The infrastructure your instincts deserve.

Discretionary traders deserve better infrastructure. 210+ perpetual futures on Hyperliquid and trade.xyz — crypto, gold, the S&P 500, NVDA, EUR/USD — on-chain, USDC-settled. Built for traders who move first.

Search any market, preview liquidation, sign once. No account, no email signup, no platform markup, no custodian.

All markets

211 markets
AssetCategoryMark priceFundingLeverageSession
BTC
Bitcoin
BTC-PERP
Crypto$77,3930.0312%50×24/7View
ETH
Ethereum
ETH-PERP
Crypto$2,124.25-0.0104%50×24/7View
SOL
Solana
SOL-PERP
Crypto$85.9650.0201%20×24/7View
HYP
Hyperliquid
HYPE-PERP
Crypto$54.1600.0089%20×24/7View
DOG
Dogecoin
DOGE-PERP
Crypto$0.1030.0180%20×24/7View
WIF
dogwifhat
WIF-PERP
Crypto$0.1940.0411%10×24/7View
PEP
Pepe
PEPE-PERP
Crypto$0.00000370-0.0088%10×24/7View
SUI
Sui
SUI-PERP
Crypto$1.0710.0150%20×24/7View
AVA
Avalanche
AVAX-PERP
Crypto$9.2460.0060%20×24/7View
LIN
Chainlink
LINK-PERP
Crypto$9.602-0.0030%20×24/7View

Questions

What perpetual futures can I trade through Button?

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

What are RWA perpetual futures?

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.

When can I trade RWA perps?

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.

How does the funding rate work?

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.

Is settlement truly on-chain?

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.

What leverage is available across markets?

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.

Do I need KYC to trade on Button?

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.

How are liquidations handled?

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.

What fees does Button charge?

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.

Why does Button route to Hyperliquid?

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.

Browse all perpetual futures

Discretionary traders deserve better infrastructure. 210+ perpetual futures on Hyperliquid and trade.xyz — crypto, gold, the S&P 500, NVDA, EUR/USD — on-chain, USDC-settled. Built for traders who move first.

