# Dexly > Dexly is a non-custodial trading terminal for perpetual futures and spot markets on Hyperliquid L1. > Full article text for LLMs: https://dexly.trade/llms-full.txt Key facts: - Custody: self-custodial. Dexly does not hold customer funds and cannot withdraw or transfer user assets. - Execution: trades are executed on Hyperliquid; users approve actions with their own wallet. - Data: real-time market and account data via REST + WebSocket. - Wallet connections: MetaMask, WalletConnect. Embedded wallet/login: Privy. - Positioning: Dexly is an interface/terminal; it is not an exchange, broker, or custodian. No investment advice. ## Product - [Trading Terminal](https://dexly.trade/trade): Place perps and spot orders with a pro trading UI. - [Prediction Markets](https://dexly.trade/hyperliquid-prediction-markets): Trade real-world event outcomes (sports, crypto, macro) on Hyperliquid HIP-4 prediction markets — buy YES/NO shares with USDC, settle to $1. - [Copy Trading](https://dexly.trade/copy-trading): Mirror selected leaders with configurable risk limits. - [Leaderboard](https://dexly.trade/hyperliquid/leaderboard): Read-only discovery of top traders by PnL, ROI, and win rate. - [Wallet Explorer](https://dexly.trade/hyperliquid/explorer): Read-only analysis of any wallet's positions, fills, and performance. - [Crypto Prices](https://dexly.trade/hyperliquid/price): Live cryptocurrency prices with real-time data from Hyperliquid. - [Market Overview](https://dexly.trade/market): Browse all tradable assets with real-time pricing and 24h stats. - [Hyperliquid Mobile App](https://dexly.trade/hyperliquid-mobile-app): The Hyperliquid app for iOS and Android — trade Hyperliquid perps, spot, stocks and prediction markets from your wallet, non-custodial and no KYC. - [Hyperliquid Trading Tools](https://dexly.trade/hyperliquid-tools): Free Hyperliquid toolkit — wallet explorer, whale leaderboard, live prices, price alerts, portfolio tracker and copy trading in one place. - [Hyperliquid Alerts](https://dexly.trade/hyperliquid-alerts): Free push notifications for Hyperliquid — price alerts, order fills, liquidation warnings, balance updates and a daily PnL report on iOS and Android. - [US Stocks on Hyperliquid](https://dexly.trade/stocks): Trade Tesla, Nvidia, Apple and SpaceX as on-chain perpetuals — 24/7, long or short, no brokerage account or KYC. Also gold, silver and the S&P 500. - [ABD Borsası Saatleri (TR)](https://dexly.trade/tr/abd-borsasi-saatleri): US market hours in Turkish time with a live session indicator — Nasdaq/NYSE open-close, pre-market, after-hours, 2026 holidays, and the 24/7 tokenized-stock alternative. - [Dexly FAQ](https://dexly.trade/faq): Direct answers about custody, fees, security, Hyperliquid affiliation and the mobile app. - [Download](https://dexly.trade/download): Mobile app landing page and installation links. - [System Status](https://dexly.trade/status): Infrastructure health and uptime. ## Crypto Prices Track live cryptocurrency prices on Hyperliquid with real-time market data. - [All Prices](https://dexly.trade/hyperliquid/price): Live prices for all perpetual and spot markets. - [Bitcoin (BTC) Price](https://dexly.trade/hyperliquid/price/btc-bitcoin): Live BTC price and trading data. - [Ethereum (ETH) Price](https://dexly.trade/hyperliquid/price/eth-ethereum): Live ETH price and trading data. - [Solana (SOL) Price](https://dexly.trade/hyperliquid/price/sol-solana): Live SOL price and trading data. - [Ripple (XRP) Price](https://dexly.trade/hyperliquid/price/xrp-ripple): Live XRP price and trading data. - [Dogecoin (DOGE) Price](https://dexly.trade/hyperliquid/price/doge-dogecoin): Live DOGE price and trading data. - [Cardano (ADA) Price](https://dexly.trade/hyperliquid/price/ada-cardano): Live ADA price and trading data. - [Avalanche (AVAX) Price](https://dexly.trade/hyperliquid/price/avax-avalanche): Live AVAX price and trading data. - [Polkadot (DOT) Price](https://dexly.trade/hyperliquid/price/dot-polkadot): Live DOT price and trading data. - [Chainlink (LINK) Price](https://dexly.trade/hyperliquid/price/link-chainlink): Live LINK price and trading data. - [Arbitrum (ARB) Price](https://dexly.trade/hyperliquid/price/arb-arbitrum): Live ARB price and trading data. ## Hyperliquid Perpetual Futures Leaderboard Track the best perpetual futures traders on Hyperliquid with real-time rankings and performance analytics. ### Leaderboard Features - [Main Leaderboard](https://dexly.trade/hyperliquid/leaderboard): Real-time PnL rankings of top traders - [Trader Profiles](https://dexly.trade/hyperliquid/leaderboard/{address}): Detailed performance analytics per trader ### Ranking Metrics - **PnL (Profit & Loss)**: Realized gains/losses from closed perps positions in USD - **ROI (Return on Investment)**: Percentage return on capital for the selected time window - **Volume**: Total notional trading volume in USD - **Win Rate**: Percentage of profitable trades (where available) - **Account Value**: Current wallet equity ### Time Windows - **24 Hours**: Short-term performance and recent activity - **7 Days**: Weekly performance and consistency - **30 Days**: Monthly performance and risk management - **All-Time**: Complete trading history and long-term track record ### How to Use the Leaderboard 1. Browse traders sorted by PnL, ROI, or volume 2. Click any trader to view detailed statistics 3. Analyze performance across different time windows 4. Copy profitable traders with one click (via Copy Trading) ### Top Perpetual Traders (Updated Hourly) - https://dexly.trade/hyperliquid/leaderboard/0x7fdafde5cfb5465924316eced2d3715494c517d1 - https://dexly.trade/hyperliquid/leaderboard/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 - Full rankings: https://dexly.trade/hyperliquid/leaderboard ### Perpetual Futures Trading on Hyperliquid Hyperliquid offers perpetual futures (perps) with: - Up to 50x leverage on major assets - Deep liquidity and tight spreads - Low trading fees (maker/taker) - On-chain settlement and verification - No KYC required for trading ### Leaderboard Data Sources All leaderboard data is derived from: - On-chain Hyperliquid transaction data - Real-time position and PnL calculations - Verifiable blockchain records - No self-reported or manipulable metrics ## Hyperliquid Wallet Explorer Track any Hyperliquid wallet address with real-time analytics and portfolio insights. ### Explorer Features - [Wallet Explorer](https://dexly.trade/hyperliquid/explorer): Search and analyze any Hyperliquid address - [Wallet Profiles](https://dexly.trade/hyperliquid/explorer/{address}): Detailed analytics per wallet ### Available Data - **Equity & Balance**: Total account equity, margin, withdrawable funds - **Positions**: Open perpetual positions with PnL, leverage, entry/liquidation prices - **Trade History**: Complete fill history with timestamps and execution details - **Funding Payments**: Funding rate impact on positions - **Portfolio Allocation**: Asset distribution across perps and spot - **Performance Metrics**: Win rate, total PnL, ROI, volume ### Explorer Tabs - **Overview**: Portfolio summary, equity chart, top assets, trade insights - **Positions**: All open perpetual positions with real-time PnL - **Orders**: Pending limit and stop orders - **Balances**: Spot token holdings - **Activity**: Complete trade timeline - **Risk**: Liquidation proximity and risk metrics ### How to Use the Explorer 1. Navigate to the Explorer page 2. Paste any Hyperliquid wallet address (0x...) or ENS name 3. View real-time portfolio analytics, positions, and trade history 4. Click through tabs for detailed breakdown ### Trending Wallets (Updated Hourly) - https://dexly.trade/hyperliquid/explorer/0x7fdafde5cfb5465924316eced2d3715494c517d1 - https://dexly.trade/hyperliquid/explorer/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 - Full explorer: https://dexly.trade/hyperliquid/explorer ### Data Sources All explorer data is derived from: - On-chain Hyperliquid state and event data - Real-time WebSocket feeds for positions and equity - Historical fill and funding data - No self-reported or editable metrics ## Copy Trading Platform Dexly Copy Trading is the leading non-custodial copy trading platform for Hyperliquid perpetual futures. ### Core Features - [Copy Trading Marketplace](https://dexly.trade/copy-trading): Browse and copy verified traders - [Trader Profiles](https://dexly.trade/copy-trading/lead-details/): Detailed performance analytics for each trader - [Performance Tracking](https://dexly.trade/copy-trading/account): Monitor your copy trading results ### How Copy Trading Works 1. Connect your wallet (non-custodial, you keep full control) 2. Browse traders by ROI, PnL, win rate, or volume 3. Select a trader and set your capital allocation (minimum $10 USDC) 4. Trades are automatically mirrored in real-time 5. Stop copying anytime with one click ### Trader Verification All trader statistics on Dexly are: - Derived from on-chain Hyperliquid data - Updated in real-time - Auditable and transparent - Not editable or manipulable ### Risk Controls - Drawdown protection: Auto-stop copying if losses exceed your configurable threshold - Position sizing: Set maximum position size as percentage of your allocated capital - Capital limits: Define exactly how much capital to allocate per trader - Stop-loss orders: Additional protection on individual positions ### Copy Trading Fees - Platform fee: $0 (free to use) - Trading fees: Standard Hyperliquid maker/taker fees only - No hidden costs or profit sharing requirements ### Top Traders (Updated Daily) Browse verified high-performing traders on Hyperliquid: - https://dexly.trade/copy-trading/lead-details/0x7fdafde5cfb5465924316eced2d3715494c517d1 - https://dexly.trade/copy-trading/lead-details/0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 - Full list: https://dexly.trade/copy-trading ### Safety & Compliance - Non-custodial: Funds stay in your wallet at all times - No platform custody risk: Dexly cannot access your funds - Agent wallet authorization: Revocable trading permissions - Transparent fee structure - Risk disclosure: Past performance does not guarantee future results ## Learn Topics - [Perpetual futures](https://dexly.trade/learn/topics/perpetual-futures): A perpetual swap is a futures contract that never expires, kept in line with spot price by periodic funding payments instead of a settlement date. - [Leverage](https://dexly.trade/learn/topics/leverage): Leverage lets you control a position larger than the margin backing it, which magnifies gains and losses in exactly the same proportion. - [Liquidation](https://dexly.trade/learn/topics/liquidation): Liquidation is the forced closure of a leveraged position once losses eat through the margin backing it, and on a perpetual it can happen in seconds during a… - [Funding rates](https://dexly.trade/learn/topics/funding-rates): Funding is the periodic payment that keeps a perpetual contract tracking spot price. - [Order types](https://dexly.trade/learn/topics/order-types): An order type is a set of instructions for how and when a trade executes, and the gap between a market order and a limit order is often the gap between the… - [Margin](https://dexly.trade/learn/topics/margin): Margin is the collateral backing a leveraged position, and Hyperliquid lets you choose whether that collateral is shared across your whole account or walled… - [Fees](https://dexly.trade/learn/topics/fees): Trading has more than one price tag: a maker or taker fee on the trade itself, funding that accrues for as long as a position stays open, and slippage that… - [Shorting](https://dexly.trade/learn/topics/shorting): Shorting is a position that profits when an asset's price falls, the mirror image of going long with the profit and loss flipped. - [Technical analysis](https://dexly.trade/learn/topics/technical-analysis): Technical analysis reads price action itself, rather than news or fundamentals, to judge where a market might go next. - [Orderbooks](https://dexly.trade/learn/topics/orderbooks): The orderbook is the live queue of bids and asks behind every price you see, and its shape tells you things a candlestick never will: where liquidity is thin,… - [Perp metrics](https://dexly.trade/learn/topics/perp-metrics): A perpetual carries its own dashboard of numbers beyond price: open interest, funding rate, mark versus index, and volume, each telling you something a chart… - [Risk management](https://dexly.trade/learn/topics/risk-management): Risk management is the set of rules that decide how much you can lose on any single trade, applied before you open the position, not after. - [Trading psychology](https://dexly.trade/learn/topics/trading-psychology): Trading psychology is the study of why a trader with a sound plan still breaks it under pressure, moving a stop because the price got close, or revenge… - [Trading strategies](https://dexly.trade/learn/topics/trading-strategies): There is no single right way to trade a perpetual, and the approach that fits depends on how much time you have and how much conviction you hold. - [Hedging](https://dexly.trade/learn/topics/hedging): Hedging opens a second position to offset the risk of a first one, which matters when you want to keep a spot holding through a rough period without selling it. - [Dollar cost averaging](https://dexly.trade/learn/topics/dca): Dollar cost averaging buys a fixed amount on a schedule regardless of price, trading the chance of a perfect entry for the certainty of an average one. - [Grid trading](https://dexly.trade/learn/topics/grid-trading): Grid trading places a ladder of buy and sell orders at fixed intervals above and below the current price, so the strategy profits from a market oscillating… - [Trading bots](https://dexly.trade/learn/topics/trading-bots): A trading bot executes a rule set without a person clicking each order, which is useful for a strategy like grid trading that needs constant management but… - [AI trading](https://dexly.trade/learn/topics/ai-trading): AI trading covers a wide range of things in practice, from a simple rule based bot marketed with the word AI to genuine quantitative models trained on price… - [Copy trading](https://dexly.trade/learn/topics/copy-trading): Copy trading mirrors another trader's positions into your own account, sized to your own capital, so you inherit their entries and exits without placing an… - [API trading](https://dexly.trade/learn/topics/api-trading): Hyperliquid exposes a full trading API, making a custom bot or a quant strategy possible instead of clicking buy and sell by hand for every signal. - [Hyperliquid](https://dexly.trade/learn/topics/hyperliquid): Hyperliquid is a Layer 1 blockchain built specifically to run an onchain orderbook fast enough to compete with a centralized exchange, rather than a general… - [HYPE token](https://dexly.trade/learn/topics/hype-token): HYPE is Hyperliquid's native token, used to pay gas on its Layer 1, stake for validator security, and vote on protocol governance, with a portion of exchange… - [Vaults](https://dexly.trade/learn/topics/vaults): A vault on Hyperliquid pools deposits from multiple users into a single strategy run by a leader or an automated system, so your capital sits inside their… - [Mobile trading](https://dexly.trade/learn/topics/mobile-trading): Trading Hyperliquid from a phone means connecting a wallet and authorizing an agent wallet that can place orders on your behalf without asking you to sign… - [Self custody](https://dexly.trade/learn/topics/self-custody): Self custody means your private keys, and therefore your funds, never leave your own wallet, unlike a custodial exchange where the platform holds your balance… - [Wallets](https://dexly.trade/learn/topics/wallets): A crypto wallet holds the private keys that control your funds, and everything you do on Hyperliquid, depositing, trading, and withdrawing, runs through… - [Security](https://dexly.trade/learn/topics/security): Security in self custodied trading is almost entirely about what you sign and where you sign it, since there is no bank to call back a transaction once it's… - [CEX vs DEX](https://dexly.trade/learn/topics/cex-vs-dex): A centralized exchange holds your funds and matches your trade internally, while a decentralized exchange like Hyperliquid settles the trade onchain and never… - [Exchange alternatives](https://dexly.trade/learn/topics/exchange-alternatives): These guides walk through dedicated alternatives to Binance, Bybit, Coinbase, OKX, Kraken, KuCoin, MEXC, Bitget, BingX, dYdX, and GMX, plus the equity focused… - [Crypto regulation](https://dexly.trade/learn/topics/crypto-regulation): MiCA, the EU's crypto framework, has pushed a wave of exchanges to restrict or exit European markets rather than meet its licensing requirements. - [Tokenized stocks](https://dexly.trade/learn/topics/tokenized-stocks): A tokenized stock is an onchain instrument that tracks the price of a real equity like Tesla or Apple, letting you take a position through the same wallet and… - [Pre-IPO](https://dexly.trade/learn/topics/pre-ipo): A pre-IPO company like SpaceX or OpenAI has no public shares to buy on any stock exchange, which is exactly the gap tokenized pre-IPO markets fill by tracking… - [Prediction markets](https://dexly.trade/learn/topics/prediction-markets): A prediction market lets you take a position on the outcome of a real world event, like an election or a sports result, priced as a probability between two… - [Stablecoins](https://dexly.trade/learn/topics/stablecoins): A stablecoin is a token designed to hold a steady value, usually pegged one to one with the US dollar, and it is the unit almost every trade on Hyperliquid is… - [Coin guides](https://dexly.trade/learn/topics/coin-guides): Bitcoin, Ethereum, and Solana trade differently from each other and differently again from a smaller cap asset like Near or Polkadot, in liquidity,… - [Crypto basics](https://dexly.trade/learn/topics/crypto-basics): Before any of the trading mechanics make sense, a handful of terms need to actually mean something to you: what a blockchain records, why market cap isn't the… - [DeFi](https://dexly.trade/learn/topics/defi): DeFi, short for decentralized finance, replaces a bank or brokerage's role with code running on a blockchain, so lending, trading, and holding assets all… - [Beginners](https://dexly.trade/learn/topics/beginners): Getting started on Hyperliquid means a few things happening