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Dexly - Hyperliquid Copy Trading Platform

Copy trade the best Hyperliquid traders automatically. Follow top performing wallets and mirror their perpetual trading positions in real-time. Non-custodial copy trading with no platform fees.

Popular Perpetual Markets

Trade BTC-PERP, ETH-PERP, SOL-PERP, and HYPE perpetuals on Hyperliquid with up to 50x leverage. Real-time orderbook, professional charting, and advanced order types.

Why Copy Trade on Dexly

  • Non-custodial - You keep control of your funds
  • Real-time position mirroring
  • Verified trader performance and ROI
  • Risk management with drawdown protection
  • No platform fees for copy trading
LearnLeverage and Liquidation

Leverage and Liquidation

Understand how leverage works on Dexly and how to manage your margin to avoid liquidations.

Dexly Research
By Dexly Research
Markets research & editorial team at Dexly
Last updated: 2025-12-25|8 min read
Leverage and Liquidation

Key takeaways

  • Leverage multiplies both profit and loss: with 10x leverage a 1% price move equals a 10% change on your margin, and Dexly supports up to 50x on majors like BTC and ETH.
  • Isolated margin caps risk to the margin allocated to a single trade, while cross margin uses your whole balance as collateral for a lower liquidation price but greater exposure.
  • Liquidation triggers when your account value falls below the maintenance margin requirement; the protocol auto-closes the position and charges a fee to reward liquidators.
  • You can lower your liquidation price at any time by adding margin or adjusting leverage, and a stop-loss is the core tool for limiting downside.

How Leverage Works

Leverage allows you to trade with more money than you actually have in your account. For example, with 10x leverage, a $1,000 deposit allows you to open a $10,000 position.

Simplified Math
Profit/Loss = (Price Change % × Leverage). A 1% move with 10x leverage equals a 10% gain or loss on your margin.

Isolated vs. Cross Margin

Dexly offers two ways to manage your risk:

  • Isolated Margin: Risk is limited to the specific margin you allocated to that single trade. If one position reaches its liquidation price, only that position is closed.
  • Cross Margin: Your entire account balance acts as collateral. This provides a lower liquidation price for individual positions but risks your entire balance.
FeatureIsolatedCross
CollateralSpecific amountFull balance
Liquidation RiskSingle positionEntire account
Best ForHigh leveragePortfolio hedging
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What is Liquidation?

Liquidation happens when your account no longer has enough margin to cover the losses of your open positions.

Automated Safety
The protocol automatically closes positions before they reach zero to maintain market stability.

Risk Management Tips

Successful traders don't just pick winners; they manage losers. Here is a checklist to help you stay in the game:

Use Stop-Loss

Never enter a trade without a predefined exit point for losses.

Start Small

Begin with 2x-5x leverage until you master the platform.

Monitor Margin

Keep an eye on your Margin Ratio in the dashboard stats.

Add Collateral

In isolated mode, you can add margin to a losing trade to lower liquidation.

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Related topics

  • Leverage
  • Liquidation
  • Margin
  • Risk management

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Risk Warning: Trading perpetual futures involves significant risk of loss. Only trade with capital you can afford to lose. Dexly is a non-custodial interface; you are responsible for your own funds and trading decisions.

Frequently Asked Questions

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Contents

1. How Leverage Works2. Isolated vs. Cross Margin3. What is Liquidation?4. Risk Management Tips5. Frequently Asked Questions