation event, distributing rewards and utilities tied to
significant project milestones and upcoming functions.

Q6: What advice do you have for beginner traders, especially in leverage
trading? What are the risks, and how can they be minimized?

A: For novice traders, the most critical advice is to master risk management.
Learn and follow rules like not risking more than five percent of your total
deposit in a single trade. Stick to these rules diligently, never invest more
than you can afford to lose, and always remember to take profits. Avoid the
temptation to keep pushing for more gains, which can lead to significant losses
or liquidation. Stick to risk management, and you'll be on the right track.


QUESTIONS FROM COMMENTS AND LISTENERS

Q1: Are there any plans for collaborations with other projects? If so, which
ones?

A: Collaboration is at the heart of the crypto ecosystem. We are actively
working with the Pyth Network, an oracle data provider. Additionally, we have
collaborations in the pipeline with various projects within the Ton system,
including wallet providers, on-ramp/off-ramp services, and more. Expect numerous
collaborations in the near future.

Q2: Does Storm also offer futures trading or just derivatives?

A: Storm offers perpetual futures trading, which falls under the category of
derivatives. It's important to note that all futures are derivatives, but not
all derivatives are futures.

Q3: Will you be adding a spot exchange to Storm Trade?

A: Not yet. Adding a spot exchange would require significant protocol
enhancements at the core level and a substantial amount of liquidity in the form
of other tokens, such as Bitcoin, Ethereum, and more. Currently, there isn't a
substantial liquidity pool for these tokens within Ton. Our immediate focus is
on other derivatives, possibly including options, in the near future.

Q4: How do you ensure transparency in your trading platform operations?

A: Our trading platform operates on a decentralized blockchain, where all
transactions are recorded on-chain. This transparency allows anyone to verify
trades, access price data, and track all executed orders. Blockchain explorers
can be used to monitor fund movements, check the current state of the network,
and ensure transparency and traceability. Everything is on-chain and accessible
to those with sufficient technical knowledge.

Q5: What impact might the development of Storm Trade and similar protocols, like
Eva, have on the Tone ecosystem?

A: The primary impact on the Ton ecosystem is the creation of applications that
serve specific use cases for end-users. This entails attracting more liquidity
and users to the Tone ecosystem who not only speculate on Ton's price but also
use it to pay fees and access various products. Ultimately, this expansion
should increase the user base, enhance Ton's recognition, and contribute to the
ecosystem's growth, which is our primary goal in developing projects on Ton.

Q6: Where do you source your oracle prices from, and why did you choose that
source?

A: We obtain our oracle prices from the Pyth Network, a recognized data source
for real-time trading applications. Pyth Network is well-suited for derivatives
trading because it offers real-time data, covers a wide range of asset types
(crypto, commodities, forex, and equities), and operates in a decentralized
manner. It aggregates data using a volume-weighted average from the top
exchanges by volume for each asset, ensuring fairer pricing and reducing the
risk of unwanted liquidations for traders. Our choice of Pyth Network as our
oracle price source aligns with these valuable features for traders.

Q7: Will the platform require paid subscriptions, or will it be free to use?

A: The platform does not require any paid subscriptions to use. Users only need
to pay trading fees, which is a standard practice in trading platforms. However,
holding Storm tokens can provide additional benefits, such as fee discounts,
which can be considered a form of subscription for frequent traders. But there
is no mandatory subscription fee to trade on Storm.

Q8: Are there any future plans to launch Storm on other blockchain networks?

A: Currently, there are no plans to launch Storm on other blockchain networks.
The unique programming language and model of the Ton chain make porting Storm to
other chains challenging, and there are limited TVM (Tone Virtual Machine)
chains available.

Q9: Is the Storm token going to be a rough token or what? Like you can provide
liquidity on any pair and create any pair and trade on it into that blockchain?

A: You can trade different pairs by adding liquidity, but it depends on having
enough liquidity for the pair you want to trade.

Q10: Why does Storm prefer futures trading over the spot market?

A: Storm prefers futures trading because it offers more options, including
better slippage, leverage, and the ability to take short positions. For traders
primarily interested in price movements rather than using tokens for their
utility, futures trading is advantageous. It often has lower fees and better
liquidity compared to the spot market, making it a preferred choice for traders
looking to manage risk and optimize trading conditions.

Funding: how does it work?

Hi everyone, in this article we are going to look at what fundings are and how
they are calculated on Storm Trade.


FUNDING - WHAT IS IT?