in order: understanding what a blockchain actually is, getting a wallet funded and bridged to the… ## Learn - [What Is a Stop-Loss Order? How to Use It in Crypto (2026)](https://dexly.trade/learn/what-is-a-stop-loss): A stop-loss is a risk-management order that automatically closes your position once price hits a preset level. - [How to Short Crypto: A Practical Guide to Short Selling (2026)](https://dexly.trade/learn/how-to-short-crypto): Learn how to short crypto in practice, from what short selling means to opening your first short position. - [What Is Liquidation in Crypto Trading? (2026 Guide)](https://dexly.trade/learn/what-is-liquidation): Liquidation is the forced closure of a leveraged position when your margin can no longer cover its losses. - [What Is a Short Squeeze? How It Happens in Crypto (2026)](https://dexly.trade/learn/what-is-a-short-squeeze): A short squeeze is a rapid upward price spike driven by short sellers being forced to buy back their positions. - [Cross Margin vs Isolated Margin: Which Should You Use? (2026)](https://dexly.trade/learn/cross-margin-vs-isolated-margin): A plain-English breakdown of cross margin vs isolated margin for perpetual futures. - [dYdX Alternatives: Best Perp DEXs and Trading Platforms in 2026](https://dexly.trade/learn/dydx-alternatives): dYdX helped pioneer decentralized perpetuals, but traders now compare it against faster, deeper on-chain venues. - [GMX Alternatives: Best Perp DEXs for On-Chain Trading in 2026](https://dexly.trade/learn/gmx-alternatives): GMX pioneered pool-based perpetuals on Arbitrum, but its liquidity-pool design caps depth and market count for active traders. - [eToro Alternatives: Best Platforms for Crypto and Copy Trading in 2026](https://dexly.trade/learn/etoro-alternatives): eToro is a regulated multi-asset broker best known for social copy trading, but it is custodial and its crypto side is limited. - [Webull Alternatives: Best Platforms for Crypto and Perps in 2026](https://dexly.trade/learn/webull-alternatives): Webull is a regulated multi-asset broker for stocks, options and crypto — but it is custodial and light on real on-chain derivatives. - [BingX Alternatives: Best Non-Custodial Perp Platforms in 2026](https://dexly.trade/learn/bingx-alternatives): BingX is a popular custodial exchange known for social and copy trading, but it holds your funds and requires KYC. - [How to Trade OpenAI Stock Exposure On-Chain (2026): What's Real and What Isn't](https://dexly.trade/learn/how-to-trade-openai-stock-on-chain): OpenAI is a private company — there is no public OpenAI stock, and retail investors cannot buy real OpenAI shares on any exchange. - [Best Perp DEX in 2026: Top Decentralized Perpetual Exchanges Ranked](https://dexly.trade/learn/best-perp-dex): A perp DEX lets you trade perpetual futures on-chain without handing custody of your funds to an exchange. - [Best Non-Custodial Crypto Exchanges in 2026 (Keep Your Keys)](https://dexly.trade/learn/best-non-custodial-exchange): A non-custodial exchange lets you trade crypto directly from your own wallet without handing custody to a company. - [Best Copy Trading Platforms for Crypto in 2026](https://dexly.trade/learn/best-copy-trading-platform): Copy trading lets you mirror experienced traders automatically instead of picking every entry yourself. - [KuCoin Alternatives: Best Non-Custodial Trading Platforms in 2026](https://dexly.trade/learn/kucoin-alternatives): KuCoin is a large centralized exchange, but it is custodial and requires KYC. - [MEXC Alternatives: Best Non-Custodial Perp Platforms in 2026](https://dexly.trade/learn/mexc-alternatives): MEXC is a large centralized exchange known for its long list of markets, but it is custodial and its access is shaped by regional rules. - [Bitget Alternatives: Best Non-Custodial Perp & Copy-Trading Platforms in 2026](https://dexly.trade/learn/bitget-alternatives): Bitget is a popular custodial exchange best known for copy trading, but it holds your funds and requires KYC. - [What Is Slippage in Crypto Trading? (2026 Guide)](https://dexly.trade/learn/what-is-slippage): Slippage is the gap between the price you expect and the price you actually get when an order fills. - [What Is Open Interest in Crypto Perps? (2026 Guide)](https://dexly.trade/learn/what-is-open-interest): Open interest is the total value of outstanding perpetual contracts still open in a market. - [How to Read Candlestick Charts: A Beginner's Guide (2026)](https://dexly.trade/learn/how-to-read-candlesticks): Candlestick charts turn raw price into a simple visual: each candle shows the open, high, low, and close for a period. - [What Is a Market Maker in Crypto? (2026 Guide)](https://dexly.trade/learn/what-is-a-market-maker): A market maker continuously quotes buy and sell prices to provide liquidity on an exchange. - [Crypto Trading for Beginners: How to Start in 2026](https://dexly.trade/learn/crypto-trading-for-beginners): Crypto trading for beginners, explained plainly: spot vs perps, order types, risk management, and self-custody. - [How to Trade Bitcoin: A Complete Guide (2026)](https://dexly.trade/learn/bitcoin-trading-guide): Learn how to trade Bitcoin, from spot buying to BTC perpetual futures with leverage. - [How to Trade Ethereum: A Complete Guide (2026)](https://dexly.trade/learn/ethereum-trading-guide): Learn how to trade Ethereum in practice, from buying spot ETH to opening leveraged ETH perpetual positions. - [How to Trade Solana (SOL): A Complete Guide (2026)](https://dexly.trade/learn/solana-trading-guide): Learn how to trade Solana in practice, from spot buying to leveraged SOL perpetual futures. - [How to Trade NVIDIA (NVDA) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-nvidia-on-hyperliquid): NVIDIA (NVDA) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Tesla (TSLA) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-tesla-on-hyperliquid): Tesla (TSLA) is a publicly traded stock you buy through a regulated broker. - [How to Trade XRP: A Complete Guide (2026)](https://dexly.trade/learn/xrp-trading-guide): Learn how to trade XRP, from spot buying to XRP perpetual futures with leverage. - [How to Trade