The
Manual
for Mullet.
The Mullet manual — sign-up, wallet connection, deposits and withdrawals, your first trade, security settings and every trading rule. Clear to read, ready to use, always at hand.
Getting started
Email sign-up
Mullet email sign-up is passwordless — just a verification code. It takes 30 seconds and needs no ID documents or face verification.
Read more →Connecting a wallet
Sign with a Solana wallet to complete sign-up and start trading within 30 seconds, with no ID documents required. Once connected you can move stablecoins from your wallet into your Mullet trading account; transferred assets are held in platform custody and settled in MUSD inside the account. This page covers connecting Mullet with Phantom, Backpack, Solflare and other mainstream wallets.
Read more →Deposits & withdrawals
Mullet deposits no longer go through a swap or a bridge. Stablecoins are received natively on Ethereum, Solana and Tron and credited 1:1, so there is no swap slippage or bridge fee eating into your funds.
Read more →Your first trade
Start on the demo account and work through your first TradFi contract trade on Mullet step by step.
Read more →Trading
TradFi contract concepts
A TradFi contract is a synthetic price-exposure instrument — neither side holds the underlying asset, and only the change in its price is settled. Mullet's contracts have no expiry, and the fill price comes straight from aggregated quotes (decentralised oracles + major exchanges + market makers, median-filtered with outliers removed), so it tracks the real market price. Holding overnight incurs an "inventory fee" based on the financing rate, which is separate from price.
Read more →Leverage & margin
Leverage is the most powerful and most dangerous feature of TradFi contract trading. This page explains Mullet's initial margin, maintenance margin and liquidation mechanics, with worked examples of P&L and liquidation prices at different leverage levels.
Read more →Inventory fee
One key difference between TradFi contracts and expiring contracts is that positions have no time limit. To reflect that, a rolling charge accrues for as long as the position is held — the "inventory fee". This page explains how Mullet calculates it and where to check it.
Read more →Fee structure
Mullet's fees follow three principles — transparent, disclosed up front and verifiable on-chain. This page lists trading fees, transfer fees and the VIP tier system in detail. There are no hidden charges; everything is disclosed on the order page before you trade.
Read more →