Moon.com Leverage: 1000x, and What It Costs

The multiplier scales your exposure, and with it both the profit and the speed at which the wager is used up. A $20 wager at 1000x controls $20,000 of exposure — so a 0.1% move against you wipes out the stake. On a liquid crypto pair 0.1% is an ordinary tick, not a crash.

The relationship is exactly reciprocal and worth committing to memory: the move that exhausts your wager is 1 ÷ multiplier. At 10x that is 10%; at 100x, 1%; at 1000x, 0.1%. Nothing else in the product changes that arithmetic.

The 1% opening fee is charged on the exposure, not the wager. So at 100x the fee equals your entire stake, and at 1000x it would be ten times the stake — which is why the loss is capped at the wager in the first place. In practice this means a high multiplier front-loads a cost that a low multiplier does not: you start further behind, and you have less room before the Max Loss Price.

The fee page works a full example. The short version: for the same market view, a lower multiplier on a larger stake is usually cheaper than a higher multiplier on a smaller one.