Minting

How to mint a leveraged token

To mint leveraged tokens, go to the top panel and find Mint. This will open the minting page where you can select your target asset, direction, margin, and leverage factor. Note, on the TLX UI, a leveraged token position is denominated in sUSD and not in amounts of the leveraged token.

You can get sUSD through swapping on Velodrome

The first step is to enter the amount of sUSD you want to mint with.

Enter the sUSD amount to mint

Next, you need to approve the spending cap for sUSD.

Set the spending cap

Approve the spending cap

If you are happy with your selection, click the Mint button and confirm the transaction in your wallet.

Click the mint button

Confirm the transaction

Once the order has been processed, a success notification will appear. You can view your minted leveraged tokens in the Portfolio section.

View the portfolio