Disclaimer: only invest what you can afford to lose.
So here's a mini review of PancakeSwap's new-ish “Degen Mode” available at 500x or 750x leverage:
https://preview.redd.it/rekt-i-tried-pancakeswaps-degen-mode-at-750x-leverage-so-v0-w1arsu1vhssb1.png?width=2525&format=png&auto=webp&s=f8f8dad96833cfa116e0be554d9467d1b5bda38a750x Leverage?! Why not? ...good thing I only put in $20 USDT as a test.
You can choose your Take Profit with the predefined +50%, +100%, +200%, +300% or type in your own value, this can be changed clicking the pencil icon under the TP/SL
column once your position is opened. But clicking that doesn't allow you to set a Stop Loss on the pop-up, so it seems like you have to click "Close" position manually.
The UI seems a bit slow since it needs to embed TradingView and there are some bugs that didn't render the JSON text properly in the info pop-up:
https://preview.redd.it/rekt-i-tried-pancakeswaps-degen-mode-at-750x-leverage-so-v0-9kw4ja01issb1.png?width=2525&format=png&auto=webp&s=ff4360f520049ce54be1ca89470faca653fc4d50And what do you know! I got liquidated and lost 20.52 USDT, lol:
https://preview.redd.it/rekt-i-tried-pancakeswaps-degen-mode-at-750x-leverage-so-v0-g87ek4nbissb1.png?width=2525&format=png&auto=webp&s=a99987056cba483818de6b84e3d32ce54f0e3f59So yeah, this thing is really dangerous and you could lose a LOT of money if you don't know what you're doing. Stay away!