PLAYS
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SPY+0.56%QQQ+0.57%BTC+0.12%ETH+0.24%XAU-0.10%ANTHROPIC-0.05%OPENAI+0.23%NVDA+1.51%HYPE+3.53%AAPL-0.10%SOL-0.91%XAG+1.00%SNDK-0.55%GOOGL+0.73%AMD-0.13%MSFT+1.42%AMZN+0.44%LIT+5.97%SPY+0.56%QQQ+0.57%BTC+0.12%ETH+0.24%XAU-0.10%ANTHROPIC-0.05%OPENAI+0.23%NVDA+1.51%HYPE+3.53%AAPL-0.10%SOL-0.91%XAG+1.00%SNDK-0.55%GOOGL+0.73%AMD-0.13%MSFT+1.42%AMZN+0.44%LIT+5.97%
ProductLIVE

Leverage

Starts at 1x, capped, and never chosen for you.

Leverage starts at 1x on every leg and only changes when you change it. PLAYS caps it at 5x, and your own cap in Account can only be stricter. The venue's own maximum for a market also applies.

In PLAYS, leverage multiplies a leg's notional. Margin requirements are set by Lighter's rules on your account.