W perpetual$0.01466▼ −8.26%(−$0.0013)
Trade W
↑ Long W↓ Short WRecent W trades
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If you put in $100...
Practiceat 5× leverage$500 of W
1×5× max
If W ↑ 10%
+$50
If W ↓ 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
W is the twenty-third letter of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is double-u, plural double-ues.
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 W 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 W on Hyperliquid?
Click the Long or Short button on this page. You'll be taken to the Hyperliquid trade form for W perpetual where you can size the position, set leverage, and place the order. Settlement is in USDC, on-chain.
What is a W perpetual future?
A W perpetual is a contract whose price tracks the underlying W 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.
