Ability to have multiple separate position on same market

Feature Discussion
1

How would you feel about implementing an option to open multiple independent positions on the same market from a single account?

For example, I’d like to simultaneously hold:

  • A 10x leveraged long,
  • A 2x leveraged long, and
  • A 50x leveraged long
    on the ETH-USDC market.

This stems from some more complex trading ideas (which I’d prefer not to detail here) related to API trading. While I could achieve this by opening positions from different accounts, it would be far more convenient to manage everything under one account.

Theoretically, each position could have a unique ID. I envision this as an optional mode: by default, everything works as it does now, but when placing an order, there could be a “Separate position” checkbox to create a truly independent order on the same market.

Later, via API, I could reference a specific position by its ID to modify its properties—such as adding/withdrawing collateral, setting TakeProfit orders, and so on.

2

Makes sence, something to think about. Not sure if that is possible to easily implement.

1 Like
3

Yes this is a request that has come up a few times in the community. It’s currently only possible by opening the positions on two different pools backing the same market, or by using two separate wallets.

The way the contracts are designed, multiple positions on the same pool will be aggregated. I’m not sure if there’s a way to work around that with some of the coming updates, but devs are aware of the limitation.

1 Like
4

Love this idea it could help expand OI as people look to hedge this should result in more fees and help balance OI I would imagine.

5

Yep, it should allow us to further expand Open Interest.