FAQs

What is Flash.Trade?

Flash is a decentralized spot and perpetuals exchange on Solana that lets you trade with up to 100x leverage, low fees, and minimal price impact. Its trading engine is powered by a unique multi-asset, pool-to-peer, oracle-based system; the first of its kind on Solana. Additionally, staking FAF token unlocks best in class fee discounts, higher yields for liquidity providers, increased referral rebates, and rewards for using the platform every 30 days.

How does Flash.Trade offer minimal price impact trades?

Flash Trade relies on dynamic pricing via Pyth oracles, aggregating prices from 20+ volume exchanges. By leveraging oracles, we adjust fees dynamically to always fill orders with the most optimal quote. The core pool-to-peer engine guarantees adequate margins and risk

For Liquidity Providers

Why should I provide liquidity on Flash.Trade?

Providing liquidity on Flash qualifies you to earn protocol fees generated by traders. 70% of Fees collected goes back to the LPs and for FAF stakers depending on the level users can get upto 21% additional yield.

Where does my yield come from?

As a liquidity provider, your yield comes from:

• fees generated by traders via swaps, borrows, and open positions

• liquidations

Do I need to stake FLP to earn Fees?

Yes! After staking, your FLP goes in Pending Staked FLP, which is automatically moved to Staked FLP in 24 hours.

When is the Fees Distributed to LPs?

At 8am UTC everyday!

What is difference between APR and APY?

APR shown on the UI is average of weekly yield while APY shown on hover is compounded one. They both update when fees is distributed at 8am UTC

About FAF Token

What is FAF?

FAF is the reward, utility and governance token of Flash Trade and unlocks massive perks for users of the platform. The majority of FAF supply (80%) were distributed to the early supporters after transitioning from The Flash Beast to FAF. You can read more about the Flash Beast and the role it played in early growth of Flash Trader from here

What can FAF be used for?

FAF can be staked to earn utility such as discount on trading fee, higher referral rebates and yield boost.

What are levels?

Levels are earned based on the amount of FAF you stake. The more FAF you stake the higher will be your Level and higher tier of utility

What are Voltage Points?

Voltage points are the points you earn for your activity on the platform directly or indirectly. The Voltage Points helps you get a higher rank at the end of each epoch and earn Rewards Multiplier

How to earn Voltage Points?

There are 3 ways to earn Voltage Points - Trading | LP'ing | Referring.

• 10$ of Cumulative trading -- 1 Voltage Point

• 1$ in earned fees as LP -- 50 VP

• 1$ in earned rebates from your referral link -- 250 VP