CONTEXT

Context

How it works

A quick walkthrough of what a Founder Perps position actually is, and how leverage, sizing, and liquidation work together.

01

Pick a founder

Browse live markets — Elon Musk, Jensen Huang, Tim Cook, Mark Zuckerberg, Sam Altman, NVIDIA, and more added regularly.

02

Go long or short

Think their net worth and influence is heading up? Go long. Think it's about to slide? Go short.

03

Choose your leverage

Size your position with up to 10x leverage. Higher leverage means higher potential return — and a closer liquidation price.

04

Hold or close anytime

Positions are perpetual — no expiry. Close whenever you want to lock in gains or cut losses.

Risk note

Leverage amplifies both gains and losses. A 10x position moves 10% for every 1% move in the underlying index, and can be liquidated on a 1/leverage move against you. Trade sizes shown across the site are illustrative — order execution and live settlement are launching soon.