Major Crypto Perpetuals
Trade BTC, ETH, and SOL perpetuals with the deepest on-chain liquidity.
The major-crypto perpetuals (Bitcoin, Ethereum, Solana) are the deepest, most liquid, most-watched markets in the entire crypto-derivatives ecosystem. Hyperliquid offers all three with leading liquidity and full on-chain settlement.
All majors perpetuals on Hyperliquid
How majors 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.