The infrastructure your instincts deserve.

Button routes to Hyperliquid for 150+ crypto perpetuals, and to trade.xyz on Hyperliquid for RWA perps — gold, silver, crude oil, the S&P 500, NVDA, TSLA, EUR/USD, and more. All

Real-world asset perpetual futures are on-chain derivative contracts that track traditional assets — stocks, commodities, currencies. Trade.xyz deploys these on Hyperliquid, giving global investors 24/5 access to assets like the S&P 500 with up to 50× leverage, without a brokerage or custodian.

Most RWA markets trade Sunday 6 PM ET through Friday 5 PM ET. Outside session hours, markets enter reduce-only mode — you can close positions but not open new ones. Crypto perps are available 24/7 with no downtime.

Funding rates are periodic payments between longs and shorts that keep the perp price anchored to the underlying asset. A positive rate means longs pay shorts; negative means shorts pay longs. Rates are charged hourly on most markets.

Yes. All positions are collateralised and settled in USDC directly on Hyperliquid’s L1. There is no centralised custodian. Button is built for those who value self-custody and censorship resistance — your funds remain under your control throughout.

Leverage tiers depend on the market. Major crypto perps like BTC and ETH go up to 50×, most large-cap alts up to 20×, and RWA markets range from 10× to 50× depending on liquidity and volatility. Higher leverage amplifies both gains and losses.

Button routes to permissionless on-chain venues. You connect a wallet and trade directly — there is no account sign-up, no identity verification, and no custodian holding your funds. Your jurisdiction’s local rules still apply.

Liquidations are handled automatically by Hyperliquid when your margin ratio falls below the maintenance threshold. Button surfaces real-time liquidation prices so you always know your risk before you open or add to a position.

Button does not add a markup on top of the venue fees. You pay the standard Hyperliquid maker/taker fees plus network gas for on-chain actions — no hidden spreads, no custodial fees, no withdrawal charges.

Hyperliquid is a purpose-built L1 for perpetuals with a fully on-chain order book, sub-second finality, and deep liquidity across 150+ markets. It settles every trade in USDC with no custodian, no bridging, and no off-chain matching — the transparency and performance discretionary traders need without the trade-offs of a CEX.