How are trades priced?
Section titled “How are trades priced?”Mog uses oracle prices. Your order fills on a later oracle price update, so the market can move after you submit. Order size does not change the price. See order execution.
What happens to my profit when I close?
Section titled “What happens to my profit when I close?”When the treasury covers your payout, your net profit is available as cash at settlement. Only an unfunded amount enters the payout queue and waits for incoming trading funds.
How is profit calculated?
Section titled “How is profit calculated?”Your position size and the price move determine raw PnL. Profitable closes use Mog’s close curve; reaching the payout price settles the full cap before fees.
Where does the payout money come from?
Section titled “Where does the payout money come from?”The treasury pays winning trades and receives realized cash losses. The close curve helps it retain liquidity over time. This is how Mog builds its own liquidity.
Can I trade with a queued payout?
Section titled “Can I trade with a queued payout?”Yes. Queued funds available for margin can fund a new position at their full value. The amount used leaves the queue at fill; any unpaid return joins the back. See trading with unpaid claims.
What does adding margin do?
Section titled “What does adding margin do?”It gives your position more room before liquidation. Position size and profit cap stay the same. The new liquidation price takes effect when the margin activates. See Adding margin.
How do I earn MOG?
Section titled “How do I earn MOG?”Realized trading losses earn MOG. Rewards are higher when treasury equity is low, and qualifying losses that clear unpaid claims receive a boost. Mog allocates trading revenue to buying and burning the token. See MOG rewards.
What are the fees?
Section titled “What are the fees?”At launch, Mog charges a flat open fee of 0.50 USDG per order and 5% of settled profit. Adding margin and funding fees are zero. See Fees.