ZHIPU PERP on Swapmos with up to 10x

Zhipu AI builds large language models in China, and its valuation moves on model releases, enterprise contracts, domestic chip supply and policy direction from Beijing. The perpetual tracks the share price, so exposure requires no brokerage account and no local market access. Margin and settlement are in USDC, there is no expiry, and funding periodically changes hands between longs and shorts. Leverage cuts both ways.

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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.