LAYER
LAYERCrypto

LAYER perpetual$0.10018 7.27%($0.0078)

Trade LAYER

↑ Long LAYER↓ Short LAYER

Recent LAYER trades

updates every 5s
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If you put in $100...

Practice
at 3× leverage$300 of LAYER
3× max
If LAYER ↑ 10%
+$30
If LAYER ↓ 10%
−$30
Liquidated at −33%

Leverage cuts both ways. Real liquidations can fire before the thresholds shown here if maintenance margin is breached, so treat these as ballpark estimates rather than guarantees.

About

The Japanese music media franchise BanG Dream! features a large ensemble of characters, with its main cast organized into ten all-female bands of five members each. The band Poppin'Party serves as the protagonists of the franchise's anime television series, making their debut in 2015.

Worth knowing

Leverage cuts both ways.

  • You can be liquidated in a single move if your losses exceed your collateral.
  • Funding fees apply every hour, charged by whichever side is more crowded.
  • You don't own LAYER or any underlying claim — no dividends, no voting rights.

Speaking the language

Hover any term for a one-line explanation.

perpetual ?leverage ?liquidated ?funding rate ?mark price ?long ?short ?collateral ?slippage ?

Frequently asked questions

How do I trade LAYER on Hyperliquid?
Click the Long or Short button on this page. You'll be taken to the Hyperliquid trade form for LAYER perpetual where you can size the position, set leverage, and place the order. Settlement is in USDC, on-chain.
What is a LAYER perpetual future?
A LAYER perpetual is a contract whose price tracks the underlying LAYER asset. It has no expiration date. You post margin in USDC and your profit or loss is the price difference between entry and exit, settled in USDC. The funding-rate mechanism keeps the perpetual price aligned with the underlying.
Do I own the underlying asset?
No. Trading a perpetual gives you exposure to the price; you don't own the underlying. You don't receive dividends, voting rights, or any claim on the asset. The position is purely a price bet settled in USDC.
Is this custodial?
No. All trading happens directly on Hyperliquid, a decentralized exchange. Liquidiction is a non-custodial frontend. You sign transactions from your own wallet.

Liquidiction is a non-custodial frontend interface for the Hyperliquid decentralized exchange. We display markets and route user-initiated orders to Hyperliquid; we do not operate an exchange, match orders, or take possession of user funds at any point. Perpetual futures are leveraged products and you can lose more than your initial margin. Nothing on this page is investment, legal, or tax advice. See our Terms and Privacy Policy.

Background information from Wikipedia under CC BY-SA 4.0.