The leveraged ETF protocol for every asset onchain.
WinMo creates non-liquidatable ERC-20 tokens that provide spot, leveraged (2x/3x), and inverse (-1x/-2x) exposure to stocks, indices, commodities, forex, and crypto. No KYC. No liquidation. Fully permissionless.
Live at app.winmo.xyz
Traditional leveraged ETFs (ProShares TQQQ, Direxion SPXL, etc.) represent a $60B+ market in TradFi. In DeFi, this product category barely exists.
WinMo fixes that.
| Tier | How it works | Example |
|---|---|---|
| Spot | Backed by the real underlying asset | sAAPL, sSPX, sGOLD, sBTC |
| 2x Long | 2x leveraged perp position | sAAPL-2x, sSPX-2x, sGOLD-2x |
| 3x Long | 3x leveraged perp position | sAAPL-3x, sSPX-3x, sBTC-3x |
| -1x Inverse | Short perp position | sAAPL-1xS, sSPX-1xS, sBTC-1xS |
| -2x Inverse | 2x short perp position | sAAPL-2xS, sSPX-2xS, sBTC-2xS |
- Equities — Apple, Tesla, Nvidia, Microsoft, Amazon, Meta, Google, and more
- Indices — S&P 500, Nasdaq 100, Dow Jones
- Commodities — Gold, Silver, Oil
- Forex — EUR/USD, GBP/USD, JPY/USD
- Crypto — BTC, ETH, SOL
| TradFi | WinMo Onchain |
|---|---|
| SPY (spot S&P 500) | sSPX |
| SSO (2x S&P 500) | sSPX-2x |
| SPXL (3x S&P 500) | sSPX-3x |
| SH (-1x S&P 500) | sSPX-1xS |
| SDS (-2x S&P 500) | sSPX-2xS |
| GLD (spot Gold) | sGOLD |
| UGL (2x Gold) | sGOLD-2x |
| GLL (-2x Gold) | sGOLD-2xS |
| BITO (spot BTC) | sBTC |
| BITX (2x BTC) | sBTC-2x |
TradFi has no leveraged ETFs for individual stocks. WinMo creates them onchain (sAAPL-2x, sTSLA-3x, sNVDA-2xS, etc.).
- Deposit — User deposits USDC into a vault, receives an ERC-20 token
- Hold — The vault manages the underlying position (real asset for spot, perp position for leveraged/inverse). Daily rebalancing maintains precise leverage. Four-layer safety system prevents liquidation.
- Redeem — Redeem tokens at Net Asset Value anytime. No lock-ups.
- Spot tokens — Backed by the real underlying asset. No perps involved.
- Leveraged tokens (2x, 3x) — Vault opens a leveraged long perpetual futures position.
- Inverse tokens (-1x, -2x) — Vault opens a short perpetual futures position.
- All tokens are ERC-20s on Arbitrum. Hold in any wallet, trade on any DEX, compose with any DeFi protocol.
| Layer | Trigger | Action |
|---|---|---|
| Daily Rebalance | Every day at market close | Resets leverage to target. Margin resets to 50%. |
| Intraday Threshold | Leverage drifts outside allowed band | Keepers trigger intraday rebalance |
| Emergency Ripcord | Underlying drops 12.5%+, leverage > 2.5x | Deleverages to 1.5x. Callable by anyone. |
| Circuit Breaker | Leverage exceeds 3.0x | Closes all positions. Minting paused. |
Liquidation would require a 47.5% single-day drop with zero rebalancing. No major asset in recorded financial history has ever dropped that much in a single day.
IndexCoop's FLI proved demand ($200M AUM) but used Aave lending for leverage. It was:
- 5-10x more expensive to rebalance (Uniswap 0.3% vs 0.03% on perps)
- Limited to 2 crypto assets (ETH, BTC only)
- Long only (no inverse exposure)
- Dependent on Aave governance (no control over own leverage engine)
- Sunset due to structural costs
WinMo uses perp-based architecture — direct leverage, unlimited asset coverage, both long and inverse, 10x cheaper rebalancing.
- App: app.winmo.xyz
- Website: winmo.xyz
- Twitter/X: @winaborat