EIGEN perps on Swapmos, leverage up to 10x

Restaking is the idea behind EigenLayer: staked Ethereum reused to secure other services, with EIGEN as the token tied to that system. Price action follows restaking deposits, new services coming online and unlock schedules that add supply. Traded as a perpetual it settles in USDC, has no expiry date and pays funding between longs and shorts, so shorting is as straightforward as buying.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.0001
Size tick
0.1
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.