Trade ADA PERP with up to 20x on Swapmos
Proof of stake layer one Cardano has a long, research led development cycle, and ADA usually moves with Bitcoin direction, upgrade timelines and shifts in staking and governance. Trading it as a perpetual means USDC margin, no expiry and periodic funding between longs and shorts, so holding a short is as simple as holding a long. Leverage enlarges both outcomes.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 20x
- Minimum order
- 10 USDC
- Price tick
- 0.0001
- Size tick
- 1
- 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.