Margin trading on Sendit is designed for long-only buy pressure.
Let’s break down how it works, what it isn’t, and how it impacts tokens 👇
1️⃣ What is Margin Trading on Sendit?
Margin Trading lets you go long with leverage on any SPL token using SOL as collateral, up to 3x exposure.
All trades are spot purchases settled via Jupiter, not synthetic. So you hold the real tokens on-chain with full transparency.
And it’s long-only: you can amplify conviction plays, not short against them.
2️⃣ So how does Margin Trading actually work?
→ You provide SOL as base capital
→ Choose your leverage up to 3x
→ The protocol borrows extra SOL
→ Your SOL + the borrowed SOL buys your favorite token via Jupiter
→ The bought token becomes collateral
→ You see your leverage position in your dashboard
If the token price rises, gains are amplified.
If it drops too far, liquidation can occur.
You keep full control: you can add collateral, repay debt, or close anytime.
3️⃣ Can you get liquidated when margin trading?
Yes. Borrowing SOL introduces liquidation risk if your token price falls.
Your liquidation price depends on leverage and volatility.
Liquidations can be partial or full, protecting SOL lenders and system health. You can add collateral or repay SOL to lower risk.
We have plenty of visuals to help you understand if you are in profit or not, and how far away you are from liquidation:
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4️⃣ Are there funding rates on Sendit?
No, Sendit does not use the concept of traditional funding rates. Instead, you pay the borrow interest for the amount of SOL you are borrowing to create that leverage.
This is an initial fee: unlike with traditional margin trading, on Sendit you do not pay any funding rates every 4 hours, only this initial fee.
Debt is also static, not continuously repriced like with perps. You only pay borrow interest (borrow APR) on the SOL you borrow.
When up, you can also repay your SOL debt and withdraw your tokens, turning that leveraged long into a spot holding without any liquidation risk.
Funding-free leverage. Fully transparent. Fully on-chain.
5️⃣ Is Margin Trading the same as Lend & Borrow?
No. They are connected but separate products. Lend & Borrow is the underlying money market. Margin Trading uses that technology.
When you trade on margin with Sendit, you are essentially taking a loan that is fully abstracted away from you.
Both use isolated markets and the same SOL liquidity, but the intent is different:
⚡ Lend & Borrow is for managing liquidity or accessing capital
⚡ Margin Trading is for taking leveraged long positions
6️⃣ Does margin trading on Sendit impact the price of a token?
Not inherently. Any price impact comes from the underlying Jupiter swap.
Opening a long = protocol buys the token (potential upward pressure).
Closing a long = sells the token back for SOL (normal sell pressure).
This means if a user closes a large long, it may impact the price of a token similarly to swapping it for SOL. However, this is not a liquidation, simply a normal sell order.
These are real, on-chain swaps, not synthetic trades. All fully verifiable onchain.
7️⃣ So what is Margin Trading on Sendit really for?
Margin Trading is for traders who want amplified exposure to the tokens they believe in without using CEXs or perps.
Sendit gives you:
→ Up to 3x leverage on your SPL tokens
→ Physical settlement via Jupiter, no synthetic perps
→ Full on-chain transparency
→ Flexible position management
🔗 Learn more:
👉 Check live markets:

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