MetaFlux testnet upgrade — 27 perp markets, tiered leverage, and steadier pricing

Trading markets — 27 perpetuals: BTC, ETH, SOL, BNB, XRP, ADA, DOT, AVAX, LINK, UNI, AAVE, SUI, APT, ARB, OP, TAO, POL, JUP, ENA, LDO, CRV, DOGE, PEPE, WIF, BONK, PUMP, plus the native token MTF.

Leverage (per-market + tiered) — Each market sets leverage independently, so changing one pair's leverage never affects the others. Limits are tiered by position size: the larger the position, the lower the leverage admission allows and the higher its maintenance requirement. An open position is never shrunk by the ladder. Max leverage — BTC / ETH: 50x; SOL / BNB / MTF: 25x; majors (XRP, ADA, DOT, AVAX, LINK, UNI, AAVE, SUI, APT, ARB, OP, TAO, DOGE): 10x; small-cap / meme (POL, JUP, ENA, LDO, CRV, PEPE, WIF, BONK, PUMP): 5x.

Funding rate — Each perpetual settles funding on its own period, set per market by governance (1 hour by default). The amount charged at a settlement is capped at ±2% of notional, and that cap is a per-market governance parameter.

Price mechanism — The mark price is the median of three sources: the oracle plus an EMA of the perp basis, the order book's two-sided mid, and the median of five external perp venues. An absent source drops out of the median, and the book mid on its own never moves the mark — so a single resting spread cannot set the price that margin, funding and liquidation read.

Test faucet — Open. It credits test USDC and MTF straight to a Core account, once per address. Testnet tokens carry no real value.