XAUT PERP up to 10x on Swapmos

XAUT represents ownership of physical gold held in reserve, which means it follows spot bullion rather than the crypto market. Real yields, the dollar and demand for a haven during stress do most of the work. Traded as a USDC margined perpetual it needs no vault arrangement and never expires, funding is exchanged between longs and shorts, and leverage narrows your margin for error.

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.