Leverage
What is Leverage?
Leverage allows you to open a position larger than your actual balance by borrowing extra buying power. It multiplies both profits and losses.Examples:
If you have $100 and use 5x leverage, you control a $500 position.
If the price rises by 10%, your profit is $50 instead of $10.
If the price drops by 10%, you lose $50 — half your margin.
With 10x leverage on the same $100, you control a $1,000 position.
A 5% move against you is enough to wipe out your margin and trigger liquidation.
This is why leverage must be used carefully: higher leverage means higher risk.
Managing Leverage in Blum
In Blum, you can set your leverage directly when opening a Perps position.Steps:
Open Blum in Telegram.
Tap Trade → Perps.
Choose the asset you want to trade (e.g. BTC, ETH).
In the trading panel, adjust the Leverage slider or enter the desired multiplier (e.g. 2x, 5x, 10x, up to 100x).
Confirm before placing your order.
Blum will show you the estimated liquidation price based on the leverage you select, so you can see how much room your trade has before being closed automatically.
(Tip: Beginners should stick to low leverage — around 2x to 5x — until they build experience.)
Adjusting Leverage
On this screen you can change your leverage setting. This determines your maximum possible order size.
Your max position at current leverage – the maximum position size available to you personally, calculated based on your account balance, unrealized PnL, and currently open orders.
Max position at current leverage – the maximum system-wide limit for this instrument, applied to all traders.
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