# Websea

> The next-generation worry-free derivatives exchange

Websea is a centralized derivatives exchange. It lets users trade spot, perpetual futures, and CFDs, copy lead traders, and earn through fixed-term staking.

Websea is a centralized cryptocurrency exchange focused on derivatives. Users trade spot markets, USDT-margined perpetual futures, and CFDs on forex, commodities, and stocks from one account. It serves retail traders who want leveraged markets with built-in risk tools.

Copy trading lets users follow vetted lead traders in a standard format or in a principal-protected format that shields the allocated capital. Futures Insurance pays airdrop compensation to futures traders who enable it after cumulative losses. The exchange publishes proof of reserves and protects accounts with multi-factor authentication and risk controls.

The Yongying Fund is a fixed-term staking product denominated in the WBS token, and Earn offers further yield products. Square, live streams, and group chat add a content and community layer. Websea is used by derivatives traders, copy traders, and WBS holders.

- Type: Company
- Sector: Finance
- Status: Active
- Profile: https://thegrid.id/profiles/websea

## Products

- [Websea](https://thegrid.id/profiles/websea): Websea is a centralized cryptocurrency exchange offering spot trading, USDT-margined perpetual futures, and CFDs on forex, commodities, and stocks. Copy trading lets users mirror selected lead traders, with a principal-protected variant that shields the allocated capital. Futures Insurance pays airdrop compensation to futures traders who enable it after cumulative losses. The Yongying Fund is a fixed-term staking product that accepts the WBS token and pays returns in WBS. Square, live streams, and group chat provide content and community features. (Centralised Exchange, Live, Main Product)

## Assets

- [Websea Token (WBS)](https://thegrid.id/profiles/websea): WBS is the utility token of Websea, a centralized cryptocurrency exchange. It is used for staking in the platform's Yongying Fund yield pools, earning ecosystem rewards, and participating in governance. A portion of trading fee revenue funds monthly WBS buybacks and burns, with a stated target of reducing total supply from 300 million to 100 million tokens. (Utility)

## Links

- [Main](https://www.websea.com)
- [Documentation](https://webseahelp.zendesk.com/hc/en-us)
- [Terms of Service](https://webseahelp.zendesk.com/hc/en-us/articles/7064836323983-Websea-Service-Agreement)
- [Privacy policy](https://webseahelp.zendesk.com/hc/en-us/articles/7064809622543-Websea-Privacy-Protection)
- [Twitter / X](https://x.com/webseaofficial)
- [Telegram](https://t.me/Webseaofficial)
- [Twitter / X](https://x.com/Websea_CN)
- [Telegram](https://t.me/WebseaofficialCN)
- [Instagram](https://www.instagram.com/websea_official)
- [Facebook](https://www.facebook.com/profile.php?id=61582416407514)
- [YouTube](https://www.youtube.com/@Websea_Official)
- [Medium](https://medium.com/@WebseaNews)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP