1000SHIB PERP, up to 20x on Swapmos
The 1000SHIB contract quotes Shiba Inu in lots of a thousand tokens, which keeps tick sizes workable on a coin priced in fractions of a cent. SHIB moves on retail flow, exchange listings and general appetite for memecoins rather than on protocol revenue. Margin and settlement are in USDC, there is no expiry, funding passes between longs and shorts, and 20x leaves little room.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 20x
- Minimum order
- 10 USDC
- Price tick
- 0.000001
- Size tick
- 10
- Funding interval
- every 8 hours
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Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.