Overview
Every market on Atomic is a leveraged spot pair. The asset on the left is what you go long or short; the asset on the right is the quote and the unit your margin is denominated in.
The list is intentionally short. Atomic only lists markets where Arbitrum DEXes - Uniswap V3, Camelot, Curve and whatever else the aggregators reach - have enough combined liquidity to absorb leveraged trades and liquidations.
Currently listed
| Market | Asset | Quote | Max leverage |
|---|---|---|---|
| WETH/USDC | Ether | USDC.e | 20x |
| WBTC/USDC | Bitcoin | USDC.e | 20x |
| GMX/USDC | GMX | USDC.e | 20x |
| GMX/WETH | GMX | WETH | 20x |
| LINK/WETH | Chainlink | WETH | 20x |
| UNI/WETH | Uniswap | WETH | 20x |
| CRV/WETH | Curve | WETH | 20x |
| ARB/USDC | Arbitrum | USDC.e | 20x |
There is no minimum position size. You can open a position with any amount your wallet holds.
How listings get decided
A market gets added when three things line up:
- Liquidity. Enough combined depth across Arbitrum DEXes - routed through KyberSwap, 0x and other aggregators - to support leveraged size without breaking the price.
- Volume. The asset actually trades, enough that financing it with the lending pool makes sense.
- Operational fit. Pricing and liquidation flow have been tested against the asset's behaviour. Tokens with rebases or transfer fees aren't eligible.
No listing fee, no governance vote, no partnership requirement. The only gatekeeper is the routable depth behind the asset.
What's coming
Roughly in order:
- More L2-native assets as their Arbitrum liquidity matures.
- Stablecoin pairs for delta-neutral strategies.
- More majors (SOL, AVAX, OP) once routing depth catches up.
Liquidity providers on any major Arbitrum DEX (Uniswap V3, Camelot, Curve, etc.) help accelerate listings by deepening the pools the aggregators route through. Reach out on Discord with the asset - the team tracks routable depth and lists when thresholds are hit.
USDC.e and WETH as quote
Atomic uses two quote currencies: USDC.e and WETH. The same asset can appear against both - GMX, for example, lists as both GMX/USDC and GMX/WETH.
- USDC.e pairs are the right choice if you want PnL denominated in dollars and don't want exposure to ETH on top of your position.
- WETH pairs keep the position purely in ETH terms. Useful for ETH-native strategies, or for assets where the deeper liquidity sits against WETH rather than against the stablecoin.
Margin is always paid in the quote currency of the pair. For USDC pairs that means USDC.e in your wallet; for WETH pairs, WETH.
The UI shortens the quote to "USDC", but the actual settlement token is USDC.e - the bridged version, not the native CCTP USDC. See Quickstart for how to swap one into the other if your bridge handed you the native one.