Why trade Catapult futures?

Leverage is ironically supposed to reduce risk. It's not how people usually use it, but our specific implementation nudges you to trade better.

What is leverage?

The basic idea: you commit less funds (called margin) than the actual trade size, which makes your PnL swings bigger. There's a caveat though: since you commit less capital, a -100% swing is possible. When that happens, there's no margin left in the position, so it gets closed. That's a liquidation.

Why leverage may actually be safer

People go all-in with futures, but that's not the strategy we recommend. If you split your funds across many positions, you reduce variance and liquidation risk: liquidation acts as a natural stop-loss. Leverage also lets you trade by strategy and reduce exposure risk: in spot, more of your funds are tied up for longer, which means more volatility exposure.

How to trade

Go to a token, then click Futures in the Spot/Futures toggle on the trading window. Enter your total trade size: the margin required depends on the leverage chosen. At 2x, your margin will be half the trade size.

Futures open up a lot of opportunities. If you've been stuck in spot, it's worth trying. Your strategy might actually work better here.