Trade crypto at 10,000× leverage.
Go long or short on BTC, ETH and SOL with as little as 1 USDC. At 10,000× one basis point is your whole margin. When you lose, you get receipts that earn a share of every fee.
How it works
Pick a side
Long or short, 1× to 10,000×, from 1 USDC. Add a take profit or a stop in basis points if you want one.
It fills at the next price
Your order fills at the first Pyth price published two seconds after it lands. Anyone can submit that fill, and the answer is the same.
Win, close or bust
Close any time at the next price. After a 15-second check that nothing happened earlier, a win of up to 10× your margin lands in your balance. A loss mints receipts.
Why it is fair
No price you have already seen
At high leverage a stale price is a free bet. Fills only use a price published after your order, so nobody gets one.
The house can always pay
Every order sets aside its best case from the house before it is accepted. Wins are paid in full, never queued.
Losing still earns
Each loss mints 100 receipts per USDC and stakes them for you. Staked receipts earn half of every fee, in USDC.