Terminal Room
    Surge Trade logo

    Surge Trade

    available
    TL;DR

    Surge is an on-ledger perpetual exchange, bringing cross-margin trading to Radix using oracle prices. Powered by SRG

    Dossier

    ## Overview Surge Trade is an on-ledger perpetual futures exchange built natively on the Radix blockchain. It enables traders to access cross-margin perpetual contracts with leverage, using oracle-supplied price feeds to settle positions. Unlike centralized exchanges, Surge operates as a decentralized protocol where orders and collateral are managed directly on-chain, eliminating custodial risk while providing the trading tools typically found in traditional derivatives platforms. The exchange is powered by SRG, its native token, which plays a role in the platform's governance and economic mec