πŸ’ΉTrading RWA

Trading RWA

LeverUP supports perpetual trading on Real-World Assets (RWA), starting with MAG7 equities. To balance high-leverage day trading with the risk of holding positions across closed market sessions, LeverUP applies different rules to positions based on their leverage level.

Trading Hours

MAG7 equities follow standard US trading hours.

  • Monday to Friday 9:31 AM – 3:59 PM (Eastern Time, ET)

    Buffer time is introduced to ensure the submitted trades can go through successfully.

  • Weekends: Closed

  • Holidays: See official schedule: NYSE Market Hours & Holidaysarrow-up-right

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Notes

  • New positions can only be opened during market hours

  • The maximum leverage for RWA pairs is 100x

  • Existing positions held during off hours remain active and subject to funding rates to reflect the cost of holding the positions


Leverage Tiers

LeverUP classifies RWA positions by leverage level. Positions above the overnight cap can only be held during market hours; positions at or below the cap can be held across off-hours.

Position Type
Leverage
Holding Rule

Day Trade

> 10x (up to 100x)

Will be closed before market close Force-closed at market close if still open

Overnight Position

≀ 10x

Can be held across off-hours and weekends. Subject to funding rates


Market Close Force-Close

At market close, LeverUP automatically force-closes every RWA position with leverage greater than 10x. This prevents high-leverage RWA exposure from being carried into off-hours when the underlying market is closed and prices cannot be hedged.

How it works

  • The entire position is closed at the prevailing market-close price β€” there is no partial deleverage

  • PnL is settled and remaining collateral is returned to the trader's account

  • This applies to every RWA pair on every regular trading day

How to keep a position past market close

To carry a position into off-hours, the trader must bring its leverage to 10x or below before market close. The simplest way is to add collateral:

  • Adding collateral lowers the position's effective leverage without changing position size

  • Once the position is at or below 10x, it is treated as an Overnight Position and will not be force-closed


Off-Hours Restrictions

During non-trading hours, the following restrictions apply:

βœ… Add Collateral

βœ… Cancel Open Order

βœ… Edit TP/SL

❌ Open New Position

❌ Close Existing Position

❌ Create New Order

❌ Liquidation

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