Sonic (S/USDC) Perpetual Futures
Trade the Sonic perpetual contract on Bicoince, settled in USDC with up to 5x leverage. Leveraged positions can be liquidated.
S/USDC-PERP is a perpetual futures contract tracking Sonic, with margin and profit or loss denominated in USDC, and leverage up to 5x. It has no expiry date, so a position can be held for as long as it stays margined, and it is held near the reference price by the funding rate rather than by settling on a date. A leveraged position can be liquidated if its margin runs out.
To buy Sonic itself rather than a contract on its price, use the spot market: S/USDT, S/USDC, S/FDUSD, S/BTC and S/ETH.
Other perpetual markets on Bicoince: OP/USDC, ARB/USDC, INJ/USDC, TIA/USDC, SEI/USDC and WIF/USDC.
