Long or short M PERP on Swapmos, 10x
MemeCore is a meme focused chain whose token M trades mostly on attention rather than fundamentals, which makes moves sharp and reversals common. Liquidity here is thinner than in the majors, so size accordingly. The Swapmos contract is USDC margined with no expiry, funding settles between longs and shorts periodically, and 10x leverage will amplify a bad entry as readily as a good one.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- Minimum order
- 10 USDC
- Price tick
- 0.0001
- Size tick
- 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.