Bluefin
  • Bluefin Exchange
    • Introduction
    • Roadmap
    • Getting Started
      • Onboarding
      • Depositing & Set Up
      • Tutorials
      • Perpetual Swaps
    • Trading
      • Order Types
        • TP/SL Orders
      • Orderbook Design
      • Isolated Margining
      • PnL Calculation
      • Oracle and Index Price
      • Risk Engine
        • Liquidation Process
        • Insurance Fund
        • ADL
      • Funding
      • Trading Fees
      • Gas Fees
      • Contract Specs
    • Perps API Docs
    • Pre-Launch Markets
  • Bluefin Spot CLMM
    • Introduction
    • Getting Started
    • Protocol Features
      • Swap
        • Limit Orders
      • Liquidity Pools
    • BluefinX
    • Tutorials
      • Exploring the Pools
      • Adding Liquidity (Creating a Position)
      • Managing a Position and Claiming Fees/Rewards
      • Auto-Rebalancing
      • Swapping
      • Placing Limit Orders
      • Switching from Spot to Perps Account
    • Spot API Docs
    • FAQs
  • Lending on Bluefin
    • Introduction
    • Protocol Features
    • Tutorials
      • Supply and Borrow Assets
  • Bluefin Airdrop
    • Bluefin Airdrop Explained
    • Bluefin Foundation Statement
    • Claiming and Rewards Post-TGE
    • FAQs
  • Users
    • Rewards
      • Trading Rewards
      • Bluefin Vaults
      • Leagues
      • Sui Wallet on Mobile Giveaway
      • Sui Wallet Campaign
        • List of Winners
      • Walrus Campaigns
        • Walrus LP & Trading Competition
        • Walrus Trade & Earn Campaign
  • Other
    • BLUE Token
    • On-Ramping directly to Bluefin
    • Security
      • Code Audits
      • Spot Audits
    • Governance
      • Bluefin DAO
    • Bluefin Vanguard Ambassador Program
    • Terms of Use and Privacy Policy
      • Vulnerability Disclosure Policy
      • Wash Trading
      • Address Screening
      • Risk Information
    • FAQs
      • USD vs USDC
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On this page
  • Key Benefits of Bluefin's CLMM
  • Spot vs. Perps Account on Bluefin
  • Spot Trading
  • Perps Trading
  • Switching between Spot and Perps:
  1. Bluefin Spot CLMM

Introduction

PreviousPre-Launch MarketsNextGetting Started

Last updated 6 months ago

Welcome to Bluefin's Concentrated Liquidity Market Maker (CLMM)! A cutting-edge protocol designed to optimize capital efficiency, deepen liquidity, and provide a seamless trading experience. Whether you're a beginner or an experienced trader, Bluefin's CLMM offers powerful tools to enhance your decentralized trading strategies.

Key Benefits of Bluefin's CLMM

  • Enhanced Capital Efficiency: Concentrate your liquidity within specific price ranges, maximizing potential returns.

  • Reduced Slippage: Enjoy smoother trades with minimal price impact, influenced by the overall liquidity available on the platform.

  • Seamless Integration: Our CLMM integrates with Bluefin's derivatives platform, creating a unified trading ecosystem.

  • Rewarding Liquidity Mining: Earn BLUE, SUI and other potential rewards for contributing liquidity to our pools.

Spot vs. Perps Account on Bluefin

Bluefin offers two distinct trading options: Spot Trading and Derivatives (Perps) Trading. Understanding the differences will help you make informed decisions based on your strategy.

Spot Trading

  • Immediate Settlement: Spot trades are settled instantly on-chain.

  • CLMM Liquidity Pools: Trade token pairs using concentrated liquidity pools for improved efficiency and reduced slippage.

  • Wallet-Based Trading: Spot trading is directly tied to your connected wallet, allowing for seamless trading and liquidity provisioning without separate deposits.

Perps Trading

  • Leveraged Positions: Trade with up to 20x leverage, amplifying potential gains (and losses).

  • Wormhole USDC Only: Currently, derivatives trading supports only Wormhole USDC as collateral. Native USDC integration is in progress.

  • Separate Account: Derivatives trading requires separate deposits into your derivatives account, independent from your wallet balance used for spot trades.

Switching between Spot and Perps:

  1. Use the toggle switch at the top of the interface.

  2. Click to switch between "Spot" and "Perps" modes.

  3. Note that balances and positions are separate for each mode.

You can view a complete tutorial on switching between accounts

here