SNDK PERP on Swapmos, up to 20x leverage

SanDisk sells flash storage, which makes it a direct read on the NAND memory cycle. Contract pricing, supplier capacity decisions and demand from data centres, phones and PCs swing revenue hard in both directions, and the shares follow. The perpetual tracks the share price without a brokerage account, settles in USDC, has no expiry, and exchanges funding between longs and shorts.

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Contract specification

Asset class
Stocks
Max leverage
20x
Minimum order
10 USDC
Price tick
0.01
Size tick
0.0001
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.