⚠︎ Risk warning: leveraged derivatives on unregulated platforms — you can lose everything you deposit. Not investment advice.
How to Start on SoDEX (2026): Email or Wallet Guide
Mechanics verified against official SoDEX docs on 2026-09-24.
Perpetual futures are leveraged instruments: your entire margin can be lost quickly, and on SoDEX your deposit is held by third-party custodians and mirrored on-chain rather than settled in a contract you control. Read the risk disclosure and the custody section of the review first. SoDEX's Terms of Use exclude the United States and its territories, China, Singapore, the Central African Republic, Cuba, Russia, the United Kingdom and its territories, and FATF-listed countries, and the interface Terms prohibit VPNs or proxies used to conceal your location. If you are in one of those places, stop here — this guide does not cover access workarounds.
Log in with an email code or a wallet
With email: click "Connect Wallet", choose "Log in with Email", and enter the 6-digit code sent to you; "a new blockchain address is created for your email address". With a wallet: connect it, accept the Terms of Use, Privacy Policy and Cookie Policy, then click "Enable Trading" and sign "a gas-less transaction". No identity document is requested in either flow.
Deposit from the asset's native chain
Click "Deposit", confirm the must-know notice, and send funds to the address shown — one address for all EVM chains, a native address for chains such as Bitcoin. "Funds will be minted as an equivalent quantity of ValueChain tokens and deposited into your SoDEX Spot Account", typically within about 2 minutes; 1 BTC becomes 1 vBTC. USDC arrives from Arbitrum, Base, BNB Chain, Ethereum, Polygon or Solana with a 5 USDC minimum, and "any deposit falling below this minimum threshold will result in the loss of those funds", as will sending an unsupported token or network. Every deposit is screened by KYT, and tainted funds are rejected and returned.
Move funds to futures and set margin
Deposits land in the Spot account; move them to the Margin & Futures account to trade. "Only USDC is used as trading collateral" by default, and in cross margin BTC, ETH, XAUT, SOL and other listed assets also count at a haircut from 90% down to 50%, with a $500,000 cap on non-USDC collateral. Cross margin is the default; isolated margin ring-fences one position. Switching between them requires closing the position first.
Choose a market, leverage and order type
Pick "Futures", choose a contract such as BTC-USD, set leverage, and place a limit or market order; TWAP orders run from 5 minutes to 24 hours, and TP/SL and reduce-only options are available. The public API lists 40x on BTC and ETH and 10x or 5x on most other markets. Tier-0 fees are 0.040% taker and 0.012% maker — see the fees page for tiers, the SOSO staking discount and maker rebates.
Watch margin, then withdraw
Liquidation is checked against the mark price. A liquidatable position first goes to the order book; below two-thirds of maintenance margin it passes to a backstop that keeps the maintenance margin. To leave, withdraw to a supported chain; each asset has a flat fee (1 USDC for USDC), and every withdrawal is screened by KYA against high-risk and sanctioned addresses.
FAQ
Do I need KYC?
The login guides list an email code or a wallet signature and no identity step. Deposits and withdrawals are screened automatically (KYT and KYA), which can reject funds tied to illicit activity.
Which Terms apply?
The Terms of Use in the SoDEX docs, with Finova Holdings Limited under Cayman Islands law, are the ones written for the SoDEX interface. The "Terms of Service" link in the sodex.com footer opens SoSoValue's Terms for ssi.sosovalue.com instead. Both carry the same excluded-jurisdiction list.
Can I deposit tokens other than USDC?
Yes, from each asset's native chain, but they arrive in the Spot account; to trade perps you either sell them for USDC or use them as cross-margin collateral at their haircut.
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