OPCrypto
Optimism perpetual$0.14649▼ −4.02%(−$0.0061)
Trade Optimism
↑ Long OP↓ Short OPRecent OP trades
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If you put in $100...
Practiceat 5× leverage$500 of OP
1×5× max
If OP ↑ 10%
+$50
If OP ↓ 10%
−$50
Liquidated at −20%
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.
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About
Optimism is the attitude or mindset of expecting events to lead to particularly positive, favorable, desirable, and hopeful outcomes. A common idiom used to illustrate optimism versus pessimism is a glass filled with water to the halfway point: an optimist is said to see the glass as half full, while a pessimist sees the glass as half empty. In ordinary English, optimism may be synonymous with idealism—often, unrealistic or foolish optimism in particular.
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 OP 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 Optimism on Hyperliquid?
Click the Long or Short button on this page. You'll be taken to the Hyperliquid trade form for Optimism perpetual where you can size the position, set leverage, and place the order. Settlement is in USDC, on-chain.
What is a Optimism perpetual future?
A Optimism perpetual is a contract whose price tracks the underlying Optimism 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.