TSM PERP: up to 10x on Swapmos

TSMC manufactures the leading edge silicon behind most AI accelerators and phone processors, so the shares move on node ramps, foundry pricing, capex and Taiwan related risk headlines. The perpetual follows the listed price with no brokerage account, margined and settled in USDC. There is no expiry, funding is exchanged between longs and shorts, and leverage works in both directions.

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Contract specification

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