TQQQ PERP on Swapmos, up to 10x

TQQQ is a leveraged ETF that aims for three times the daily return of the Nasdaq 100, so it amplifies index moves before any margin is applied and it decays during choppy, directionless stretches. The perpetual tracks that ETF price, margined and settled in USDC with no expiry. Funding passes between longs and shorts, and stacking margin on a leveraged product cuts hard in both directions.

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.