# Getting Started

Canonical page: https://docs.denaria.finance/general/getting-started

Status: current

![](https://docs.denaria.finance/img/general/gettingStarted/ethena-accelerator-presentation.gif)

### Meet Denaria, the Onchain Perpetual DEX
Denaria is a **decentralized perpetual exchange** that lets anyone trade leading digital assets with up to 15× leverage. Every order is executed and settled onchain; no offchain order books, no centralized intermediaries, and no hidden risks.
Denaria has deployed an innovative virtual AMM called "**_dynAMM"_**, which offers several advantages over previous solutions used in the perpetuals sector.
### Your First Trade in Four Steps
1. **Create your smart wallet** – Visit [**denaria.finance**](http://denaria.finance/) on your smartphone, or scan the QR code from the desktop website, tap **“Sign up with email”** and secure it with biometric authentication.
2. **Deposit funds** – Deposit the supported stablecoin and fund your smart wallet.
3. **Open a position** – Pick the asset, direction (long / short), leverage and open your trading position.
4. **Manage & close** – Manage the size and collateral of your trading position.