AXS PERP on Swapmos, leverage up to 10x
Axie Infinity is the game that popularised play to earn, and AXS is its governance and staking token, now moving mostly with player numbers, Ronin ecosystem news and how the market feels about gaming tokens in general. It trades well below its old highs. The perpetual is margined in USDC, has no expiry, and funding is exchanged between longs and shorts.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.001
- Size tick
- 1
- Funding interval
- every 4 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.