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 | |||||||
|---|---|---|---|---|---|---|---|
 Curve CRV | Hyperliquid | $0.26501 | -1.06% | $14M | +0.0013% | 10x | Trade |
 Uniswap UNI | Hyperliquid | $3.78 | -5.25% | $8.3M | +0.0013% | 10x | Trade |
 Aave AAVE | Hyperliquid | $89.78 | +0.94% | $5.0M | +0.0013% | 10x | Trade |
 Lido LDO | Hyperliquid | $0.29164 | -2.12% | $1.0M | -0.0007% | 5x | Trade |
 Synthetix SNX | Hyperliquid | $0.20156 | -5.13% | $194k | +0.0009% | 3x | Trade |
 Compound COMP | Hyperliquid | $16.29 | -0.43% | $97k | +0.0013% | 5x | 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.