OPN PERP on Swapmos, up to 10x, USDC margin

OppFi lends to consumers who fall outside mainstream bank credit, so OPN turns on charge off rates, origination growth, funding costs and regulatory pressure on high rate lending. It is a small cap, and the tape thins out quickly once the news passes. The perpetual tracks the share price, settles in USDC, has 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.