Dogecoin (DOGE): A Complete Guide (2026)](https://dexly.trade/learn/dogecoin-trading-guide): Learn how to trade Dogecoin, from spot buying to DOGE perpetual futures with leverage. - [How to Trade Apple (AAPL) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-apple-on-hyperliquid): Apple (AAPL) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Amazon (AMZN) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-amazon-on-hyperliquid): Amazon (AMZN) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Microsoft (MSFT) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-microsoft-on-hyperliquid): Microsoft (MSFT) is a real publicly traded stock you buy through a regulated broker. - [How to Trade BNB: A Complete Guide (2026)](https://dexly.trade/learn/bnb-trading-guide): Learn how to trade BNB, from spot buying to BNB perpetual futures with leverage. - [How to Trade Cardano (ADA): A Complete Guide (2026)](https://dexly.trade/learn/cardano-trading-guide): Learn how to trade Cardano, from spot buying ADA to ADA perpetual futures with leverage. - [How to Trade Avalanche (AVAX): A Complete Guide (2026)](https://dexly.trade/learn/avalanche-trading-guide): Learn how to trade Avalanche (AVAX), from spot buying to AVAX perpetual futures with leverage. - [How to Trade Google (GOOGL) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-google-on-hyperliquid): Alphabet (GOOGL), the parent of Google, is a real publicly traded stock you buy through a regulated broker. - [How to Trade Meta (META) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-meta-on-hyperliquid): Meta Platforms (META) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Netflix (NFLX) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-netflix-on-hyperliquid): Netflix (NFLX) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Chainlink (LINK): A Complete Guide (2026)](https://dexly.trade/learn/chainlink-trading-guide): Learn how to trade Chainlink (LINK), from spot buying to LINK perpetual futures with leverage. - [How to Trade Polygon (POL): A Complete Guide (2026)](https://dexly.trade/learn/polygon-trading-guide): Learn how to trade Polygon, from spot buying to POL perpetual futures with leverage. - [How to Trade Litecoin (LTC): A Complete Guide (2026)](https://dexly.trade/learn/litecoin-trading-guide): Learn how to trade Litecoin, from spot buying to LTC perpetual futures with leverage. - [How to Trade AMD (AMD) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-amd-on-hyperliquid): AMD (AMD) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Palantir (PLTR) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-palantir-on-hyperliquid): Palantir (PLTR) is a real publicly traded stock you buy through a regulated broker. - [How to Trade MicroStrategy (MSTR) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-microstrategy-on-hyperliquid): MicroStrategy — now Strategy — (MSTR) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Polkadot (DOT): A Complete Guide (2026)](https://dexly.trade/learn/polkadot-trading-guide): Learn how to trade Polkadot (DOT), from spot buying to DOT perpetual futures with leverage. - [How to Trade TRON (TRX): A Complete Guide (2026)](https://dexly.trade/learn/tron-trading-guide): Learn how to trade TRON (TRX), from spot buying to TRX perpetual futures with leverage. - [How to Trade NEAR Protocol (NEAR): A Complete Guide (2026)](https://dexly.trade/learn/near-trading-guide): Learn how to trade NEAR Protocol, from spot buying to NEAR perpetual futures with leverage. - [How to Trade Coinbase (COIN) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-coinbase-stock-on-hyperliquid): Coinbase (COIN) is a real publicly traded stock you buy through a regulated broker. - [How to Trade Robinhood (HOOD) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-robinhood-stock-on-hyperliquid): Robinhood Markets (HOOD) is a real publicly traded stock you buy through a regulated broker. - [How to Trade GameStop (GME) Price Exposure On-Chain (2026)](https://dexly.trade/learn/how-to-trade-gamestop-on-hyperliquid): GameStop (GME) is a real publicly traded stock you buy through a regulated broker. - [What Is a Crypto Airdrop? How They Work (2026)](https://dexly.trade/learn/what-is-an-airdrop): A plain-English guide to crypto airdrops: what they are, why projects run them, the main types, how to position honestly, and how to avoid the scams that target airdrop hunters. - [CEX vs DEX: What's the Difference? (2026 Guide)](https://dexly.trade/learn/cex-vs-dex): A centralized exchange (CEX) holds your funds and matches trades on its own servers; a decentralized exchange (DEX) lets you trade from your own wallet with on-chain settlement. - [What Is a Stablecoin? How They Work (2026)](https://dexly.trade/learn/what-is-a-stablecoin): A plain-English guide to stablecoins: what they are, the main types (fiat-backed, crypto-collateralized, algorithmic), how they are used, and the real risks like de-pegging and issuer exposure. - [How to Bridge Crypto Between Chains (2026 Guide)](https://dexly.trade/learn/how-to-bridge-crypto): A plain-English guide to bridging crypto between blockchains: how bridges work, how to bridge safely, the real risks involved, and how to get funds ready to trade on Hyperliquid. - [What Is DeFi? A Beginner's Guide to Decentralized Finance (2026)](https://dexly.trade/learn/what-is-defi): What is DeFi? A plain-English beginner’s guide to decentralized finance — how trading, lending, borrowing and earning work with smart contracts instead of banks, the core building blocks, the real risks, and where perps DEXs like Hyperliquid fit. - [Crypto Trading Fees Explained: Maker, Taker, Funding & More (2026)](https://dexly.trade/learn/crypto-trading-fees-explained): Trading fees are what you pay to execute a trade. - [What Is a Crypto Wallet? Types, Keys & Safety (2026)](https://dexly.trade/learn/what-is-a-crypto-wallet): A crypto wallet does not hold your coins — it holds the private keys that prove ownership and let you sign transactions. - [What Is Market Cap in Crypto? (2026 Guide)](https://dexly.trade/learn/what-is-market-cap): A plain-English guide to crypto market capitalization: what it means, the