META PERP on Swapmos, 10x max leverage

Meta earns nearly all of its revenue from advertising, so the stock reacts to ad pricing, engagement across its apps and how much of the budget goes into AI infrastructure and reality labs. Spending guidance has moved it as much as earnings. The perp follows the share price, margined and settled in USDC with no expiry, and funding is exchanged between longs and shorts.

Taking you to the live market

Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.