If you have tried trading perpetual futures at least once, you have probably
come across the concept of funding. But what are these strange numbers, who is
funding who and why is funding paid hourly? So many questions and so few
answers. Let's get to the bottom of it.

From time to time the market is predictable for most traders, for example, a
long fall is followed by a rise, traders open a long position, place orders and
wait.

Due to this, there can be a big gap between the market price of an asset and its
price on the exchange. To minimize the deviation between the prices, Storm Trade
has implemented a funding system that encourages traders to open opposite
positions.

Funding (or funding rate) is an hourly payment between traders of opposite sides
of the market, used by exchanges to trade perpetual futures. It is generally
accepted that funding is paid hourly, but you may see longer or shorter time
intervals in some cases on other exchanges.


OPEN INTEREST

To dive into a detailed study of funding, we will need to learn another concept
- open interest.

Open interest is the sum of open positions in one direction. For example, in the
figure below, the Open Interest of Long positions is 149k, which takes into
account not only the collateral of the position, but also the leverage of all
open positions.



The maximum open interest is not infinite, it is limited by the liquidity
provided to the exchange by liquidity providers. But about it a little later. In
order not to have too strong gap between Index Price and Market Price, there is
a spread limit equal to 1.5%, which does not allow opening positions in the
popular direction when the price divergence is too strong.


WHO FUNDS WHOM?

All traders pay or receive funding depending on the open interest in the trading
pair in which their position is open:

 * If the perpetual futures price of an asset (Market Price) is higher than the
   price of the asset itself (Index Price), the funding is positive. In this
   case, the total open interest of long positions (long) exceeds the total open
   interest of short positions (short). Funding is paid by traders who opened
   long positions and is credited to traders who opened short positions.



 * If the price of perpetual futures of an asset (Market Price) is lower than
   the price of the asset itself (Index Price), the Funding is negative. In such
   a case, the Funding payment is charged from traders who opened short
   positions and credited to traders who opened long positions.




SYMMETRIC FUNDING MODEL ON STORM TRADE

We won't load you with scientific terms, but let's just say that there are
several types of funding. The most popular ones are symmetric and asymmetric.

Symmetrical model implies the same distribution of funds of the receiving and
paying parties, and asymmetrical model is vice versa.

Symmetric funding is used on all major exchanges for the exchange of perpetual
futures, including Storm Trade, making the delivery of liquidity and STORM
staking more favorable and balanced.

If the funding for the receiving party is the same as for the paying party,
"excess" funding is created.


LET'S LOOK AT AN EXAMPLE:

The open interest on the Long side is 100,000 USDT The open interest on the
Short side is 10,000 USDT.

Then the Long side pays a 0.01% funding fee. And the Short side receives 0.1%
for the asymmetric model and 0.01% for the symmetric model used on Storm Trade.


FUNDING PAYMENTS ON STORM TRADE

In the asymmetric version of fundings, traders with long positions pay fundings
of 100k * 0.01% = 10 USDT, while traders with short positions receive a payout
of the same 10 USDT, which is asymmetrically 10 times their open positions.

However, when using liquidity contributed by suppliers, in addition to traders
with short positions, there are also liquidity providers in opposition to long
traders, who will receive the difference from the asymmetry of funding. We
should not forget about future STORM token stakers, who also need additional
motivation for holding and staking tokens.

Thus, all excess funding generated by the difference in open interest will be
shared between liquidity providers and STORM token stakers in a 70:30 ratio.

In the symmetric funding model used on Storm Trade, short position traders
receive funding at the same rate that the opposite party (long) pays. That is,
according to our example, 1 USDT will be sent to short position traders and 9
USDT will be split between liquidity providers (70%) and STORM stakers (30%).

The liquidity providers provide a 90k open interest counter position with their
funds, receiving 9*0.7=6.3 USDT of funding per hour, and the STORM stakers will
receive the remaining 9-6.3=2.7 USDT per hour.


SYMMETRICAL FUNDING IS FAIRER?

When introducing symmetrical fundraising on Storm Trade, we considered several
sides at once. On the one hand, the receiving side earns fundings proportional
to the volume of positions. On the other hand, liquidity providers stand in
opposition to traders, also risking their deposited funds and receiving a fair
70% of excessive funding. On the third side of the funding triangle stand the
stakeholders of the STORM token, who are offered additional motivation to keep
the token in staking for as long as possible.

Thus, symmetric funding helps us to incentivize the provision of liquidity and
future token staking, and makes the user interface more understandable by
offering a single funding rate for long and short holders.

