# Everstrike

- [Everstrike: AI-Powered Decentralized Derivatives Exchange](https://docs.everstrike.xyz/introduction.md): Everstrike is a hybrid DEX for spot, perpetual futures, and options. Write strategies in plain English and let AI evaluate markets and place trades.
- [Start Trading on Everstrike: Complete 5-Step Guide](https://docs.everstrike.xyz/trading/how-to-start-trading-on-everstrike.md): Set up your Everstrike account, connect your wallet, deposit USDC, and mint evUSD to start trading perpetual futures and options in five steps.
- [How to Deposit, Withdraw, and Stake on Everstrike](https://docs.everstrike.xyz/account/how-to-deposit-withdraw-and-stake-on-everstrike.md): Step-by-step guide to the five DEX-mode wallet operations on Everstrike: Deposit USDC, Withdraw, Stake, Mint evUSD, and Redeem back to USDC.
- [DEX Mode vs. CEX Mode: Choosing Your Custody Approach](https://docs.everstrike.xyz/account/dex-mode-vs-cex-mode.md): Compare DEX mode (self-custody, you control your wallet) and CEX mode (Everstrike manages the wallet) to choose the right custody approach for you.
- [Perpetual Futures: No-Expiry Exposure on Everstrike](https://docs.everstrike.xyz/products/perpetual-futures.md): Trade no-expiry, cash-settled BTC futures on Everstrike. Hourly funding, up to 0.3% max funding rate, all margined and settled in evUSD.
- [Perpetual Options: Dynamic-Strike Options Without Expiry](https://docs.everstrike.xyz/products/perpetual-options.md): Trade no-expiry BTC options with strike prices pinned to the 100-hour EMA. Get delta, gamma, vega, and theta exposure — all margined in evUSD.
- [PVIX-BTC: Perpetual BTC Volatility Index on Everstrike](https://docs.everstrike.xyz/products/perpetual-volatility-indices.md): PVIX-BTC gives you direct vega exposure without directional risk, settling to the average funding rate across all BTC perpetual options on Everstrike.
- [PVAR-BTC: Perpetual BTC Variance Swap on Everstrike](https://docs.everstrike.xyz/products/perpetual-variance-swaps.md): PVAR-BTC is Everstrike's perpetual BTC variance swap, offering exposure to realized variance. Scheduled for Testnet release in Q4 2027.
- [AI Strategies: Automate Your Trading with Natural Language](https://docs.everstrike.xyz/ai/strategies.md): Write plain-English prompts, configure markets and confidence thresholds, and let Everstrike's AI evaluate markets and execute trades automatically.
- [Strategy Events: Review AI Decisions and Track Performance](https://docs.everstrike.xyz/ai/events.md): Strategy events log each AI evaluation — action, confidence, reasoning, and credits used — so you can validate and refine strategies before scaling up.
- [Supported Data for AI Strategy Prompts on Everstrike](https://docs.everstrike.xyz/ai/supported-data.md): Discover what market data, account context, and technical indicators are available for AI strategy prompts — and what data the AI cannot access.
- [AI Models for Strategy Evaluation: Speed and Cost Guide](https://docs.everstrike.xyz/ai/models.md): Compare AI models for strategy evaluation — balance speed, cost per event, and reasoning depth to match the right model to your trading style.
- [AI Credits: How to Manage Strategy Evaluation Costs](https://docs.everstrike.xyz/ai/credits.md): AI credits pay for strategy evaluations on Everstrike. Get free grants at signup, daily replenishment, or deposit funds to cover expenses automatically.
- [Everstrike Assistant: Build Strategies with AI Guidance](https://docs.everstrike.xyz/ai/assistant.md): Create and modify strategies via a conversational interface — describe your trading logic in plain English and the Everstrike Assistant handles the rest.
- [Everstrike MCP Server: Live Market Data for AI Clients](https://docs.everstrike.xyz/ai/mcp.md): Connect any MCP-capable AI client to live Everstrike market data. Works with Claude Desktop, Cursor, or custom apps. Read-only, public, no signup required.
- [AI Privacy: How Everstrike Handles Your Strategy Data](https://docs.everstrike.xyz/ai/privacy.md): Everstrike AI does not store strategy data or completions, and anonymizes all user data before AI queries. Here's what that means for your trading privacy.
- [Everstrike AI Roadmap: Upcoming Features and Improvements](https://docs.everstrike.xyz/ai/roadmap.md): Upcoming Everstrike AI features include more data sources, additional models, model ensembles, backtesting, a CLI tool, and a real-time market screener.
- [AI Trading FAQ: Strategies, Costs, and Limits Explained](https://docs.everstrike.xyz/ai/faq.md): Answers to common AI strategy questions: confidence thresholds, order sizing, risk controls, credit costs, frequency limits, and prompt best practices.
