> For the complete documentation index, see [llms.txt](https://docs.moonlander.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moonlander.trade/how-to-use/trading/trading-rwa.md).

# Trading RWA

Moonlander is bringing real-world assets trading to Cronos EVM chain, starting with **equities at up to 50x leverage**! This expands your trading opportunities beyond crypto, enabling exposure to traditional markets in DeFi without holding the underlying assets.

<figure><img src="https://1526723574-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqIzWy3A4lZ5sKJXOvWiF%2Fuploads%2FGLvxevtbOf03RGnbQ79A%2FRWA%20token%20listing.png?alt=media&amp;token=e94939a1-6859-4dd6-8405-0c6c246710b9" alt="" width="563"><figcaption></figcaption></figure>

## **Trading Hours and Restrictions**

<figure><img src="https://1526723574-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqIzWy3A4lZ5sKJXOvWiF%2Fuploads%2F2z7CYAXO6g1W9wMXK7mx%2FGeneral%20Template.png?alt=media&amp;token=83a13cc5-7d72-4605-8c3d-5ad9d2d4ba50" alt=""><figcaption></figcaption></figure>

For holidays, see this link for details: <https://www.nyse.com/markets/hours-calendars>&#x20;

{% hint style="info" %}

* Note that [funding rate](/how-to-use/trading/fees.md#funding-fee) will continue to apply during off hours. Users are reminded to monitor their positions and manage their collateral to prevent liquidation.
* In the event that the liquidation condition is met during off hours, [liquidation](/how-to-use/trading/liquidation.md) will be executed when the market opens again.
  {% endhint %}

## **Open and Close Fee**

RWA trading pairs enjoy a lower open and close fee at **0.02% of position size**.

## Reduced Leverage / Increased Spread

To maintain orderly and fair trading conditions, Moonlander may apply temporary adjustments on RWA markets during major corporate or market-moving events.

These adjustments may include:

* Leverage
* Funding rates
* Spread

**When These Adjustments Apply**

Risk parameters may be temporarily adjusted during major events such as:

* Stock splits
* Earnings announcements
* Dividend distributions
* Other significant corporate actions or high-volatility events<br>

**Effective Timing**

These adjustments typically take effect starting 2 days prior to the event and may remain active until market conditions stabilize.

{% hint style="info" %}

* Specific parameters and timing may vary. Adjustments do not affect the existing positions.
  {% endhint %}