Halving trade: LTC PERP on Swapmos, 20x
Litecoin is one of the oldest payment focused chains, with a fixed supply schedule and its own halving cycle that traders position around. It often follows Bitcoin with a higher beta and occasionally runs on its own listing or payments news. The Swapmos perpetual has no expiry, is margined in USDC, and settles funding between longs and shorts at regular intervals.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 20x
- Minimum order
- 10 USDC
- Price tick
- 0.01
- 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.