Deposits and Withdrawals on Swapmos

Collateral is USDC and nothing else. A deposit is two on-chain transactions, an approval and then the transfer into the vault, with gas paid in the chain's native token rather than in USDC. Withdrawals go the other way and are signed by your wallet every single time. Only free collateral can leave; margin behind an open position stays put until you close it.

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Getting Started on Swapmos How Perpetual Futures Work on Swapmos Margin and Leverage on Swapmos Placing an Order on Swapmos Liquidation and Risk on Swapmos Using the Swapmos Trading Terminal Keys and Security on Swapmos The Rest of Swapmos: Swap, Bridge, CMX

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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.