Chat-based perpetual trading is a derivatives trading format where perpetual contracts are executed directly inside a messaging interface instead of a traditional exchange. Mixin implements this model by embedding leveraged trading tools into its chat environment, merging communication, execution, and asset management into one system.
What is chat-based perpetual trading?
Chat-based perpetual trading is a system where users trade perpetual contracts inside chat interfaces rather than separate trading platforms. It combines messaging, strategy discussion, and order execution in the same environment. In Mixin’s case, this means users can open, manage, and monitor leveraged positions directly within chat conversations.
How does Mixin’s trading model work?
Mixin’s trading model works by integrating perpetual contract execution into a non-custodial wallet and messaging system. Users can select assets, choose long or short positions, set leverage up to 200x, and confirm trades directly inside the chat interface. Orders are executed through aggregated liquidity sources while price, position, and profit/loss data are displayed in real time within the conversation.
What is the role of social trading and custody?
Social trading and custody in Mixin function as a combined layer where strategy sharing and asset control exist alongside execution. Users can discuss trades, share positions, and copy strategies inside encrypted group chats while interacting with live market positions. At the same time, Mixin uses a self-custody structure where users retain full control of their assets, and the platform does not hold or manage user funds. This links social interaction and trading execution without centralized custody.
Conclusion
Chat-based perpetual trading in Mixin connects messaging, social interaction, and derivatives execution into a single integrated system. The model allows users to trade and communicate simultaneously within the same interface. This structure creates a unified environment where strategy sharing, execution, and asset control operate together in real time.




















