Set Up a COMBO Bot on EVEDEX: Step-by-Step

Last updated: July 2026

EVEDEX is a non-custodial, no-KYC futures exchange — a hybrid that runs on smart contracts for DEX-level transparency while matching centralized-exchange execution speed. Setting up a COMBO bot on EVEDEX through Bitsgap takes three stages — connect, configure, launch — with backtesting and demo mode available before any position opens.

To run a COMBO bot on EVEDEX, connect EVEDEX to Bitsgap with a trade-only API key, open the COMBO bot, select EVEDEX as the exchange, choose a pair and direction, set margin and leverage, then backtest and launch. The whole setup takes a few minutes once your EVEDEX account is funded.

At a glance

• EVEDEX is futures-only, non-custodial, no-KYC, built on smart contracts with cross-margin
• Connection to Bitsgap uses a trade-only API key, which can place and manage orders but cannot withdraw funds
• COMBO combines GRID and DCA logic with leverage (up to 10x), trading either long or short
• You can run up to 3 COMBO bots on EVEDEX even on Bitsgap's Free plan
• Backtest and demo mode are available before any live capital is committed

What EVEDEX is, briefly

EVEDEX specializes exclusively in futures trading, built on smart contracts rather than a centralized order book. That gives it non-custodial holdings and no KYC requirement, while still delivering the fast order execution and competitive spreads traders expect from a centralized venue. Assets stay in the user's own wallet at every point — the exchange never takes custody the way a centralized platform does.

That non-custodial design carries over into how Bitsgap connects to it: the bot places and manages orders through API permissions, while the funds themselves stay on EVEDEX under the user's account, not inside Bitsgap.

Almost all serious automation on EVEDEX already runs this way — of the DEX-connected COMBO bots launched on Bitsgap in H1 2026, 99.5% ran on EVEDEX specifically, more than on any other connected DEX. COMBO isn't one option among several here; it's close to the default.

Step 1: Connect EVEDEX to Bitsgap

Generate an API key on EVEDEX with trading permissions and no withdrawal access — the same trade-only principle that applies to every exchange connection. In Bitsgap, go to My Exchanges → Add new exchange, select EVEDEX, and paste the API key and secret when prompted. A successful connection shows EVEDEX with a Connected status.

Bitsgap rejects API keys with withdrawal permissions enabled by default, so a correctly scoped key can trade on your behalf but never move funds out of your EVEDEX account.

Step 2: Open the COMBO bot and choose EVEDEX

Go to Bots → Start New Bot, switch to the Futures section, and select COMBO Bot. Choose EVEDEX as the exchange, then pick a pair — a liquid one is easier to test on a first setup, since deeper order books mean cleaner fills and more representative backtests.

Step 3: Set direction, margin, and leverage

Choose Long or Short — direction is a configuration choice at launch, not a different bot type (see the full breakdown of how to pick a direction if you're not sure which fits the current market). Set your margin and leverage, up to 10x on EVEDEX. On activation, the bot commits 50% of your investment multiplied by your leverage to the opening position, keeping the remainder in reserve for the GRID and DCA orders that follow as price moves.

Higher leverage means a closer liquidation price for the same margin, and it multiplies the reserved GRID/DCA capital along with the opening position — size leverage against what the bot can commit in total, not just the initial trade.

Step 4: Review range, averaging, and trailing stop

COMBO runs GRID logic inside the position to capture price swings and DCA logic to average the entry if the market moves against it initially, with a trailing stop-loss that follows once the trade moves into profit. Review the range the GRID component will operate in and the spacing of the DCA averaging orders before launching — both should reflect the pair's actual volatility, not a default left untouched.

Watch it react to EVEDEX's actual order book before going live. Demo mode runs the same bot logic against real market data with virtual funds.

A worked example

Illustrative numbers to show the calculation — not a projected or typical result.

Say you open a Long COMBO bot on EVEDEX with $500 margin and 5x leverage. On activation, 50% of that margin — $250 — multiplied by leverage commits to the opening position, giving roughly $1,250 of initial exposure. The remaining $250 in margin stays in reserve to fund the GRID and DCA orders that trigger as price moves.

If price dips after entry, DCA logic averages the position using the reserved margin, while GRID logic captures profit from swings within the configured range. A trailing stop-loss activates once the position moves into profit, following price to lock in gains as the trend extends. Doubling the leverage to 10x on the same $500 margin roughly doubles both the initial exposure and how far the reserved capital stretches — for better or worse, depending on which direction the market moves first.

EVEDEX vs. Aster: what's the same, what's not

The underlying COMBO mechanics — GRID, DCA, leverage, trailing stop — work the same way once connected. What differs between perp DEXs is the connection step and account setup itself, which is why it's worth confirming the current flow for whichever venue you're using rather than assuming one exchange's steps carry over exactly. For the broader case for trading without KYC in the first place, see how to run futures bots without KYC in 2026.

Common mistakes

Sizing leverage against the opening position, not the full commitment. The 50%-of-margin opening trade isn't the bot's full exposure — leverage multiplies the reserved GRID/DCA capital too, not just the initial order.

Skipping demo mode because COMBO "handles both directions anyway." COMBO's flexibility across long and short doesn't reduce leverage or liquidation risk — it's still a leveraged futures position either way.

Leaving the GRID range or DCA spacing on default values. Both should be built around the pair's actual recent volatility, not left at whatever the setup screen shows first.

Assuming EVEDEX's connection flow matches another exchange's. Even among non-custodial perp DEXs, the exact connection fields differ — follow the current setup screen rather than steps written for a different venue.

Step 5: Backtest, then launch

Run a backtest over recent price history to see how the current configuration would have handled past moves on this pair — not a guarantee of future results, but a check that the setup isn't obviously mismatched to how the asset actually trades. Then run it in demo mode against live EVEDEX price data before switching to a live position.

Launch only once the backtest and demo results are consistent with the risk you're prepared to carry, given the leverage chosen.

FAQ

Is a COMBO bot on EVEDEX spot or futures? Futures. EVEDEX is exclusively a futures exchange, so COMBO runs there with margin and leverage rather than spot accumulation.

Can the bot withdraw my funds from EVEDEX? No. The connection uses a trade-only API key that can place and manage orders but cannot withdraw. EVEDEX's non-custodial design also means funds stay in your own account rather than moving to Bitsgap at any point.

Do I need KYC to trade on EVEDEX? No. EVEDEX doesn't require identity verification to trade.

How many COMBO bots can I run on EVEDEX for free? Up to 3, even on Bitsgap's Free plan — useful for distributing risk across a few smaller positions instead of concentrating it in one.

Why does COMBO dominate EVEDEX activity specifically? EVEDEX is futures-only, and COMBO is built for exactly that: leveraged, directional exposure with GRID and DCA logic layered underneath. In H1 2026, 99.5% of DEX-connected COMBO bots on Bitsgap ran on EVEDEX, more than any other connected DEX.

Is EVEDEX the same as Aster for bot setup? Similar in spirit — both are non-custodial venues connected through a trade-only API key rather than a login — but EVEDEX is futures-only while Aster covers spot and futures, and the exact connection fields differ between them. Check each platform's current setup screen before assuming settings carry over directly.

Start your 7-day free trial and connect EVEDEX to test a COMBO setup in demo mode before committing real funds.