Still have questions? Feel free to ask them in our community 👇

Super-Chat | News | Twitter

More info about Storm Trade 👇

Articles | Roadmap | Documentation

Storm Testnet. How to enter the top 500 winners?

Hello everyone!

Testnet 2.0 called Early Birds by Storm Trade has officially started, which
means it's time to find out how to win some of the prize pool and why you should
definitely participate!

How to participate in testnet read here 👉 testnet guide


WHAT IS STORM TRADE?

Storm is a decentralized platform for trading futures on the TON network, the
feature of which is the availability of trading directly from Telegram
messenger. When trading virtual assets, a trader does not need to keep the
assets on his wallet at all, all he needs to do is to acquire a stablecoin and
connect his wallet.

Today Storm Trade is in the second stage of testing, which is named in honor of
the free petrel on the logo, Early Birds. While the participants of the first
test are automatically among the winners, for the second stage they will be the
top 500 of all testnet participants.

During the testnet 1.0 a huge amount of work was done, from fixing small bugs to
adding limit orders and liquidity store. Read more about how to become a Testnet
participant in our separate article.


HOW DOES TESTNET 2.0 TAKE PLACE?

In order to make it comfortable for users to report bugs and test the platform,
a special bot was created. It is part of the well-known t.me/community_bot, and
was developed specifically for Storm users.

👉 Link to the bot: t.me/community_bot/storm

By completing tasks in the bot, users gain experience points and move up the
leaderboard, earning themselves more chances to get the coveted reward. You can
view your place in the leaderboard by clicking on the number of points you have
earned.

The simplest tasks, such as joining the chat room, are rewarded with fewer
points, while rewards for top trades and finding important bugs receive more
experience points.

Rewards for trading are awarded once a week from Friday to Saturday, rewards for
testing and joining chat are awarded immediately, while rewards for creative
tasks must go through moderation and may or may not be approved.

Top traders are counted by realized PnL (Profit and Loss) during the week, i.e.
closed positions only.


HOW TO ENTER THE TOP 500 AND GET AN AWARD?


👾 REPORT BUGS

Any small bugs, typos, hangups, absolutely everything makes sense. Yes, you only
get 10 points per bash, but there's no limit to the number of bugs you can
report. And if you're proficient in smart contracts, you can get 100 points at
once for a bug you find.

Lifehack: if you want your bug to be noticed faster, send it to chat. Don't
forget to attach your wallet and the device you are using. Attach screenshots or
videos, they say admins love it. Send a link to your post from the chat to the
community bot and voila, you're on top!


✨ CREATE

A video, a tweet or a meme seems like the perfect assignments to showcase
yourself. That said, you don't need to be a super-trader to win rewards. Keep in
mind that all creative assignments are moderated, yes, there is more competition
and your work must be original, but the scores are high. Feel free to post your
works in the chat, let everyone admire them, not only moderators!


🫂 DON'T HAVE 100 DOLLARS, BUT HAVE 100 ~~TOKENS STORM~~ FRIENDS

Publish interesting posts about Storm tokens on Telegram or Twitter, share with
your friends and earn points. Keep in mind that you need to have at least 1000
followers of your channel or Twitter account (that is X).

Keep in mind that airdrop channels with more bots will likely be rejected. Real
people, likes and reposts are the measure of success.


🚀 TRADE

Trade, close trades with positive PnL, and take the most generous prizes! Once a
week, 435 points are being given away for traders only, and testing will
continue until September 29. 4 weeks to go!

The points giveaway will take place every Saturday. Be sure to close your
positions.


LIFEHACKS YOU SHOULD DEFINITELY NOT DO

🥸 Don't take other people's work, plagiarism of any kind won't win awards.
Spend time, make your own, but with a soul. Trust me, the admins will appreciate
it.

🙊 Don't spam the bot. Several identical messages will not help you to get the
award faster, but will take away the time to check your work from other
participants.

🗿 In some tasks, for example, a post on Telegram or Twitter, you are given only
one attempt. Don't waste it.

Well, here are all the secrets on how to get to the top and get rewards for
testing. Participate in other Storm Trade activities and subscribe to the news
channel to be the first to know about them!

Welcome to our community! 👇

Super-Chat | News | Twitter

More info about Storm Trade 👇

Articles | Roadmap | Documentation

Storm Early Birds & Airdrop

Hello everyone and welcome! ✨

You are the real lucky ones, because you are participating in the Early Birds
program, held in collaboration with Tonstarter and using the popular
t.me/Community_bot.


