FET PERP on Swapmos with up to 10x
FET is the token of the Artificial Superintelligence Alliance, the merged Fetch.ai, SingularityNET and Ocean effort, so it trades largely as a proxy for AI narrative flow rather than on usage metrics. That makes it prone to sharp rotations. On Swapmos it is a USDC margined perpetual with no expiry, funding paid between longs and shorts, and up to 10x leverage.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.0001
- Size tick
- 0.1
- 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.