JASMY-PERPCrypto · InfrastructureTrade JasmyCoin (JASMY) Perpetual Futures
Go long or short on JasmyCoin with up to 100x leverage. No KYC, no sign-up: connect your wallet and trade 24/7.
- No KYC
- No sign-up
- Self-custody
- Up to 100x leverage
- Mark price
- 0.003753
- 24h high
- 0.003799
- 24h low
- 0.003668
- 24h volume
- 124K USDT
JasmyCoin is the token associated with Jasmy, a Tokyo-based company founded in 2016 by former Sony executives, including Kunitake Ando, a former president of Sony, who became its CEO. The company works at the intersection of the Internet of Things and blockchain, with a focus on giving individuals control over the data their devices generate.
Jasmy's central idea is the "democratization of data". Its platform includes a Personal Data Locker, which lets users store their information securely and decide who may access it, and tools that connect IoT devices to a secure data exchange. Instead of large platforms collecting and monetizing personal data on their own terms, Jasmy's model aims to let individuals share data with companies by consent and be compensated for it.
JASMY is an ERC-20 token on Ethereum, listed on exchanges in 2021. It is intended to serve as the medium of exchange within Jasmy's ecosystem, for example as payment for data and services. Because the project is backed by a Japanese company with ties to the consumer electronics industry, traders often follow it as one of the better-known Japanese crypto projects and as a play on IoT and data ownership.
JASMY's price is driven heavily by news about the company and its partnerships. Announcements of collaborations with hardware makers, enterprises or Japanese corporations, and evidence that its data platform is being used in practice, tend to produce sharp reactions. New products and expansions into adjacent themes such as AI computing can draw renewed speculative interest.
As a lower-priced token with a large supply, JASMY attracts retail traders and can move with social media attention and broader altcoin enthusiasm. Exchange listings, the regulatory environment for crypto in Japan, and the overall direction of the crypto market, led by Bitcoin, also play a large role.
The JASMY perpetual is a futures contract on the price of JasmyCoin with no expiry date. You never own JasmyCoin itself: you go long if you expect the price to rise or short if you expect it to fall, and settle profit and loss in USDT.
You choose your leverage, up to 100x. Margin is cross: your whole perpetual balance backs every open position. Positions are valued at a mark price taken from market data, which can differ from the last trade, and an order more than 20% away from the mark price is rejected.
- 1Connect a wallet. Connect MetaMask, or log in with email or Google, and sign the login message.
- 2Deposit USDT. Deposit USDT and move it to your perpetual account to use as margin.
- 3Choose long or short and your leverage. Open the JASMY market, pick a direction and leverage, and place a market or limit order.
- 4Manage the position. Set a take-profit or stop-loss, add margin, or close the position whenever you like.
| Topic | Max Orion | Centralized exchange |
|---|---|---|
| Sign-up | No KYC: connect a wallet and sign a message | Email, password and identity checks |
| Your account | Your wallet address is your account | A username held by the exchange |
| Orders | Every order is signed by your wallet | Orders sent under a logged-in session |
| Hours | Crypto, gold and oil, 24/7 | Commodities often follow market hours |
Leverage multiplies losses as well as gains. If the JasmyCoin price moves against your position far enough that your perpetual balance, including unrealized losses, falls below the maintenance margin, positions are closed automatically at the prevailing price and you can lose your whole balance. A stop-loss becomes a market order when triggered and is not guaranteed to fill at its price. Only trade with money you can afford to lose. JASMY is typically much more volatile than large caps and can see sharp, sentiment-driven swings over short periods.
Frequently asked questions
A JASMY perpetual is a futures contract on the price of JasmyCoin with no expiry date. You go long if you expect the price to rise or short if you expect it to fall, post margin in USDT, and keep the position open for as long as your margin covers it.
You can trade JasmyCoin perpetuals with up to 100x leverage. The higher the leverage, the smaller the price move against you that liquidates the position.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
Every market settles in USDT, with cross margin: your whole perpetual balance backs all of your open positions, so a profit on one adds margin to the others and a loss on one reduces the margin left for all of them.
A perpetual has no expiry, so a periodic funding payment between longs and shorts keeps its price close to the underlying market. When the perpetual trades above the underlying, longs pay shorts; when it trades below, shorts pay longs.
A maker order, which waits in the order book, pays 0.02% of its value. A taker order, which fills immediately, pays 0.06%.
Leverage multiplies losses as well as gains. If the price moves against your position far enough that your margin no longer covers it, the position is liquidated and the margin is lost. Only trade with money you can afford to lose.
