> For the complete documentation index, see [llms.txt](https://zion-exchange.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://zion-exchange.gitbook.io/docs/products/pre-market.md).

# Pre-Market

Trade early, leverage the hype.

**Pre-Market will allow users to take early positions on hype-driven and upcoming crypto projects like Base before their official launch. This feature lets traders enter early and maximize risk/reward using leverage.**

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#### Features

**1. Early Access Trades**\
Users can take **early positions on high-potential tokens** before they are officially listed, capturing opportunities ahead of the launch hype.

**2. Leverage Positions**\
The Pre-Market supports **long or short positions with leverage**, significantly increasing potential gains for accurate trades.

**3. Flexible Liquidity & Management**\
Traders can **open and close positions anytime** and adjust leverage and risk settings according to their own strategy.

**4. Risk/Reward Control**\
Stop-loss, position size, and risk limits are fully controlled by users, providing a **flexible and secure trading experience**.

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#### Why Pre-Market?

* **Early-stage entry:** First-mover advantage on highly anticipated projects
* **Strategic trading:** Take positions before official launches
* **Liquidity & action:** Boost platform liquidity through leveraged trades
* **Community hype:** Maximize user engagement and ecosystem interaction

The Pre-Market feature combines **early access, hype trading, and risk/reward optimization** on Zion Perp DEX. Technical details, leverage limits, and trading rules will be shared with the community upon the official launch.