Topic: Tried Exolane for a couple weeks, my honest take
Been trying different perp DEXs and someone mentioned Exolane on a discord I'm in. Figured I'd give it a shot.
The thing that stood out was funding rates are capped. I usually hold ETH and BTC positions for a few days at a time, and on other platforms I've gotten wrecked by funding going crazy overnight. Here it can't go above ±15% APR so at least I know what I'm getting into before I enter a trade.
Got partially liquidated on a SOL position and was surprised I didn't get hit with a penalty fee. Everywhere else I've traded they take 0.5-1% extra on liquidations. Here it was just zero.
It's not the biggest platform — fewer markets than dYdX or GMX, and max leverage is 10x on BTC/ETH. But for my style of trading that's fine. I don't need 100x. The fees are also really low, like 0.02% per trade. Overall pretty solid experience so far.