Meme Coin Perpetuals
Trade DOGE, SHIB, PEPE, WIF, BONK and other meme perps.
Meme coins are reflexive, social-media-driven assets. They can move 50% in a day on a tweet. Hyperliquid offers perpetuals on the largest memes — DOGE, SHIB, PEPE, WIF, BONK, FLOKI, PNUT, POPCAT — with the leverage and 24/7 access that match how the underlying actually trades.
All meme perpetuals on Hyperliquid
 Dogecoin DOGE | $0.11343 | +3.07% | $50M | +0.0013% | 10x | Trade |
 dogwifhat WIF | $0.2165 | -1.70% | $1.4M | +0.0013% | 5x | Trade |
 Popcat POPCAT | $0.06391 | -5.18% | $529k | +0.0013% | 3x | Trade |
 Peanut the Squirrel PNUT | $0.05839 | -1.13% | $269k | -0.0011% | 3x | Trade |
DOGE DOGE | $0.11343 | +2.68% | $20k | -0.0020% | 10x | Trade |
How meme 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.