Isometric lets you go long or short up to 100x on crypto, stocks, and commodities. You pay once, up front. That payment is the most you can ever lose. There is no liquidation price, no funding rate, and no margin to top up.
The whole trade in four choices
Direction. Long if you think the price will be higher at settlement. Short if lower.
Amount. How much USDC to spend.
Term. One, three, seven, or thirty days. The exact settlement time is shown before you confirm.
Leverage. 5x to 100x. It sets your position size, and with it how much every 1% of the move is worth.
At the settlement time a single price decides the outcome. Finish past your breakeven and you are paid, up to your maximum payout. Finish on the wrong side of your worthless price and you lose what you paid, never more.
A move against you does not close your position. It stays open to settlement, however far the price wanders in between.
No funding
Holding costs nothing, at any size, for any length of time. What you pay at open is the entire cost.
Always fills
The pool is the counterparty on every trade. There is no order book and nothing left unfilled.
The trade-off is that a position runs to its settlement time. You cannot close it early, and the payout is capped at your position size. Perps versus Isometric lays out both sides.