TSM PERP: up to 10x on Swapmos
TSMC manufactures the leading edge silicon behind most AI accelerators and phone processors, so the shares move on node ramps, foundry pricing, capex and Taiwan related risk headlines. The perpetual follows the listed price with no brokerage account, margined and settled in USDC. There is no expiry, funding is exchanged between longs and shorts, and leverage works in both directions.
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Contract specification
- Asset class
- Stocks
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.01
- Size tick
- 0.001
- 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.