Layer-2 Crypto Perpetuals
Trade ARB, OP, MATIC, STRK and other Ethereum L2 perpetuals.
Ethereum layer-2 networks scale Ethereum by batching transactions and posting proofs back to mainnet. Hyperliquid offers perpetuals on the largest L2 tokens (ARB, OP, MATIC, STRK), giving you direct exposure to the L2 thesis without taking on individual-bridge or rollup-specific custody risk.
All layer 2 perpetuals on Hyperliquid
 Starknet STRK | $0.04747 | -3.63% | $3.3M | +0.0013% | 5x | Trade |
 Arbitrum ARB | $0.13288 | -3.25% | $1.9M | +0.0013% | 10x | Trade |
 Optimism OP | $0.14648 | -4.03% | $1.1M | +0.0008% | 5x | Trade |
How layer 2 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.