Current Price
$0.146
12.60%
24h Volume
$4,080,136
USD Volume
Funding Rate
-0.0044%
Hourly Rate
Open Interest
$1,761,334
12,035,902 INIT
INIT Market Highlights
Asset TypePerpetual Futures (Derivatives)
BlockchainHyperliquid L1
Price BasisUSDC-Collateralized
Max Leverage3x
24h Trading Volume$4,080,136
LiquidityHigh / Institutional Grade
About INIT Perpetuals
INIT trading on Dexly offers a secondary non-custodial interface to the Hyperliquid ecosystem. By trading INIT perpetuals, you can gain exposure to price movements without owning the underlying asset. The market supports up to 3x leverage, allowing for capital-efficient trading strategies.
How Leverage Works
Leverage allows you to control a larger position with a smaller amount of capital. For example, with 10x leverage, a $1000 deposit allows you to trade $10,000 worth of INIT. While this amplifies potential profits, it also increases the risk of liquidation if the price moves against your position.