TAO PERP at Swapmos with up to 10x
Bittensor pays a network of subnets for machine learning work, and TAO moves on subnet growth, halving style emission changes and the wider appetite for AI exposure. It is a relatively high beta name with a smaller float than the majors. The Swapmos perpetual settles in USDC, never expires, and passes funding between longs and shorts on a set schedule.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.01
- Size tick
- 0.001
- Funding interval
- every 4 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.