How to trade Stellar (XLM)
BRVX quotes Stellar Lumens as a XLM/USDT perpetual with 5x–100x leverage on XLM and a 0.05% fee to open. You trade XLM's price long or short and never need a Stellar wallet.
- 100x Max leverage on XLM
- 0.05% Fee per side on XLM
- 0.0023% / 0.0023% Funding long / short on XLM
- 6 Margin tokens for XLM
Stellar guide contents
What an XLM perpetual is
Stellar is a payments network for moving money and stablecoins cheaply across borders; lumens (XLM) pay its small fees. It shares a founder with XRP and the two coins often move together.
The BRVX perp follows XLM's price without expiry and without any transfer on the Stellar network.
The Stellar Development Foundation holds a large share of lumens and releases them over time. Protocol upgrades such as Soroban smart contracts have widened what can run on Stellar beyond simple payments.
What moves the XLM price
XLM rides with the payments-coin group.
- Moves in XRP, with which XLM has a long record of trading in tandem.
- Stablecoin and remittance partnerships on Stellar.
- Retail rotations into older large-cap coins.
Long or short Stellar?
An XLM long bets on stablecoin and remittance use on Stellar or an XRP-led rally.
An XLM short bets that an older-coin rally fades, as many have.
Opening an XLM position on BRVX
Select XLM · USDT
Pick XLM from the crypto list.
Size the XLM position
Post margin and set leverage from 5x to 100x.
XLM: Buy or Sell
Buy for long, Sell for short; TP / SL Triggers sets exits. Fills are at market.
Hold or close XLM
Funding runs 0.0023% per hour.
Leverage works both ways: a small move against you can lose you the whole margin.
When XLM trades
XLM trades 24/7. Because it tracks XRP closely, XRP legal news can move XLM at the same moment.
XLM example: a 6% move
Here is $100 margin at 5x through a 6% XLM move, both directions.
XLM worked example
| Stellar trade | Amount |
|---|---|
| XLM margin | $100 |
| XLM leverage | 5x |
| XLM position size | $500 |
| XLM fee, open + close | $0.50 |
| XLM funding per 24 h, long / short | $0.27 / $0.27 |
| XLM +6% | XLM long +$30.00 (+30% of margin), XLM short −$30.00 |
| XLM −6% | XLM long −$30.00, XLM short +$30.00 (+30% of margin) |
| XLM liquidation | not modelled |
Stellar risks to know
- An XRP headline can move XLM even without Stellar news.
- Rallies in older coins have often faded quickly.
- Funding applies to both sides.
Correlated moves can surprise.
Stellar FAQ
Can I short Stellar?
Yes. Press Sell on XLM · USDT: the short gains when the price falls. Leverage goes up to 100x, the fee to open is 0.05%, and funding is charged every hour.
Does XLM move with XRP?
Often. The two have traded closely for years, though not always.
What does trading XLM cost?
0.05% to open XLM, 0.05% to close it, and funding every hour.
What is XLM used for?
Lumens pay small transaction fees on Stellar and act as a bridge asset for payments.
Is Stellar a competitor to XRP?
They target similar cross-border payments, share a co-founder and often move together, but Stellar is run by a non-profit foundation.
Leverage works both ways: a small move against you can lose you the whole margin.