Bluefin, previously known as Firefly and having received a $6.4M investment in 2021, only allows BTC and ETH perpetual trading on its platform. The project announced its beta launch on the Arbitrum network last month and is now actively available for use. After reaching the EVM-based community, the project also announced that it will launch on the SUI network as they aim to achieve high transaction capacity to compete with centralized exchanges like Binance.

The project has also announced an ambassador program. You can apply from their website.

After a brief summary, I will move quickly to the how-to-use part without going into too much detail.

HOW TO USE?

First, we connect the wallet and give approval to the Bluefin API. We do this with a newly opened wallet because there is always a possibility of financial loss for various reasons. In short, the risk of fraudulent or rugpull teams and smart contracts.

According to the numbering in the visual below;

1- Connect the wallet

2- Transfer funds to Bluefin

3- Withdraw funds from Bluefin to the wallet

4- Open Long/Short positions

5- The parameter to be used for the transaction

6- Account. Here, you can see general movements, transactions made, etc. in your account.

7- You can choose your language. Various language support is available.

8- Isolated: Leverage ratio in isolated type transaction

9- Active/Market or Passive/Limit order

10- Position size to be opened

11- Position status. Active position, open and unrealized order, realized order

P.S.: They don't have a token, yet.

Disclaimer: Cryptocurrencies are speculative, complex, and carry significant risks. They are highly volatile and sensitive to secondary activities. Performance is unpredictable, and past performance is not a guarantee of future performance. Consider your own circumstances and seek your own advice before relying on this information. Also, you should verify the structure of any product or service (including legal status and relevant regulatory requirements) and consult the relevant regulators' websites before making any decision.