MEGA PERP on Swapmos, small cap, up to 10x

Mega Matrix is a small listed company whose share price responds to corporate announcements and strategy shifts more than to a predictable earnings stream, which is why MEGA can gap and then give the move back. Interest tends to arrive with news and fade afterwards. The perpetual tracks the share price, uses USDC as margin, never expires, and exchanges funding between the long and short side.

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Contract specification

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