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The fastest decentralised perpetuals exchange

Hyperliquid is the leading decentralised protocol for perpetual contract trading. A custom L1 blockchain with lightning-fast speed, zero gas and deep liquidity. No KYC, no registration — just your wallet.

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Why we recommend Hyperliquid

Custom L1

HyperBFT — high-performance blockchain with sub-1-second finality.

Zero gas

Trade perpetual contracts with no gas fees.

No KYC

Decentralised platform — just a Web3 wallet, no documents required.

Deep liquidity

The largest DEX by derivatives trading volume.

Transparency

On-chain order book — all positions and trades are visible on-chain.

HYPE token

The protocol's native token for staking and governance participation.

Step-by-step guide

Follow these steps to open an account and make your first trade.

1

Visit Hyperliquid via our link

2

Connect your Web3 wallet (MetaMask or WalletConnect)

3

Fund your account by bridging USDC from Arbitrum

4

Wait for USDC to appear in your L1 balance

5

Select a trading pair (e.g. BTC-PERP)

6

Set your position size and leverage

7

Open a Long or Short and set SL/TP

8

Monitor your position and close it manually when ready

Important: Cryptocurrency is a high-risk asset. Never invest more than you can afford to lose. Always do your own research.

Frequently asked questions about Hyperliquid

Is KYC required?

No — Hyperliquid is fully decentralised. A Web3 wallet is all you need.

How do I fund my account?

Bridge USDC from Arbitrum via the built-in bridge to the HyperBFT L1.

What is HYPE?

HYPE is Hyperliquid's native token for staking, rewards and protocol governance.

Where are my assets stored?

In your on-chain balance. Hyperliquid has no access to your funds.