WHAT IS EARLY BIRDS? 🐣

Early Birds is testnet v2 or an early users program designed to introduce
participants to the Storm Trade through completing tasks in the community bot
and receiving rewards for participating!


REWARDS POOL 🎁

💰 30,000 eStorm = 30,000 Storm (3% of supply);

🏆 Top 500 winners;

🕒 Vesting time:

 * 0 days for eStorm;

 * 6 months for eStorm → Storm;

⭐️ Receiving rewards in eStorm on token launch day (TGE).

The prize pool will be distributed among the participants of the first version
of the testnet and among the top 500 of all completed tasks in the Community
bot.

All functions of the eStorm token are fully equivalent to those of the Storm
token within the Storm Trade protocol. This means that the eStorm token can also
be used in staking, receiving a portion of the commissions collected by the
protocol.


HOW TO GET STARTED 🚀

To join Early Birds, all you need to do is follow a few simple steps:

 * Subscribe to our X (yes, yes, that ex-Twitter)
   https://twitter.com/storm_trade_ton;

 * Retweet a tweet about the exciting launch of Early Birds;

 * Join our cozy Telegram nest https://t.me/storm_trade_fam;

 * Subscribe to our news feed to get all our news at lightning speed, in the
   language of your choice:
   
   * Russian https://t.me/storm_trade_news_ru
   
   * English https://t.me/storm_trade_news


HOW TO ENTER THE WINNERS LIST? 🥇

✅ Perform tasks in https://t.me/community_bot/storm;

🔝 Keep track of your place in the standings;

💎 Get into the top 500 of all program participants.




WHAT NEW FEATURES WERE ADDED DURING THE EARLY BIRDS PHASE? 🤖

 * Limit, Stop/Limit, Stop Loss/Take Profit orders;

 * Liquidity provision;

 * Partial liquidation (preserving collateral for as long as possible);

 * Integration with Ton Spaces;

 * Referral program;

 * Fixed all bugs found in Testnet version 1.


HOW DO I SWITCH TO TESTNET AND GET TEST TOKENS? ⚙️

1. Set up any wallet convenient for you to interact with the Storm platform:



2. Switch to testnet. For TonKeeper, go to settings → go down and tap the logo 5
times. After that, in the developer menu that opens, change the network to
testnet.



3. Get test USDT, using the Get testnet tokens (Faucet) feature on the website
or in TWA.



4. Get test TON by using Telegram bot @testgiver_ton_bot, solving captcha and
entering your wallet address.

Good luck to all participants, the storm is just beginning! ⚡️

Learn more about the future of Storm in our RoadMap:

https://t.me/storm_trade_news/19

Welcome to our community! 👇

Chat | News | Articles | Twitter

AMA Storm & Tonstarer 09/27/23 | text


SHORT PRESENTATION OF STORM TRADE ⚡️














QUESTIONS AND ANSWERS ❓


QUESTIONS FROM TONSTARTER

Q1: What is trading and how to get into this craft? And what are the basics of
trading skills?

A: Trading is about profiting from asset price fluctuations like
cryptocurrencies. Start by blending theory and practice with technical or
fundamental analysis, learning from books and courses. Basics involve buying,
selling, setting entry/exit points, and risk management. Analyze charts,
identify trends, and practice discipline and learning. Advanced techniques
include short selling, leverage, and various strategies, but they carry higher
risks. To manage risks, diversify, set stop-loss orders, size positions wisely,
stay informed, and keep a trading journal.

Q2: What is your product's vision?

A: Storm Trade distinguishes itself from other platforms in the Ton ecosystem by
offering spot exchanges exclusively for tokens within Ton's ecosystem. However,
it lacks the ability to trade well-known assets like Bitcoin, Ethereum, and
others with low slippage and leverage. Storm Trade is being developed to address
this gap, providing an exchange for trading derivatives on liquid assets with
leverage and the option to open short positions, catering to a broader range of
assets compared to what's currently available in the Storm ecosystem.

Q3: How can I profit on Storm Trade without actively trading, like how will the
storm token help me with it?

A: There are several ways to profit without active trading on Storm Trade.

1- Market Making: You can become a market maker by providing liquidity to the
Storm exchange, particularly by supplying assets like JUSDT (a stablecoin on
Storm). This approach allows you to earn an annual percentage yield (APY)
ranging from 10% to 20% with a relatively low-risk profile.

