Hedge with SPY perps on Swapmos, up to 20x

SPY is the exchange traded fund that tracks the S&P 500, the most widely followed measure of large cap US equities, and it reacts to inflation prints, payrolls, Fed guidance and earnings season. As a perpetual the exposure is margined and settled in USDC with no expiry, funding is exchanged between longs and shorts, and 20x makes an ordinary index day feel very large.

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.