Swapmos BIO PERP, up to 10x leverage

Bio Protocol funds and coordinates decentralised science communities, so BIO responds to new research DAO launches, token emissions and how much attention the DeSci theme is holding. This is a smaller market than the majors, with wider spreads and faster gaps. As a USDC margined perpetual it has no expiry and needs no token custody, 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
0.00001
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.