2- Referral Program: If you have a community or network, you can share a
referral link generated in the Storm user interface. By doing so, you'll earn a
portion of the fees your referrals generate while providing them with fee
discounts—a mutually beneficial arrangement.

3- Investing in Storm: By investing in the Storm blockchain, you not only
speculate on the token's price but can also stake Storm tokens to receive a
share of exchange trading fees. This utility ensures that Storm tokens offer
more than just speculative value and contribute to the platform's functionality.

Q4: What uh attract you to tom blockchain to develop your product here and how
do you see the future development of trading platforms in telegram mini apps?

A: The Ton blockchain offers a unique opportunity to onboard web 2 users to web
3 through its deep integration with Telegram. While other blockchains may have
strong technical performance, they often pose high onboarding barriers. Ton
combines technical capabilities for high-performance, automatically sharded
blockchains with the potential to attract millions of users due to its Telegram
integration. This is why we've chosen Ton as our platform. Regarding Telegram
Mini Apps, it aligns with the trend towards super apps, where users prefer a
single application for their daily needs. Telegram allows for decentralized mini
apps integrated with built-in wallets, enabling a simple and user-friendly
approach to using various services within a single app, reducing the need for
multiple centralized applications.

Q5: What are your project's goals for the upcoming quarters, possibly in the
next few months or half a year?

A: Our project will roll out step by step. Initially, we aim to release the beta
version with limited assets and parameters to ensure smooth operation on the
mainnet. Then, we'll expand liquidity and user participation from the Ton
community. Our next significant milestone is facilitating user onboarding for
those not already on Ton, working closely with wallet developers to enable easy
stablecoin purchases and one-click trading. Additionally, we plan to release
Genesis NFTs that grant participation in exchange governance. These NFTs allow
users to execute orders and maintain decentralized protocol integrity. Finally,
we'll have a token generation event, distributing rewards and utilities tied to
significant project milestones and upcoming functions.

Q6: What advice do you have for beginner traders, especially in leverage
trading? What are the risks, and how can they be minimized?

A: For novice traders, the most critical advice is to master risk management.
Learn and follow rules like not risking more than five percent of your total
deposit in a single trade. Stick to these rules diligently, never invest more
than you can afford to lose, and always remember to take profits. Avoid the
temptation to keep pushing for more gains, which can lead to significant losses
or liquidation. Stick to risk management, and you'll be on the right track.


QUESTIONS FROM COMMENTS AND LISTENERS

Q1: Are there any plans for collaborations with other projects? If so, which
ones?

A: Collaboration is at the heart of the crypto ecosystem. We are actively
working with the Pyth Network, an oracle data provider. Additionally, we have
collaborations in the pipeline with various projects within the Ton system,
including wallet providers, on-ramp/off-ramp services, and more. Expect numerous
collaborations in the near future.

Q2: Does Storm also offer futures trading or just derivatives?

A: Storm offers perpetual futures trading, which falls under the category of
derivatives. It's important to note that all futures are derivatives, but not
all derivatives are futures.

Q3: Will you be adding a spot exchange to Storm Trade?

A: Not yet. Adding a spot exchange would require significant protocol
enhancements at the core level and a substantial amount of liquidity in the form
of other tokens, such as Bitcoin, Ethereum, and more. Currently, there isn't a
substantial liquidity pool for these tokens within Ton. Our immediate focus is
on other derivatives, possibly including options, in the near future.

Q4: How do you ensure transparency in your trading platform operations?

A: Our trading platform operates on a decentralized blockchain, where all
transactions are recorded on-chain. This transparency allows anyone to verify
trades, access price data, and track all executed orders. Blockchain explorers
can be used to monitor fund movements, check the current state of the network,
and ensure transparency and traceability. Everything is on-chain and accessible
to those with sufficient technical knowledge.

Q5: What impact might the development of Storm Trade and similar protocols, like
Eva, have on the Tone ecosystem?

A: The primary impact on the Ton ecosystem is the creation of applications that
serve specific use cases for end-users. This entails attracting more liquidity
and users to the Tone ecosystem who not only speculate on Ton's price but also
use it to pay fees and access various products. Ultimately, this expansion
should increase the user base, enhance Ton's recognition, and contribute to the
ecosystem's growth, which is our primary goal in developing projects on Ton.

Q6: Where do you source your oracle prices from, and why did you choose that
source?

