> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pumpevm.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# Perpetuals

> Up to 50x leverage with cross-margin support.

* Long and short positions.
* Up to **40x leverage**.
* Competitive funding rates.
* Multi-tiered liquidation protection.
* Cross-margin support.
* Accepted collateral: **USDC**, **USDT**.

## Quick open

<Steps>
  <Step title="Connect at trade.pumpevm.fun" />

  <Step title="Choose a market and leverage" />

  <Step title="Place a long or short order" />

  <Step title="Monitor and close positions" />
</Steps>