formula behind it, how it differs from fully diluted valuation (FDV), and why price alone tells you almost nothing. - [What Is a Crypto Whale? How Big Players Move Markets (2026)](https://dexly.trade/learn/what-is-a-whale): A crypto whale is a person or entity holding a very large amount of a coin or running very large positions. - [Crypto Risk Management: How to Protect Your Capital (2026)](https://dexly.trade/learn/crypto-risk-management): Risk management is the set of rules that keeps any single trade from doing serious damage. - [What Is a Blockchain? A Clear Beginner's Guide (2026)](https://dexly.trade/learn/what-is-a-blockchain): What is a blockchain? A plain-English, beginner-friendly explanation of how blockchains work — blocks, hashing and consensus — plus why they matter, the difference between Layer 1s and Layer 2s, and how blockchains settle trades on DEXs. - [What Is a Perpetual Swap? (Perps Explained, 2026)](https://dexly.trade/learn/what-is-a-perpetual-swap): A perpetual swap ("perp") is a derivative that tracks an asset's price with no expiry date. - [Is Binance Banned in Europe? The MiCA July 1, 2026 Lockout, Explained](https://dexly.trade/learn/is-binance-banned-in-europe): Binance is suspending services for EU residents from July 1, 2026 after failing to secure a MiCA licence and withdrawing its Greek application. - [Is Bybit Banned in Europe? The MiCA Migration to Bybit EU, Explained](https://dexly.trade/learn/is-bybit-banned-in-europe): Bybit is not banned in Europe, but from July 1, 2026 its global platform stops serving EEA residents — who are being moved onto a separate, MiCA-regulated Bybit EU product. - [Is OKX Banned in Europe? The MiCA License and What It Changed](https://dexly.trade/learn/is-okx-banned-in-europe): OKX is not banned in Europe — it holds a full MiCA licence from Malta and is one of the few global exchanges cleared to stay. - [Is KuCoin Banned in Europe? The FMA Onboarding Ban and MiCA Deadline, Explained](https://dexly.trade/learn/is-kucoin-banned-in-europe): In February 2026 Austria’s Financial Market Authority barred KuCoin’s EU entity from onboarding new customers over anti-money-laundering and compliance-staffing failures. - [Is MEXC Banned in Europe? The MiCA Deadline and the Unlicensed Exit, Explained](https://dexly.trade/learn/is-mexc-banned-in-europe): MEXC holds no MiCA licence, so from July 1, 2026 it cannot legally serve residents of the European Economic Area — and for EU users the practical effect is a shutdown of access. - [Is Coinbase Banned in Europe? The MiCA License and What It Changed](https://dexly.trade/learn/is-coinbase-banned-in-europe): Coinbase is not banned in Europe — it holds a full MiCA licence via Luxembourg and is cleared to keep serving EU users. - [Is Kraken Banned in Europe? The MiCA License and What It Changed](https://dexly.trade/learn/is-kraken-banned-in-europe): Kraken is not banned in Europe — it is MiCA-authorised via the Central Bank of Ireland and is one of the major exchanges cleared to stay. - [Is USDT Banned in Europe? Tether, MiCA and the EU Delistings, Explained](https://dexly.trade/learn/is-usdt-banned-in-europe): USDT is not banned for individuals to hold in Europe, but MiCA-licensed EU exchanges are delisting it because Tether never obtained the required e-money-token authorisation. - [Which Crypto Exchanges Are Leaving the EU on July 1, 2026? MiCA, Explained](https://dexly.trade/learn/mica-which-exchanges-leaving-eu-2026): On July 1, 2026 MiCA’s transition period ends and every crypto exchange serving the EEA needs a member-state licence. - [Hyperliquid Trading Bots in 2026: API, Agent Wallets & How They Work](https://dexly.trade/learn/hyperliquid-trading-bots): Hyperliquid exposes a public API and agent wallets, so trading bots — third-party platforms like Hummingbot or your own Python scripts — can place orders on it without ever being able to withdraw your funds. - [Copy Trading vs Trading Bots: Which Is Better in 2026?](https://dexly.trade/learn/copy-trading-vs-bots): Copy trading mirrors a human trader who adapts; a trading bot runs fixed or "AI" logic 24/7. - [Are AI Trading Bots Profitable? An Honest 2026 Reality Check](https://dexly.trade/learn/are-ai-trading-bots-profitable): The honest answer: sometimes, for some strategies in some market conditions — but AI trading bots are not money machines. - [AI Trading & AI Crypto Trading Bots, Explained (2026)](https://dexly.trade/learn/ai-trading-explained): AI trading uses software to read market data, generate signals, and place orders automatically — sometimes with machine learning, often with plain rules dressed up as "AI. - [Algorithmic Trading in Crypto: A 2026 Beginner's Guide](https://dexly.trade/learn/algorithmic-trading-crypto): Algorithmic trading uses pre-coded rules to place and manage crypto orders automatically. - [Crypto Trading Bots: The Complete 2026 Guide](https://dexly.trade/learn/crypto-trading-bots): A crypto trading bot is software that places and manages trades automatically through an exchange API. - [Quant Trading in Crypto: How Quantitative Strategies Work (2026)](https://dexly.trade/learn/quant-trading-crypto): Quant trading uses math, data, and code to find and execute a statistical edge in crypto markets. - [The Hyperliquid API: A 2026 Guide for Bots & Quant Traders](https://dexly.trade/learn/hyperliquid-api-guide): The Hyperliquid API is the public programmatic interface to the Hyperliquid DEX: an Info endpoint for reading data, an Exchange endpoint for placing orders, and a WebSocket for real-time streaming, all authenticated with agent wallets that can trade but never withdraw. - [Best Crypto Trading Bots in 2026 (Honest Guide)](https://dexly.trade/learn/best-crypto-trading-bots): An honest, fair look at the best-known crypto trading bots in 2026 — 3Commas, Pionex, Cryptohopper, Hummingbot and Gunbot — what each is genuinely good for, plus the honest caveat on profitability and the no-code, non-custodial alternative for people who do not want to run a bot at all. - [Grid Trading in Crypto: How Grid Bots Work, When They Win, and When They Bleed](https://dexly.trade/learn/grid-trading-crypto): Grid