A: We obtain our oracle prices from the Pyth Network, a recognized data source
for real-time trading applications. Pyth Network is well-suited for derivatives
trading because it offers real-time data, covers a wide range of asset types
(crypto, commodities, forex, and equities), and operates in a decentralized
manner. It aggregates data using a volume-weighted average from the top
exchanges by volume for each asset, ensuring fairer pricing and reducing the
risk of unwanted liquidations for traders. Our choice of Pyth Network as our
oracle price source aligns with these valuable features for traders.

Q7: Will the platform require paid subscriptions, or will it be free to use?

A: The platform does not require any paid subscriptions to use. Users only need
to pay trading fees, which is a standard practice in trading platforms. However,
holding Storm tokens can provide additional benefits, such as fee discounts,
which can be considered a form of subscription for frequent traders. But there
is no mandatory subscription fee to trade on Storm.

Q8: Are there any future plans to launch Storm on other blockchain networks?

A: Currently, there are no plans to launch Storm on other blockchain networks.
The unique programming language and model of the Ton chain make porting Storm to
other chains challenging, and there are limited TVM (Tone Virtual Machine)
chains available.

Q9: Is the Storm token going to be a rough token or what? Like you can provide
liquidity on any pair and create any pair and trade on it into that blockchain?

A: You can trade different pairs by adding liquidity, but it depends on having
enough liquidity for the pair you want to trade.

Q10: Why does Storm prefer futures trading over the spot market?

A: Storm prefers futures trading because it offers more options, including
better slippage, leverage, and the ability to take short positions. For traders
primarily interested in price movements rather than using tokens for their
utility, futures trading is advantageous. It often has lower fees and better
liquidity compared to the spot market, making it a preferred choice for traders
looking to manage risk and optimize trading conditions.

Funding: how does it work?

Hi everyone, in this article we are going to look at what fundings are and how
they are calculated on Storm Trade.


FUNDING - WHAT IS IT?

If you have tried trading perpetual futures at least once, you have probably
come across the concept of funding. But what are these strange numbers, who is
funding who and why is funding paid hourly? So many questions and so few
answers. Let's get to the bottom of it.

From time to time the market is predictable for most traders, for example, a
long fall is followed by a rise, traders open a long position, place orders and
wait.

Due to this, there can be a big gap between the market price of an asset and its
price on the exchange. To minimize the deviation between the prices, Storm Trade
has implemented a funding system that encourages traders to open opposite
positions.

Funding (or funding rate) is an hourly payment between traders of opposite sides
of the market, used by exchanges to trade perpetual futures. It is generally
accepted that funding is paid hourly, but you may see longer or shorter time
intervals in some cases on other exchanges.


OPEN INTEREST

To dive into a detailed study of funding, we will need to learn another concept
- open interest.

Open interest is the sum of open positions in one direction. For example, in the
figure below, the Open Interest of Long positions is 149k, which takes into
account not only the collateral of the position, but also the leverage of all
open positions.



The maximum open interest is not infinite, it is limited by the liquidity
provided to the exchange by liquidity providers. But about it a little later. In
order not to have too strong gap between Index Price and Market Price, there is
a spread limit equal to 1.5%, which does not allow opening positions in the
popular direction when the price divergence is too strong.


WHO FUNDS WHOM?

All traders pay or receive funding depending on the open interest in the trading
pair in which their position is open:

 * If the perpetual futures price of an asset (Market Price) is higher than the
   price of the asset itself (Index Price), the funding is positive. In this
   case, the total open interest of long positions (long) exceeds the total open
   interest of short positions (short). Funding is paid by traders who opened
   long positions and is credited to traders who opened short positions.



 * If the price of perpetual futures of an asset (Market Price) is lower than
   the price of the asset itself (Index Price), the Funding is negative. In such
   a case, the Funding payment is charged from traders who opened short
   positions and credited to traders who opened long positions.




SYMMETRIC FUNDING MODEL ON STORM TRADE

We won't load you with scientific terms, but let's just say that there are
several types of funding. The most popular ones are symmetric and asymmetric.

Symmetrical model implies the same distribution of funds of the receiving and
paying parties, and asymmetrical model is vice versa.

Symmetric funding is used on all major exchanges for the exchange of perpetual
futures, including Storm Trade, making the delivery of liquidity and STORM
staking more favorable and balanced.

If the funding for the receiving party is the same as for the paying party,
"excess" funding is created.


LET'S LOOK AT AN EXAMPLE:

The open interest on the Long side is 100,000 USDT The open interest on the
Short side is 10,000 USDT.

