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Only on LN Markets

Never sell Bitcoin again.

Trade qAssets Beta: Gold, stocks, and much more. All settled in Bitcoin. At a rate locked during your trade.

The beta opens to a limited set of users. Request access from the asset picker in the app.

  • Quantity10 oz
  • EntryExit$4,491$4,600
  • Locked BTC rate$81,000
  • P&L+1,345,679 satsSee details

Same result at BTC $60k, $100k or $120k.

LN Markets Quanto

One rate, locked when you click

Bitcoin can double or halve while your position is open. The number of sats you make or lose does not change.

A quanto converts the asset's dollar P&L at the BTC/USD rate recorded at order placement. That single substitution removes bitcoin from the bet, which is why every qAsset carries the q.

Markets

Seven perpetuals, one mechanism

Gold, oil, four stocks and the Nasdaq-100, each with its own page, specification and funding grid.

Every market is identified by an instrument and a pair, the same keys you integrate against in the API. The naming stays stable as the list grows: q, the asset, Perp.

qGold PerpXAU/USDTx20
MarginIsolatedOrderMarket
Trading

Everything your perp desk expects

Up to 20× on every market, isolated margin, and every order type from the Bitcoin perp.

Market and limit entries, take profit, stop loss and trailing stop, add margin any time. Funding settles every 4 hours at the reference market's rate, with no spread added. Trading runs 24/7, weekends included.

What are qAssets?

qAssets are perpetual contracts on real-world assets: gold, stocks, indices, commodities. You trade them on LN Markets with sats: margin, P&L and fees are all in bitcoin. The BTC/USD rate is locked when you place your order, so your result in sats depends only on the asset, not on bitcoin.

Do I need to sell my bitcoin to trade them?

No. You put up sats as margin and get sats back. You never hold dollars, a stablecoin or a token, and qAssets draw on the same sats balance as the rest of the platform.

Does the bitcoin price affect my P&L?

No. The BTC/USD rate is recorded when you place your order and never revisited, so your P&L is the asset’s move converted at that one rate. Bitcoin can double or halve while your position is open and the number of sats you make or lose does not change.

Which assets can I trade?

Seven perpetuals in beta: qGold, qWTI, qSpaceX, qNvidia, qMicron, qNasdaq and qTesla. Gold, oil, four stocks and the Nasdaq-100, with more underlyings to follow.

What are the running costs?

A trading fee on open and close, on the same tiers as the Bitcoin perp. Funding is passed through 1:1 from the reference market, and the quanto adjustment prices the rate lock from the asset’s correlation with bitcoin and both volatilities. You pay or receive either one depending on your side.

Can I use leverage, and can I go short?

Yes. You go long or short with leverage set per market, up to 20× on every market. Margin is isolated: each position has its own margin and locked rate, so a liquidation only touches that position.

Do qAssets trade on weekends?

Yes. Every qAsset trades 24/7, weekends included. Outside the underlying’s main sessions, order books are thinner and spreads wider, and liquidations stay live.

Do I own the underlying asset?

No. A qAsset is bitcoin-settled exposure to a price: no delivery, no custodian, no token, and on equities no shareholding, vote or dividend.

Never sell Bitcoin again.

Sign in, open the asset picker, request early access on any qAsset. No deposit needed to look around.

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