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Trade with liquidity, leverage and low fees.

Trade withMycelium logo
Swaps Interface
Low feesLow fees
More marketsMore markets
Swaps Interface
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With Mycelium Perpetual Swaps, Traders can trust they are optimising their trades with:

Low fees

0.03% entry and exit fees to maximise trading profits

Earn Weekly Rewards

Earn 10% of fees as an active trader


Trade liquid markets for ETH, BTC, BAL, UNI, LINK, CRV, and FXS


Up to 30x, with liquidations set at 100x to minimise risk

Earn withSwaps logo

Our Liquidity Providers create the foundations for traders to take leveraged positions in liquid markets, which is why we're rewarding them with:

High revenue

MLP holders earn 70% of revenue from trading fees

Weekly rewards

Earn 25%* APR paid in ETH rewards weekly

Compound rewards

Earn more with compounded reward rates and no lock-ups

No lock-ups

No lock-up period for LPs

Join the traders exploring
the largest range of DeFi markets on Arbitrum

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A new derivative primitive to hedge portfolio risk or trade leverage over the long-term with:

Zero liquidation riskZero liquidation risk
Zero marginZero margin
Up to 10x leverageUp to 10x leverage
Swaps Interface

Leveraged long-term trading, without the overhead.

Traders can mint fully composable, leveraged tokens in their wallet, and carry them throughout DeFi.

Supported by the best:

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More Leverage. Less Overhead