Then the Long side pays a 0.01% funding fee. And the Short side receives 0.1%
for the asymmetric model and 0.01% for the symmetric model used on Storm Trade.


FUNDING PAYMENTS ON STORM TRADE

In the asymmetric version of fundings, traders with long positions pay fundings
of 100k * 0.01% = 10 USDT, while traders with short positions receive a payout
of the same 10 USDT, which is asymmetrically 10 times their open positions.

However, when using liquidity contributed by suppliers, in addition to traders
with short positions, there are also liquidity providers in opposition to long
traders, who will receive the difference from the asymmetry of funding. We
should not forget about future STORM token stakers, who also need additional
motivation for holding and staking tokens.

Thus, all excess funding generated by the difference in open interest will be
shared between liquidity providers and STORM token stakers in a 70:30 ratio.

In the symmetric funding model used on Storm Trade, short position traders
receive funding at the same rate that the opposite party (long) pays. That is,
according to our example, 1 USDT will be sent to short position traders and 9
USDT will be split between liquidity providers (70%) and STORM stakers (30%).

The liquidity providers provide a 90k open interest counter position with their
funds, receiving 9*0.7=6.3 USDT of funding per hour, and the STORM stakers will
receive the remaining 9-6.3=2.7 USDT per hour.


SYMMETRICAL FUNDING IS FAIRER?

When introducing symmetrical fundraising on Storm Trade, we considered several
sides at once. On the one hand, the receiving side earns fundings proportional
to the volume of positions. On the other hand, liquidity providers stand in
opposition to traders, also risking their deposited funds and receiving a fair
70% of excessive funding. On the third side of the funding triangle stand the
stakeholders of the STORM token, who are offered additional motivation to keep
the token in staking for as long as possible.

Thus, symmetric funding helps us to incentivize the provision of liquidity and
future token staking, and makes the user interface more understandable by
offering a single funding rate for long and short holders.

Still have questions? Feel free to ask them in our community 👇

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More info about Storm Trade 👇

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Storm Testnet. How to enter the top 500 winners?

Hello everyone!

Testnet 2.0 called Early Birds by Storm Trade has officially started, which
means it's time to find out how to win some of the prize pool and why you should
definitely participate!

How to participate in testnet read here 👉 testnet guide


WHAT IS STORM TRADE?

Storm is a decentralized platform for trading futures on the TON network, the
feature of which is the availability of trading directly from Telegram
messenger. When trading virtual assets, a trader does not need to keep the
assets on his wallet at all, all he needs to do is to acquire a stablecoin and
connect his wallet.

Today Storm Trade is in the second stage of testing, which is named in honor of
the free petrel on the logo, Early Birds. While the participants of the first
test are automatically among the winners, for the second stage they will be the
top 500 of all testnet participants.

During the testnet 1.0 a huge amount of work was done, from fixing small bugs to
adding limit orders and liquidity store. Read more about how to become a Testnet
participant in our separate article.


HOW DOES TESTNET 2.0 TAKE PLACE?

In order to make it comfortable for users to report bugs and test the platform,
a special bot was created. It is part of the well-known t.me/community_bot, and
was developed specifically for Storm users.

👉 Link to the bot: t.me/community_bot/storm

By completing tasks in the bot, users gain experience points and move up the
leaderboard, earning themselves more chances to get the coveted reward. You can
view your place in the leaderboard by clicking on the number of points you have
earned.

The simplest tasks, such as joining the chat room, are rewarded with fewer
points, while rewards for top trades and finding important bugs receive more
experience points.

Rewards for trading are awarded once a week from Friday to Saturday, rewards for
testing and joining chat are awarded immediately, while rewards for creative
tasks must go through moderation and may or may not be approved.

Top traders are counted by realized PnL (Profit and Loss) during the week, i.e.
closed positions only.


HOW TO ENTER THE TOP 500 AND GET AN AWARD?


👾 REPORT BUGS

Any small bugs, typos, hangups, absolutely everything makes sense. Yes, you only
get 10 points per bash, but there's no limit to the number of bugs you can
report. And if you're proficient in smart contracts, you can get 100 points at
once for a bug you find.

Lifehack: if you want your bug to be noticed faster, send it to chat. Don't
forget to attach your wallet and the device you are using. Attach screenshots or
videos, they say admins love it. Send a link to your post from the chat to the
community bot and voila, you're on top!


