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Margin and Leverage

Minimum Margin

$10 USDC

Maximum Leverage

Up to 10x (varies by market)

Position Size

Margin × Leverage
Higher leverage means higher potential returns, but also faster liquidation if the market moves against you.
Leverage$1,000 MarginApprox. Move to Liquidation
2x$2,000 position~27% adverse move
5x$5,000 position~11% adverse move
10x$10,000 position~5.5% adverse move
At 10x leverage, even small market movements can trigger liquidation. Make sure you understand the risks before using high leverage.

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Fees

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Opening Fee

1% of your margin
Margin AmountFee
$1,000$10
$5,000$50

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Closing Fee

None — closing your position is free.

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Profit Sharing

If you close in profit, 10% of your profit goes to LPs. You keep 90%.
Gross ProfitLP ShareYour Take
$2,000$200$1,800
$500$50$450
No profit sharing if you close at a loss. You only share profits when you win.

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Longs and Shorts

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Long (YES)

You profit when the probability goes up.
  • Entry at 40%, exit at 50% = profit
  • Entry at 40%, exit at 30% = loss

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Short (NO)

You profit when the probability goes down.
  • Entry at 60%, exit at 50% = profit
  • Entry at 60%, exit at 70% = loss
Both directions work the same way mechanically. You’re always trading the market price you see.