Long or short FIL PERP on Swapmos, up to 10x

Filecoin pays storage providers for verifiable capacity, so FIL moves on network utilisation, sector commitments and an emission schedule that keeps adding supply. As a USDC margined perpetual there is no expiry date and no wallet full of FIL to manage. Funding moves between longs and shorts at regular intervals, and higher leverage shortens the distance between an adverse move and liquidation.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.00001
Size tick
0.1
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.