INJ PERP on Swapmos, leverage up to 10x

Injective is a layer one built for financial applications, with INJ used for staking, governance and fees that feed a recurring burn auction. Activity on the chain and the size of those burns tend to drive the token more than headline crypto beta does. The perpetual is margined in USDC, never expires, and funding passes between longs and shorts.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.001
Size tick
0.01
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.