- [Trading Fees on Everstrike: Fee Schedule and Rate Caps](https://docs.everstrike.xyz/trading/trading-fees.md): Everstrike charges 0.00% maker and taker fees on all products. Perpetual options fees are capped at 12.5% of the option's Mark Price.
- [Margin Requirements for Everstrike Derivatives Contracts](https://docs.everstrike.xyz/trading/margin-requirements.md): Cross Margin is the default on Everstrike. Learn initial and maintenance margin formulas for perpetual futures and long and short perpetual options.
- [Funding Rates: How Hourly Payments Work on Everstrike](https://docs.everstrike.xyz/trading/funding.md): Funding is an hourly payment between longs and shorts on Everstrike. Learn how the rate is calculated from the premium, dampener, and funding interval.
- [Mark Price: Manipulation-Resistant Reference Price](https://docs.everstrike.xyz/trading/mark-price.md): The Everstrike Mark Price drives liquidations and margin calculations. It combines Index Price, order book Fair Price, EMA smoothing, and clamping.
- [Index Price: How Everstrike Calculates Reference Prices](https://docs.everstrike.xyz/trading/index-price.md): The Everstrike Index Price aggregates real-time data from 10 spot exchanges with outlier exclusion, underpinning the Mark Price and funding calculations.
- [Liquidation: Incremental Position Reduction on Everstrike](https://docs.everstrike.xyz/trading/liquidation.md): Everstrike liquidates positions incrementally. Learn when it starts, how each order is sized, how to add margin to stop it, and what happens on failure.
- [Risk Limits: Leverage Caps for Large Isolated Positions](https://docs.everstrike.xyz/trading/risk-limits.md): Risk Limits increase minimum margin as your isolated position grows, capping leverage on large positions and reducing the risk of cascading liquidations.
- [Deleverage Events: Last Resort for Bankrupt Positions](https://docs.everstrike.xyz/trading/deleverage-events.md): When normal liquidation fails, bankrupt positions are closed and counterparties are selected by a leverage × ROE score — not by socialized loss.
- [Liquidity Providers: Backstop for Failed Liquidations](https://docs.everstrike.xyz/trading/liquidity-providers.md): Liquidity Providers take over positions when liquidation fails. Learn the Liquidation Price, Failure Price, and Bankruptcy Price thresholds that matter.
- [Perpetual Vault: Earn Monthly Rewards by Holding evUSD](https://docs.everstrike.xyz/trading/perpetual-vault.md): The Perpetual Vault counterparties Mainnet trades. evUSD holders earn monthly rewards from vault P/L, but losses may reduce the evUSD conversion rate.
- [Drift: How Moving Strike Prices Affect Perpetual Options](https://docs.everstrike.xyz/trading/drift.md): Drift is the expected hourly intrinsic value change from option strike movement. Combine it with Funding and your price view for accurate PnL projections.
- [Self-Trading Prevention and Mark Price Trading Range Rules](https://docs.everstrike.xyz/trading/self-trading.md): Everstrike cancels orders that would match your own to prevent wash trading. Orders outside the Mark Price trading range are automatically cancelled too.
- [Mark Price Compensation: Extra Margin for Off-Market Fills](https://docs.everstrike.xyz/trading/mark-price-compensation.md): Mark Price Compensation adds extra margin when you fill far from the Mark Price, preventing immediate liquidation of a newly opened position on Everstrike.
- [Everstrike Supported Networks and Stablecoins Guide](https://docs.everstrike.xyz/account/supported-networks-and-stablecoins.md): Everstrike supports Arbitrum One, Base, Ethereum, and BSC on Mainnet — and Ethereum Sepolia and Arbitrum Sepolia on Testnet — with USDC and USDT.
- [evUSD: The Native Stablecoin and Collateral of Everstrike](https://docs.everstrike.xyz/account/evusd.md): evUSD is Everstrike's native stablecoin. Acquire it by minting, trading, or CEX deposit. Dispose of it via redemption, trading, or CEX withdrawal.
- [EVS Token: Earn Everstrike's Native Token Through XP](https://docs.everstrike.xyz/account/evs.md): EVS is Everstrike's upcoming native token, not yet launched. Accrual is based on XP from trading, account age, deposits, security setup, and AI strategies.
- [Register Your Primary Wallet on Everstrike DEX Mode](https://docs.everstrike.xyz/account/primary-wallet.md): Your primary wallet links your Everstrike account to DEX mode. Sign an ownership message to confirm it — one wallet per account, cannot be changed later.
- [Spending Cap: ERC-20 Allowance for Everstrike Deposits](https://docs.everstrike.xyz/account/spending-cap.md): A spending cap is the ERC-20 allowance that lets Everstrike's Deposit Contract spend USDC from your wallet. Learn how to set, manage, and revoke it.
