What Bust Price means
A leveraged wager can lose its full committed amount before the underlying crypto price makes a large move. Moon uses a Bust Price to show the adverse price boundary in advance. If the relevant reference price reaches that level, the position is settled as lost.
This boundary is useful because it translates an abstract multiplier into a concrete market level. “100x” describes sensitivity; a Bust Price shows where that sensitivity can terminate the wager.
The entry price is where the wager begins. The Bust Price is the adverse boundary. The percentage gap between them describes the wager's practical room for error.
Bust Price for Up and Down
Up position
An Up wager benefits when the referenced price rises. Its Bust Price is therefore below the entry price. A sufficiently large downward movement can reach the boundary.
Down position
A Down wager benefits when the referenced price falls. Its Bust Price is above entry. A sufficiently large upward movement can reach the boundary.
Direction reverses the side of the entry on which the boundary appears; it does not remove leverage risk.
How leverage compresses the distance
A simple teaching approximation is that the adverse percentage distance is around 100 divided by leverage. That produces about 10% at 10x, 2% at 50x, 1% at 100x and 0.1% at 1000x. Real product values can differ.
| Leverage | Simple adverse distance | BTC entry example | Illustrative Up boundary |
|---|---|---|---|
| 10x | ~10% | $74,250 | $66,825 |
| 50x | ~2% | $74,250 | $72,765 |
| 100x | ~1% | $74,250 | $73,507.50 |
| 1000x | ~0.1% | $74,250 | $74,175.75 |
Illustrations exclude fees and execution. They are not live Moon.com values.
Why the live Bust Price can differ
Moon's product summary incorporates more than the bare leverage ratio. Fees, the platform's price source, spread, timing and implementation details can influence the displayed value. Product rules can also evolve.
For that reason, an external calculator is best used for comparison—not confirmation. The correct sequence is to estimate first, then compare the estimate with the live platform and make the decision from the live summary.
At 1000x, ordinary short-term noise may be larger than the distance to a full loss. A correct longer-term direction can still be irrelevant if the price touches the boundary first.
Bust Price checklist
- Record the entry price and direction.
- Read the exact Bust Price shown by Moon.
- Calculate the percentage distance between the two.
- Compare that distance with recent normal volatility.
- Review fees and any holding implications.
- Reduce the wager or leverage if the boundary is uncomfortably close.