Perpetual Futures — Leveraged Long & Short Trading via Hyperliquid | DeFiMara

What Are Perpetual Futures?

Perpetual futures (perps) are leveraged contracts with no expiry. Go long (bet on price rising) or short (bet on price falling) with up to 50x leverage on crypto assets.

Powered by Hyperliquid

DeFiMara integrates with Hyperliquid, the highest-volume on-chain perpetuals exchange. No CEX, no custody — all positions are verifiable on-chain.

How to Trade Perps

Type a command like "open a 2x long on ETH with $500" or "short BTC with 5% of my portfolio at 3x leverage". DeFiMara handles margin, execution, and monitoring.

Supported Assets

BTC, ETH, SOL, ARB, and dozens of other assets listed on Hyperliquid.

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November 20256 min read

Perpetual Futures — Go Long or Short with Leverage

What Are Perpetual Futures?

Perpetual futures (perps) let you take a leveraged bet on an asset's price — without actually holding the asset. You can go long (bet the price rises) or short (bet the price falls) with up to 50× leverage on Hyperliquid.

Unlike traditional futures they have no expiry date — your position stays open as long as you keep enough collateral to cover it.

💬 Example commands

  • "long BTC 10x"
  • "short ETH 5x leverage"
  • "open a perp position on SOL long"
  • "long 50 USDC on BTC 3x"
  • "short BTC 2x"

Powered by Hyperliquid

Hyperliquid is the largest on-chain perpetuals exchange by volume — a purpose-built L1 with CEX-like performance and full on-chain transparency.

  • Sub-second trade finality
  • Billions of dollars in daily volume
  • BTC, ETH, SOL and 100+ other markets
  • Up to 50× leverage
  • Fully non-custodial

Important: Collateral Flow

Perps use USDC collateral on Hyperliquid — not the underlying coin. When you say "long BTC 10x" you are betting on BTC's price, but you don't need BTC in your wallet. Defimara skips the balance check for the underlying coin and routes you to deposit USDC collateral into Hyperliquid via the UI.

How It Works

  1. State your position — coin, direction (long/short), and leverage.
  2. Defimara calls trade_perp — no balance check on the underlying asset needed.
  3. Hyperliquid executes — your order is placed on Hyperliquid's order book instantly.
  4. Monitor & close — your position is live; add collateral, adjust leverage, or close via natural language.

Risk Notice

Leveraged trading amplifies both gains and losses. A 10× long position is liquidated if the price drops 10%. Only trade with funds you can afford to lose, and always set appropriate stop-losses.

Long or short — one sentence is all it takes.

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