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

Sionix is a very small listed company, and SNXX behaves the way micro caps usually do: little steady turnover, wide spreads in the underlying and outsized reactions to any company announcement. Treat it as a thin market rather than a core position. The perpetual tracks the share price, is margined and settled in USDC, has no expiry, and exchanges funding 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.