Guides
Four explanations, each written against the live numbers here rather than in the abstract.
How leverage worksLeverage does not amplify anything. It shrinks the room the price has to move against you. A multiplier decides distance to liquidation, not upside.What liquidation isLiquidation is the price at which the platform closes the position because your wager is spent. The rule is simple arithmetic, worked out below on the live ladders.Long vs shortA short costs you funding a long does not, and a spread every long ignores. The gap decides whether short is even worth taking on some markets.What 1000x leverage meansEvery platform here will sell you 1000x, and the live numbers show how many minutes that multiplier survives on each market before it closes you out.