> ## Documentation Index
> Fetch the complete documentation index at: https://help.arcus.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Why does leverage vary by market?

It's set to each market's liquidity and volatility. Deep, high-volume names absorb liquidations with little slippage and carry the highest leverage; thinner or more volatile markets carry tighter limits, since liquidations there cost holders more in slippage.