UNI PERP on Swapmos, leverage up to 10x

UNI is the governance token behind Uniswap, so it reacts to DEX volume, new version rollouts, chain expansions and the recurring argument over turning on protocol fees. Governance headlines can move it faster than usage does. On Swapmos it is a perpetual with no expiry, margined and settled in USDC, with funding exchanged periodically between longs and shorts.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.001
Size tick
0.1
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.