What $100 would have done, by leverage
—
—
| Leverage | Held to now | Return | Worst point | Cost of the round trip | Outcome |
|---|
Every minute in the window is walked in order and the worst price inside each bar is tested against the liquidation level before the close, so a position that was liquidated mid-window stays liquidated even if the price later recovered. Opened on the ask and marked on the bid for a long, and the reverse for a short. Indicative example based on third-party market data. Moon's reference price, spread, fees, settlement and liquidation rules may produce a different result.
What a move would mean
0.00%My positions
| Bet | Wager | Leverage | Entry | Liquidation | Mark | Profit / Loss | Multiplier | Action |
|---|---|---|---|---|---|---|---|---|
| No open bets | ||||||||
Leveraged SOL over the last 9.6 hours: what it gained and what it lost
-0.85% on SOL in 9.6 hours. Ordinary here, fatal at the top of the ladder. The short was the correct side and it still was not enough. 2x marks $101.38. 100x was liquidated after 42 minutes. The 50x long died after 3.5 hours. 5 of 14 rungs did not finish the window. Top survivors: 20x long, 50x short. Then the bill. 16% of the stake to get in and out at 100x, repaid only after 0.16%, which is 3% of an average session here.
Leveraged trading of Solana (SOL): what has been happening
+0.52% on the session leaves SOL at $97.100, +3.61% over five. SOL is +31.66% on the month, so it arrives clearly higher. Three months reads +39.29%, year to date -23.48%. The 30-session range is $70.580 to $103.080, which puts the last price -5.80% off the high and +37.57% off the low.
How volatile is SOL right now
Thirty sessions of realised volatility annualise to 61.7% and ninety to 60.0%, which puts SOL at fast. Average true range across 14 sessions is 5.37% of price, and an ordinary day swings about 3.23% either side of flat. The deepest SOL has gone below an open in 30 sessions is 6.40%, and 10.73% across 90. Any rung that cannot absorb 10.73% has an expiry date.
What leverage SOL actually survives
The ladder tops out at 10x if the requirement is surviving all 30 of the last sessions. 10x dies on 9.950%; SOL got to 6.40% at its worst. Open the window to 90 sessions and it falls to 5x. SOL has gone 0.950% against an open-price long, which is where 100x ends, on 62 of the last 90 sessions. That is 69% of them. 88 of the last 90 sessions cleared the 0.0500% that ends a 1000x position. On the one-minute series the median bar travels 0.0547% and 55.0% of bars cover the whole 1000x liquidation distance on their own. One bar of SOL, not one session.
SOL liquidation distance and hit rate by leverage
| Leverage | Liquidation distance | Sessions it was hit | Hit rate | Round-trip cost vs stake |
|---|---|---|---|---|
| 2x | 49.9500% | 0 / 90 | 0% | 0.3% |
| 5x | 19.9500% | 0 / 90 | 0% | 0.8% |
| 10x | 9.9500% | 2 / 90 | 2% | 1.6% |
| 20x | 4.9500% | 10 / 90 | 11% | 3.2% |
| 50x | 1.9500% | 43 / 90 | 48% | 8.0% |
| 100x | 0.9500% | 62 / 90 | 69% | 16.0% |
| 200x | 0.4500% | 75 / 90 | 83% | 32.0% |
| 500x | 0.1500% | 84 / 90 | 93% | 80.0% |
| 1000x | 0.0500% | 88 / 90 | 98% | 160.0% |
Liquidation distance assumes a 5 basis point maintenance margin: an adverse move of (1 − leverage × maintenance rate) ÷ leverage. Hit count is the number of the last 90 sessions where the low fell that far below the session open, i.e. where a long opened at the open would have been liquidated intraday. Cost assumes 16 basis points of spread and fees on the round trip.
What a leveraged SOL position costs
Nobody is charging you 16 basis points of your stake. They are charging 16 basis points of the exposure, which is 1.6% at 10x and 16% at 100x. SOL has to give back 3% of an ordinary session's range just to clear the 100x round trip. The ceiling set by cost alone is about 625x. Past it the round trip has already spent the stake and SOL has not been consulted.
SOL leverage questions
What leverage is realistic on SOL?
On the last 30 sessions of data the highest rung that avoided liquidation on every session was 10x, which liquidates on a 9.950% adverse move.
How far can SOL fall before a 100x long is liquidated?
0.950% at a 5 basis point maintenance margin. SOL moved at least that far against an open-price long on 62 of the last 90 sessions.
How volatile is SOL right now?
30-session realised volatility annualises to 61.7% and 14-session average true range is 5.37% of price.
Does 1000x leverage make sense on SOL?
No, and the fee schedule settles it before volatility gets a say. At 16 basis points round trip, 1000x costs 160% of the stake in spread and fees alone, so the position opens behind by more than the stake. Liquidation sits 0.0500% away, which SOL can cover in a single minute bar.
What has Solana done recently?
+0.52% on the last session, +3.61% over five sessions, +31.66% over a month and -23.48% year to date, inside a 30-session range of $70.580 to $103.080.
Before you take this to Moon
Everything above is derived from independent third-party market data. Moon prices its own book: the reference price, the spread it quotes, its fee schedule, its funding rate and its liquidation engine are all Moon's, and they will produce a different number from this page. Use this as a model of the mechanics on SOL, then check the live figures on Moon before committing anything.
We have not verified that Moon lists SOL, so there is no link here. When someone checks, this becomes one.
What this simulator is
Prices come from Twelve Data, an independent market-data vendor, and are indicative. Moon's own reference price, spread, fee schedule, funding and liquidation rules will produce a different result. No money is staked here, no order is routed, and no position exists on any venue. At 1000× leverage a 0.01% difference between this chart and Moon's settlement feed moves the position value by roughly 10% of the stake, so treat every number below as an illustration of mechanics rather than a forecast of outcome.
Leverage arithmetic used
Exposure = stake × leverage. Long P/L = exposure × (mark − entry) ÷ entry. Short P/L = exposure × (entry − mark) ÷ entry. Entry takes the ask for a long and the bid for a short; closing does the reverse, so the spread is charged on the round trip. Liquidation triggers when equity falls to the maintenance margin, i.e. at an adverse move of (1 − leverage × maintenance rate) ÷ leverage.
Jurisdiction
Leverage caps, incentive bans and product classification differ by country. Retail CFD rules in the EU cap equity leverage far below the levels shown in this demo and restrict monetary incentives such as rakeback, so the referral block and the maximum selectable leverage must be gated per market before any page goes live. 18+. Trading leveraged products carries a high risk of losing your capital.