Crypto perpetuals
BTC — BitcoinETH — EthereumSOL — SolanaHYPE — HyperliquidDOGE — DogecoinWIF — dogwifhatPEPE — PepeSUI — SuiAVAX — AvalancheLINK — ChainlinkXRP — XRPADA — CardanoLTC — LitecoinBCH — Bitcoin CashBNB — BNBTRX — TRONDOT — PolkadotNEAR — NEAR ProtocolAPT — AptosARB — ArbitrumOP — OptimismPOL — PolygonATOM — CosmosFIL — FilecoinETC — Ethereum ClassicICP — Internet ComputerFTM — FantomINJ — InjectiveJUP — JupiterTIA — CelestiaLDO — Lido DAOSEI — SeiPYTH — Pyth NetworkJTO — JitoRENDER — RenderORDI — OrdinalsSTRK — StarknetDYDX — dYdXMANTA — Manta NetworkENS — Ethereum Name ServiceW — WormholeENA — EthenaETHFI — Ether.fiALT — AltlayerPIXEL — PixelsRON — RoninAR — ArweaveMKR — MakerAAVE — AaveCRV — Curve DAOCOMP — CompoundSNX — SynthetixUNI — UniswapAPE — ApeCoinSAND — The SandboxMANA — DecentralandAXS — Axie InfinityGMT — STEPNSTX — StacksRUNE — THORChainCFX — ConfluxEGLD — MultiversXKAS — KaspaGMX — GMXSTORJ — StorjROSE — Oasis NetworkGRT — The GraphIMX — ImmutableENJ — EnjinCHZ — ChilizZEC — ZcashXLM — StellarVET — VeChainTHETA — Theta NetworkALGO — AlgorandFLOW — FlowXTZ — TezosMINA — Mina ProtocolHNT — HeliumPOPCAT — PopcatBONK — BonkSHIB — Shiba InuFLOKI — FlokiBOME — BOOK OF MEMEMEW — cat in a dogs worldBRETT — BrettDEGEN — DegenPONKE — PonkeMOG — Mog CoinTURBO — TurboUSUAL — UsualFARTCOIN — FartcoinACT — Act IGOAT — Goatseus MaximusPNUT — Peanut the SquirrelZEREBRO — ZerebroAI16Z — ai16zMOODENG — Moo DengPENGU — Pudgy PenguinsMOVE — MovementIO — io.netDRIFT — DriftKMNO — KaminoWLD — WorldcoinBLUR — BlurDYM — DymensionPORTAL — PortalTNSR — TensorBEAMX — BeamME — Magic EdenSAGA — SagaWEN — WenSLERF — SlerfREZ — RenzoOMNI — Omni NetworkSAFE — SafePENDLE — PendleRAY — RaydiumEIGEN — EigenLayerZRO — LayerZeroNEIRO — NeiroSCR — ScrollZETA — ZetaChainSUPER — SuperVerseTAO — BittensorAERO — AerodromeBANANA — Banana GunAEVO — AevoARKM — ArkhamGRASS — GrassSPX — SPX6900TRUMP — Official TrumpMELANIA — Melania MemeCHILLGUY — Just a chill guyHMSTR — Hamster KombatCATI — CatizenDOGS — DogsNOT — NotcoinMAVIA — Heroes of MaviaMEME — MemecoinNTRN — NeutronBAL — BalancerYGG — Yield Guild GamesCAKE — PancakeSwapJASMY — JasmyCoinOCEAN — Ocean ProtocolKAIA — KaiaVIRTUAL — Virtuals Protocol
Commodities
GOLD — GoldSILVER — SilverBRENTOIL — Brent CrudeWTIOIL — WTI CrudeNATGAS — Natural GasCOPPER — CopperPLATINUM — PlatinumPALLADIUM — PalladiumURNM — Uranium ETF
Equity indices
SP500 — S&P 500XYZ100 — XYZ U.S. 100JP225 — Japan 225KR200 — Korea 200XLE — Energy Select SPDREWY — iShares MSCI KoreaEWJ — iShares MSCI JapanEWZ — iShares MSCI Brazil
Stocks
TSLA — TeslaNVDA — NVIDIAGOOGL — AlphabetAAPL — AppleMSFT — MicrosoftAMZN — AmazonMETA — Meta PlatformsCOST — CostcoDKNG — DraftKingsHIMS — Hims & Hers HealthLLY — Eli LillyUSAR — USA Rare EarthSKHX — SK hynixSMSN — Samsung ElectronicsBIRD — AllbirdsCBRS — CBRE GroupLITE — Lumentum HoldingsDRAM — DRAM MemoryMRVL — Marvell TechnologyGME — GameStopAMD — Advanced Micro DevicesINTC — IntelMU — Micron TechnologyTSM — TSMCCRWV — CoreWeaveORCL — OracleNFLX — NetflixBABA — AlibabaEBAY — eBayCOIN — CoinbaseHOOD — RobinhoodMSTR — StrategyCRCL — CircleBX — BlackstonePLTR — PalantirRIVN — RivianRKLB — Rocket LabSNDK — SanDiskZM — ZoomHYUNDAI — Hyundai MotorSPCX — SpaceX (pre-IPO)PURRDAT — Hyperliquid Strategies
FX
JPY — USD/JPYEUR — EUR/USDGBP — GBP/USDAUD — AUD/USD

A practical note on getting started. The first real position is almost always smaller than it should be, and that is usually the right instinct. Trading a market is different from reading about it — the order ticket teaches you things the chart cannot. Open a small position on a deep market you understand, hold it through a funding interval or two so you feel the carry directly, and pay attention to how the liquidation price moves relative to the underlying. Once that mental model is solid, scaling up is a tooling decision rather than a learning one. The blog has onboarding, fundamentals, and risk management archives written specifically for the first few months of trading on-chain perpetuals.

A note on risk. Perpetual futures are leveraged instruments. A 1% move against a 20× long erases roughly 20% of the collateral backing that position, and Hyperliquid and trade.xyz both liquidate positions automatically once margin falls below the maintenance threshold. Funding accrues every interval at the rate displayed on the market page and compounds quickly at high leverage. Most experienced traders on these venues size well below the maximum, set explicit invalidation levels before entering, and treat the live liquidation price on the order ticket as a hard constraint rather than a hypothetical. Nothing on this page is investment advice; trading perpetual futures involves substantial risk of loss and is not suitable for all users. Local laws and tax treatments around self-custodial derivatives vary by jurisdiction — readers are responsible for the rules that apply where they live.