PENDLE PERP on Swapmos with up to 10x

Pendle splits yield bearing assets into principal and yield tokens, so its own token tracks how much value sits in those pools, where on-chain rates are heading and which incentive campaigns are running. Activity spikes when yields move. Traded here it is a USDC margined perpetual with no expiry, funding exchanged between longs and shorts, and leverage that cuts both ways.

Taking you to the live market

Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.