Veranta: Adds 1000x Leverage on BTC ETH via Base
Jesse Pollak highlighted Veranta's launch of 1000x leverage perpetual futures on BTC and ETH on Base, extending its pay-from-profits model with instant redemptions and no upfront fees.
SourceAnalysis
Veranta has rolled out 1000x leverage on BTC and ETH perpetuals on Base, as noted by Jesse Pollak. The platform built its edge with pay-from-profits perps and now extends that to extreme leverage without queues or upfront fees.
Price action on the 4h chart shows ETH at $2227.35 inside the Bollinger band, with the EMA50 at $2298.18 acting as immediate resistance above the EMA200 at $2416.54. The MACD death cross at -16.98 reinforces the bearish structure while RSI at 38.76 leaves room for further downside before any relief toward the lower band support at $2151.3.
jesse.base.eth
@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.