trading lays a ladder of buy-low and sell-high orders across a price range and profits from oscillation. - [DCA Trading in Crypto: Automated DCA Bots vs Doing It Manually (2026)](https://dexly.trade/learn/dca-trading-crypto): Dollar-cost averaging (DCA) means buying a fixed dollar amount on a fixed schedule, regardless of price. - [How to Build a Crypto Trading Bot: A Practical 2026 Guide](https://dexly.trade/learn/how-to-build-a-crypto-trading-bot): Building a crypto trading bot is a repeatable engineering process: pick a rule-based strategy, choose an exchange with a real API, authorise API/agent-wallet access, backtest, paper-trade, add hard risk controls, then deploy and monitor. - [Tokenized Stocks Explained: Trading Equity Price Exposure On-Chain (2026)](https://dexly.trade/learn/tokenized-stocks-guide): Tokenized stocks and on-chain equity markets let you trade price exposure to a company’s shares without going through a stockbroker — but they are not the same as owning real stock. - [How to Trade Stocks on Hyperliquid (On-Chain): A Practical 2026 Guide](https://dexly.trade/learn/how-to-trade-stocks-on-hyperliquid): You can get price exposure to stock-style markets on Hyperliquid through HIP-3 perpetuals — on-chain derivatives that track an underlying equity, not real shares. - [How to Trade SpaceX Stock (SPCX): Nasdaq Hours or 24/7 On-Chain](https://dexly.trade/learn/how-to-trade-spacex-on-hyperliquid): SpaceX went public on June 12, 2026 — the largest IPO in history — and trades on Nasdaq as SPCX. - [HYPE Token Explained: What It Is, How It Works, and Where It Fits (2026)](https://dexly.trade/learn/hype-token-explained): HYPE is the native token of the Hyperliquid ecosystem, used for governance, staking that secures the HyperBFT proof-of-stake network, and fee and value accrual. - [Thesis Trades: How to Express a Macro View on Dexly](https://dexly.trade/learn/thesis-trades-guide): A thesis trade turns a macro view — a weaker dollar, an AI power crunch, a risk-off market — into a concrete multi-asset position. - [How to Do Pairs Trades on Dexly](https://dexly.trade/learn/pairs-trading-guide): Pairs trading — going long one asset and short a related one — lets you profit from a relative move while cancelling out broad market direction. - [Binance Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/binance-alternatives): Binance is suspending services for EU users on July 1, 2026 after failing to secure a MiCA licence. - [Coinbase Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/coinbase-alternatives): Coinbase is regulated and beginner-friendly, but charges higher retail fees and offers thin derivatives for many users. - [Bybit Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/bybit-alternatives): Bybit is one of the largest derivatives exchanges, but it is custodial, requires KYC and is shaped by regional restrictions. - [OKX Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/okx-alternatives): OKX is a broad, all-in-one centralized exchange that has pursued European MiCA authorization — but it is still custodial and KYC-gated, with availability that differs by region. - [Robinhood Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/robinhood-alternatives): Robinhood is a slick US broker for stocks and crypto, but it is custodial, US-centric and light on real crypto derivatives. - [Kraken Alternatives: Best Crypto Trading Platforms in 2026](https://dexly.trade/learn/kraken-alternatives): Kraken has one of the cleanest security records in crypto, but it is custodial, requires KYC and runs lighter derivatives depth than the biggest perps venues. - [Perpetual Trading Basics](https://dexly.trade/learn/perps-trading-basics): Master the fundamentals of on-chain perpetual futures. - [Leverage and Liquidation](https://dexly.trade/learn/leverage-and-liquidation): Understand how leverage works on Dexly and how to manage your margin to avoid liquidations. - [Funding Rates and Fees](https://dexly.trade/learn/funding-rates-and-fees): Learn how funding rates keep the perp price aligned with spot and understand Dexly low-fee structure. - [Wallets, Agents, and Connection](https://dexly.trade/learn/wallets-agents-and-connection): Everything you need to know about connecting your wallet and setting up a Trading Agent for a seamless experience. - [Deposits, Withdrawals, and Transfers](https://dexly.trade/learn/deposits-withdrawals-and-transfers): Learn how to move your USDC into Dexly and how to bridge back to other chains. - [Governance and HYPE](https://dexly.trade/learn/governance-and-hype): Understand the HYPE token ecosystem, governance processes, and how you can participate in the Hyperliquid L1 evolution. - [Security and Risk](https://dexly.trade/learn/security-and-risk): Deep dive into the L1 security architecture and a comprehensive risk management checklist for on-chain traders. - [Hyperliquid Vaults](https://dexly.trade/learn/hyperliquid-vaults-guide): Learn how to put your USDC to work using native vaults. - [What is Non-Custody?](https://dexly.trade/learn/what-is-non-custodial): Understand the fundamental difference between custodial and non-custodial trading. - [What Is Hyperliquid? The On-Chain Exchange, DEX & HYPE Explained](https://dexly.trade/learn/intro-to-hyperliquid): What is Hyperliquid? A plain-English guide to the Hyperliquid exchange and DEX — an on-chain perpetuals and spot market on its own Layer 1 blockchain — plus the HYPE token and how to trade Hyperliquid non-custodially. - [Understanding Perp Metrics](https://dexly.trade/learn/understanding-perp-metrics): Master the data behind the charts. - [Security Best Practices](https://dexly.trade/learn/security-best-practices): Proactively protect your capital and data. - [How to Copy Trade on Dexly](https://dexly.trade/learn/copy-trading-guide): Learn how to follow top traders on Dexly with automated copy trading. - [Mastering Order Types on Hyperliquid](https://dexly.trade/learn/order-types-explained): A comprehensive guide to every order type on Hyperliquid. - [Spot Trading on Hyperliquid: A Complete Guide](https://dexly.trade/learn/spot-trading-guide): Everything you need to know about buying