- [Minting evUSD: Convert Staked USDC to Trading Collateral](https://docs.everstrike.xyz/account/minting.md): Mint evUSD from staked USDC in 3 steps. Minting takes 2–5 seconds, requires at least 0.2 USDC, and Everstrike covers the gas fee for you.
- [Redeeming evUSD: Convert Trading Collateral Back to USDC](https://docs.everstrike.xyz/account/redeeming.md): Redeem evUSD to USDC on Everstrike. Usually instant, up to 24 hours max. Flat 0.1 USD fee, no execution costs — more predictable than trading spot markets.
- [Deposit and Withdrawal Limits for Everstrike CEX Mode](https://docs.everstrike.xyz/account/limits.md): Deposit and withdrawal limits for Everstrike CEX mode by asset and network. No limits apply in DEX mode — minimums and maximums are CEX-only restrictions.
- [Withdrawal Fees for Everstrike CEX Mode by Network](https://docs.everstrike.xyz/account/withdrawal-fees.md): CEX mode charges a flat 1 USD withdrawal fee on all supported networks: Polygon, Arbitrum, BSC, Base, Optimism, and Ethereum. No fees in DEX mode.
- [Blockchain Confirmations Required for Everstrike Deposits](https://docs.everstrike.xyz/account/required-number-of-blockchain-confirmations.md): Blockchain confirmations needed before your Everstrike deposit is credited vary by network — from ~20 seconds on Arbitrum to ~3 minutes on Ethereum.
- [CEX Mode: Everstrike's Custodial Account Option Explained](https://docs.everstrike.xyz/account/cex-mode.md): Everstrike CEX mode manages your wallet for you. Deposits are credited automatically; withdrawals are signed offline. Requires trusting Everstrike Labs.
- [Trading Bonus: Try Everstrike Mainnet Without Depositing](https://docs.everstrike.xyz/account/trading-bonus.md): Promotional evUSD for trying Everstrike Mainnet without depositing. Profits are withdrawable; bonuses cannot be used for spot, withdrawals, or redemptions.
- [Get Testnet ETH and Stablecoins for Everstrike Testnet](https://docs.everstrike.xyz/account/testnet-eth.md): Get testnet ETH for Ethereum Sepolia or Arbitrum Sepolia to test on Everstrike Testnet. Includes faucet links and testnet stablecoin contract addresses.
- [Missing Emails from Everstrike: Troubleshooting Guide](https://docs.everstrike.xyz/account/missing-emails.md): Missing Everstrike emails? Check your spam folder, the Gmail Promotions tab, and your registered email spelling — Everstrike addresses are case-sensitive.
- [Contact Everstrike Support: Email, Telegram, and Discord](https://docs.everstrike.xyz/account/contact-support.md): Reach Everstrike Support by email, Telegram, or Discord. Urgent requests get a response within 6–24 hours; non-urgent requests within 3–5 business days.
- [Everstrike: Hybrid On-Chain and Off-Chain Architecture](https://docs.everstrike.xyz/technical-architecture/technical-architecture.md): Explore Everstrike's hybrid architecture — off-chain order matching with on-chain custody and state channels for trustless, self-custodied trading.
- [On-Chain Settlement, Custody, and Gas Fees on Everstrike](https://docs.everstrike.xyz/technical-architecture/on-chain-settlement-custody.md): Understand how Everstrike holds your funds in smart contracts, the four fund categories and their lifecycle, and which operations require you to pay gas.
- [Off-Chain Order Matching and Risk Engine on Everstrike](https://docs.everstrike.xyz/technical-architecture/off-chain-matching.md): Explore Everstrike's off-chain risk and matching engines — order submission, margin validation, FIFO price-time priority, and API deployment regions.
- [Off-Chain State Channels: Your Balance and Position Record](https://docs.everstrike.xyz/technical-architecture/off-chain-state-channel.md): Learn how off-chain state channels track balances and positions between you and Everstrike, enabling trustless fund recovery without operator cooperation.
- [Trustless Withdrawal: Withdraw Without Operator Cooperation](https://docs.everstrike.xyz/technical-architecture/trustless-withdrawal.md): Use Trustless Withdrawal as a permissionless emergency escape hatch to recover funds via state receipt, with a 24-hour challenge window and mandatory fees.
- [Everstrike Terms of Service: Exchange User Agreement](https://docs.everstrike.xyz/legal/terms-of-service.md): The Everstrike Terms of Service governing your use of the exchange, trading of digital assets and derivatives, API access, and your obligations as a user.
- [Everstrike Privacy Policy: Your Data and Your Rights](https://docs.everstrike.xyz/legal/privacy-policy.md): Learn what personal data Everstrike collects, why it is collected, how it is used and shared, how long it is retained, and your rights as a user.
- [Restricted Jurisdictions and Territories on Everstrike](https://docs.everstrike.xyz/legal/restricted-jurisdictions-and-territories.md): The complete list of jurisdictions and territories where Everstrike services are unavailable, plus the sanctions policy governing platform access.