✨ CREATE

A video, a tweet or a meme seems like the perfect assignments to showcase
yourself. That said, you don't need to be a super-trader to win rewards. Keep in
mind that all creative assignments are moderated, yes, there is more competition
and your work must be original, but the scores are high. Feel free to post your
works in the chat, let everyone admire them, not only moderators!


🫂 DON'T HAVE 100 DOLLARS, BUT HAVE 100 ~~TOKENS STORM~~ FRIENDS

Publish interesting posts about Storm tokens on Telegram or Twitter, share with
your friends and earn points. Keep in mind that you need to have at least 1000
followers of your channel or Twitter account (that is X).

Keep in mind that airdrop channels with more bots will likely be rejected. Real
people, likes and reposts are the measure of success.


🚀 TRADE

Trade, close trades with positive PnL, and take the most generous prizes! Once a
week, 435 points are being given away for traders only, and testing will
continue until September 29. 4 weeks to go!

The points giveaway will take place every Saturday. Be sure to close your
positions.


LIFEHACKS YOU SHOULD DEFINITELY NOT DO

🥸 Don't take other people's work, plagiarism of any kind won't win awards.
Spend time, make your own, but with a soul. Trust me, the admins will appreciate
it.

🙊 Don't spam the bot. Several identical messages will not help you to get the
award faster, but will take away the time to check your work from other
participants.

🗿 In some tasks, for example, a post on Telegram or Twitter, you are given only
one attempt. Don't waste it.

Well, here are all the secrets on how to get to the top and get rewards for
testing. Participate in other Storm Trade activities and subscribe to the news
channel to be the first to know about them!

Welcome to our community! 👇

Super-Chat | News | Twitter

More info about Storm Trade 👇

Articles | Roadmap | Documentation

Storm Early Birds & Airdrop

Hello everyone and welcome! ✨

You are the real lucky ones, because you are participating in the Early Birds
program, held in collaboration with Tonstarter and using the popular
t.me/Community_bot.


WHAT IS EARLY BIRDS? 🐣

Early Birds is testnet v2 or an early users program designed to introduce
participants to the Storm Trade through completing tasks in the community bot
and receiving rewards for participating!


REWARDS POOL 🎁

💰 30,000 eStorm = 30,000 Storm (3% of supply);

🏆 Top 500 winners;

🕒 Vesting time:

 * 0 days for eStorm;

 * 6 months for eStorm → Storm;

⭐️ Receiving rewards in eStorm on token launch day (TGE).

The prize pool will be distributed among the participants of the first version
of the testnet and among the top 500 of all completed tasks in the Community
bot.

All functions of the eStorm token are fully equivalent to those of the Storm
token within the Storm Trade protocol. This means that the eStorm token can also
be used in staking, receiving a portion of the commissions collected by the
protocol.


HOW TO GET STARTED 🚀

To join Early Birds, all you need to do is follow a few simple steps:

 * Subscribe to our X (yes, yes, that ex-Twitter)
   https://twitter.com/storm_trade_ton;

 * Retweet a tweet about the exciting launch of Early Birds;

 * Join our cozy Telegram nest https://t.me/storm_trade_fam;

 * Subscribe to our news feed to get all our news at lightning speed, in the
   language of your choice:
   
   * Russian https://t.me/storm_trade_news_ru
   
   * English https://t.me/storm_trade_news


HOW TO ENTER THE WINNERS LIST? 🥇

✅ Perform tasks in https://t.me/community_bot/storm;

🔝 Keep track of your place in the standings;

💎 Get into the top 500 of all program participants.




WHAT NEW FEATURES WERE ADDED DURING THE EARLY BIRDS PHASE? 🤖

 * Limit, Stop/Limit, Stop Loss/Take Profit orders;

 * Liquidity provision;

 * Partial liquidation (preserving collateral for as long as possible);

 * Integration with Ton Spaces;

 * Referral program;

 * Fixed all bugs found in Testnet version 1.


HOW DO I SWITCH TO TESTNET AND GET TEST TOKENS? ⚙️

1. Set up any wallet convenient for you to interact with the Storm platform:



2. Switch to testnet. For TonKeeper, go to settings → go down and tap the logo 5
times. After that, in the developer menu that opens, change the network to
testnet.



3. Get test USDT, using the Get testnet tokens (Faucet) feature on the website
or in TWA.



4. Get test TON by using Telegram bot @testgiver_ton_bot, solving captcha and
entering your wallet address.

Good luck to all participants, the storm is just beginning! ⚡️

Learn more about the future of Storm in our RoadMap:

https://t.me/storm_trade_news/19

Welcome to our community! 👇

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