XPL PERP on Swapmos, leverage to 10x
Plasma is a chain designed around stablecoin payments, with XPL used for gas, staking and incentives. Because the pitch is settlement volume rather than speculation, traders watch transfer activity and integrations, though unlock tranches expanding the float can dominate price for weeks. Margin is in USDC, the contract has no expiry, and funding passes between longs and shorts.
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Contract specification
- Asset class
- Crypto
- Max leverage
- 10x
- 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.