and selling tokens on Hyperliquid spot markets. - [How to Read an Orderbook: Bid, Ask & Market Depth](https://dexly.trade/learn/reading-orderbooks): Learn to read crypto orderbooks like a pro. - [Position Sizing & Risk Management for Traders](https://dexly.trade/learn/position-management): Learn how to size positions, calculate risk/reward ratios, and manage portfolio risk. - [The Hyperliquid Ecosystem: Tokens, Apps & Community](https://dexly.trade/learn/hyperliquid-ecosystem): Explore the Hyperliquid L1 ecosystem beyond HYPE. - [Technical Analysis Basics for Crypto Traders](https://dexly.trade/learn/technical-analysis-basics): Learn the foundations of technical analysis — candlestick charts, support and resistance, trend identification, and key indicators like RSI, MACD, and EMA. - [Trading Psychology: Mastering Your Mindset](https://dexly.trade/learn/trading-psychology): Understand the psychological traps that derail traders — fear, greed, revenge trading, and FOMO. - [Funding Rate Strategies: Earn Yield on Perpetuals](https://dexly.trade/learn/funding-rate-strategies): Learn how to use funding rates as a trading strategy. - [Hedging With Perpetual Futures: Protect Your Portfolio](https://dexly.trade/learn/hedging-with-perps): Learn how to use perpetual futures to hedge spot holdings, lock in profits, and reduce portfolio risk. - [DCA & Swing Trading: Strategies for Every Market](https://dexly.trade/learn/dca-and-swing-trading): Master two proven trading approaches — Dollar-Cost Averaging for steady accumulation and swing trading for capturing medium-term price moves. - [How to Become a Profitable Crypto Trader](https://dexly.trade/learn/becoming-a-profitable-trader): Learn the realistic path to profitable crypto trading — from understanding win rates and expected value to building a trading plan, keeping a journal, and scaling from paper trading to real money. - [Win Rate, Risk-Reward & the Math of Profitable Trading](https://dexly.trade/learn/win-rate-and-risk-reward): Master the math behind consistent trading. - [The Complete Guide to Crypto Hedging](https://dexly.trade/learn/crypto-hedging-guide): Understand what hedging is, why it works, and how to apply it in crypto. - [What Are Prediction Markets? How They Work in 2026](https://dexly.trade/learn/what-are-prediction-markets): Prediction markets turn questions about the real world into tradeable contracts. - [Is Hyperliquid Safe? An Honest Risk Assessment](https://dexly.trade/learn/is-hyperliquid-safe): A security-minded look at Hyperliquid: who holds your funds, the bridge and validator risks, what actually went wrong with JELLY, and how to trade without getting burned. - [How to Trade the 2026 World Cup on Prediction Markets](https://dexly.trade/learn/how-to-trade-world-cup-prediction-markets): The 2026 World Cup is live. - [HIP-4: How Prediction Markets Work on Hyperliquid](https://dexly.trade/learn/hip-4-outcome-markets-hyperliquid): HIP-4 brings prediction markets to the Hyperliquid L1. - [How to Trade Hyperliquid on Mobile (iOS & Android)](https://dexly.trade/learn/how-to-trade-hyperliquid-on-mobile): Is there a Hyperliquid mobile app? How to trade Hyperliquid perps, spot, stocks, and prediction markets from your phone on iOS and Android, non-custodial and without KYC. - [Best Hyperliquid App: How to Choose One You Can Trust](https://dexly.trade/learn/best-hyperliquid-app): How to pick the best Hyperliquid app — the criteria that actually matter (self-custody, full market coverage, mobile quality, no KYC) and how Dexly measures up. ## Comparisons - [Hyperliquid vs. Aster](https://dexly.trade/compare/hyperliquid-vs-aster): An in-depth comparison of Hyperliquid and Aster Exchange. - [Hyperliquid vs. Lighter](https://dexly.trade/compare/hyperliquid-vs-lighter): A professional comparison of Hyperliquid and Lighter. - [Hyperliquid vs. dYdX](https://dexly.trade/compare/hyperliquid-vs-dydx): A detailed comparison of Hyperliquid and dYdX. - [Hyperliquid vs. GMX](https://dexly.trade/compare/hyperliquid-vs-gmx): Compare Hyperliquid and GMX. - [Hyperliquid vs. Vertex](https://dexly.trade/compare/hyperliquid-vs-vertex): Compare Hyperliquid and Vertex Protocol. - [Hyperliquid vs. Binance Futures](https://dexly.trade/compare/hyperliquid-vs-binance): Compare Hyperliquid DEX with Binance Futures. - [Hyperliquid vs. Jupiter Perps](https://dexly.trade/compare/hyperliquid-vs-jupiter): Compare Hyperliquid and Jupiter Perps. - [Hyperliquid vs. Aevo](https://dexly.trade/compare/hyperliquid-vs-aevo): Compare Hyperliquid and Aevo. - [Hyperliquid vs. Drift Protocol](https://dexly.trade/compare/hyperliquid-vs-drift): Compare Hyperliquid and Drift Protocol. - [Hyperliquid vs. Polymarket](https://dexly.trade/compare/hyperliquid-vs-polymarket): Hyperliquid vs. - [Polymarket vs. Kalshi](https://dexly.trade/compare/polymarket-vs-kalshi): Polymarket vs Kalshi compared by someone who has traded on both: regulation, custody, fees, market types, and which one actually fits where you live and how you hold money. ## Legal - [Terms of Service](https://dexly.trade/legal/terms): Terms, disclaimers, and platform rules. - [Privacy Policy](https://dexly.trade/legal/privacy): Data handling and privacy disclosures. ## Contact - [Website](https://dexly.trade): Primary domain. - [Email](mailto:hi@dexly.trade): Support and inquiries. ## Optional - [iOS App](https://apps.apple.com/app/id6758043578): App Store listing. - [Android App](https://play.google.com/store/apps/details?id=com.dexly.app): Google Play listing. - [DefiLlama](https://defillama.com/protocol/dexly-trade): Protocol profile, TVL and volume metrics. - [Discord](https://discord.gg/bGWDaUe9): Community and support. - [Telegram](https://t.me/dexlydex): Community channel. - [Twitter](https://x.com/dexlytrade): Updates and announcements. - [GitHub](https://github.com/dexlytrade): Public repositories and technical materials. ## External references - [Hyperliquid API Docs](https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api): Underlying protocol API reference. - [Hyperliquid WebSocket Docs](https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/websocket): Realtime streams and endpoints.