Perpetual Protocol allows traders to use leverage by backing a position with a margin - collateral that is less than the total position size. Traders can open positions with leverage up to 10x.
Note that an effective leverage of 16x, equivalent to a margin ratio of 6.25%, is the point at which your position can be liquidated.
⚠️ Using leverage puts your funds at risk of liquidation at any time. Be sure you understand the risks of leveraged trading before proceeding.