Perpetual Trading Basics
Master the fundamentals of on-chain perpetual futures. Learn how perps work, how they differ from spot, and why traders choose Dexly.
Önemli noktalar
- Perpetual futures let you speculate on an asset's price without owning it, and unlike traditional futures they have no expiry date, so a position can be held as long as margin allows.
- Perps support leverage up to 50x on Dexly and let you go short to profit from falling prices, whereas spot trading means owning the actual token, usually at 1:1.
- The three core mechanics are margin, leverage, and funding rates, and isolated or cross margin with automated liquidation means you can only lose your allocated margin.
- Dexly is a non-custodial interface to over 100 perpetual markets, including BTC, ETH, and SOL, with funds held in Hyperliquid smart contracts and no KYC required.
What are Perpetuals?
Perpetual futures (or "perps") are a type of derivative that allows you to speculate on the future price of an asset without owning the underlying asset itself. They are unique because they have no expiration date—you can hold a position for as long as you want.
Key Takeaway
Perps vs. Spot Trading
In spot trading, you buy and own the actual crypto. In perps trading, you are entering a contract based on the price.
- Ownership: Spot means you own the token; Perps is a price contract.
- Leverage: Perps offer leverage (up to 50x on Dexly); Spot is typically 1:1.
- Direction: You can easily "Short" (profit from price drops) in Perps.
Key Mechanics
Trading perps involves three main concepts: Margin, Leverage, and Funding Rates. Understanding these is essential for any professional trader.
Understand Your Risk
İlk perp'ini Dexly'de aç
Long vs. Short
In traditional markets, you usually profit only when prices go up. In perps, you can profit in any market condition.
Go Long
Buying with the expectation that the price will rise. You profit if the exit price is higher than the entry price.
Go Short
Selling with the expectation that the price will fall. You profit if the exit price is lower than the entry price.
Your First Trade
Follow these four simple steps to execute your first on-chain perpetual trade on Dexly:
Connect Wallet
Connect your MetaMask or Coinbase wallet and bridge USDC to Hyperliquid L1.
Pick a Market
Select an asset from the Market tab. We recommend starting with BTC or ETH.
Analyze & Set
Choose your leverage (keep it low!) and decide on your position size.
Execute
Click Buy (Long) or Sell (Short) and monitor your trade in the dashboard.
Trading on Dexly
Dexly provides a high-performance, wallet-first interface to the Hyperliquid blockchain. Enjoy CEX-like speed with DEX-level security.
İlk perp'ini Dexly'de aç
Perp, spot, kopya ve tahmin piyasaları tek bir hızlı, gözetimsiz uygulamada. Dexly'yi iOS ve Android'de edin, saniyeler içinde başla.
Öğrenmeye Devam Et
Risk Uyarısı: Perpetual vadeli işlemler önemli kayıp riski taşır. Sadece kaybetmeyi göze alabileceğiniz sermaye ile işlem yapın. Dexly gözetimsiz (non-custodial) bir arayüzdür; fonlarınız ve işlem kararlarınız sizin sorumluluğunuzdadır.
Sıkça Sorulan Sorular
İlk perp'ini Dexly'de aç