Hyperliquid DEX is a fully onchain order book perpetuals exchange, a Hyperliquid blockchain native application
What is Hyperliquid DEX?
Hyperliquid DEX is a Hyperliquid blockchain native application allowing users to trade perpetual assets, earn by depositing into vaults, stake $HYPE tokens, and more. It is a fully onchain order book perpetuals exchange, developing a native token standard, spot trading, and permissionless liquidity.
You can start trade on a Hyperliquid DEX with a normal defi wallet or by logging in with your email address. With perpetual contracts, you use USDC as collateral to long or short the token instead of buying the token itself, like in spot trading. Hyperliquid DEX supports trading of 100+ assets, which maximum leverages vary from 3x to 50x. They are added according to community input, and the listing process will be decentralized and permissionless in the future. With perps, the maintenance margin is 50% of the initial margin at max leverage. Hyperliquid DEX offers users a wide range of orders types, such as Market, Limit, TWAP, Stop Loss, etc.
Hyperliquid vaults are fully community-owned. It allows users to create vaults themselves and provide liquidity to the existed vaults to share its profits from trading fees.
As for staking on this platform, you can delegate the native token $HYPE to validators to earn staking rewards.
