TAO PERP at Swapmos with up to 10x

Bittensor pays a network of subnets for machine learning work, and TAO moves on subnet growth, halving style emission changes and the wider appetite for AI exposure. It is a relatively high beta name with a smaller float than the majors. The Swapmos perpetual settles in USDC, never expires, and passes funding between longs and shorts on a set schedule.

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Contract specification

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