DeFi Token Perpetuals
Trade UNI, AAVE, MKR, CRV, COMP, SNX, LDO and other DeFi-token perpetuals.
DeFi tokens give holders governance rights and (sometimes) cash flows from the protocols they govern. Hyperliquid offers perpetuals on the largest DeFi names — Uniswap, Aave, MakerDAO, Curve, Synthetix, Compound, Lido — letting you trade DeFi narratives without holding the underlying.
All defi perpetuals on Hyperliquid
| Deployer | |||||||
|---|---|---|---|---|---|---|---|
 Uniswap UNI | Hyperliquid | $6.93 | -7.74% | $22M | +0.0012% | 10x | Trade |
 Aave AAVE | Hyperliquid | $150.24 | -6.76% | $8.1M | -0.0001% | 10x | Trade |
 Curve CRV | Hyperliquid | $0.31976 | -6.15% | $8.0M | +0.0013% | 10x | Trade |
 Lido LDO | Hyperliquid | $0.38192 | -11.80% | $2.1M | +0.0013% | 5x | Trade |
 Compound COMP | Hyperliquid | $21.97 | -6.02% | $200k | +0.0013% | 5x | Trade |
 Synthetix SNX | Hyperliquid | $0.21723 | -9.44% | $164k | +0.0013% | 3x | Trade |
How defi perpetuals work
When you open a perpetual position you don't take delivery of the underlying asset. You're posting margin against a contract whose price tracks the underlying. Profits and losses are settled in USDC on Hyperliquid as the price moves.
Hyperliquid runs a fully on-chain order book with sub-second matching. Every trade, fill, and funding payment is verifiable on the Hyperliquid L1 chain. There are no off-chain matching engines, no withdrawal queues, and no custodian holding your funds.
Liquidiction routes orders through Hyperliquid as a builder code, which means you sign trades from your own wallet and Hyperliquid charges a small builder fee on close. Funding is paid hourly. Liquidations occur if your margin falls below the maintenance threshold.