POL perps on Swapmos with up to 20x

POL is the staking and gas token of the Polygon network, carried over from MATIC as the chain reorganised around aggregated scaling. It trades on Ethereum layer two competition, throughput upgrades and how much value settles through Polygon rails. The perpetual is margined in USDC, has no expiry, and funding is exchanged periodically between longs and shorts.

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Contract specification

Asset class
Crypto
Max leverage
20x
Minimum order
10 USDC
Price tick
0.00001
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.