Perps lets you go long or short on crypto, stocks, indices and commodities with leverage, straight from Pairity. Orders go to Hyperliquid, the largest on-chain perpetual futures exchange: it matches them on its order books and handles margin, funding and liquidation. Pairity is the front end; it never holds your funds.
Leverage can wipe out your margin
Markets#
| Group | What | Max leverage |
|---|---|---|
| Crypto | BTC, ETH, SOL, HYPE and about 200 more (Hyperliquid’s main market) | Up to 40x (BTC); each market has its own cap |
| Stocks & commodities | Tesla, Nvidia, Apple, indices, gold, oil and more (the XYZ market on Hyperliquid) | Up to 30x on indices, 20x or less on single stocks |
Some stock markets are isolated-margin only. Prices, funding and open interest on the page come live from Hyperliquid.
Your perps account#
You don’t need a new wallet. Your Solana wallet signs a “Sign in with Solana” message for pairity.wtf (it moves no funds); that signature becomes your Hyperliquid account key, in your browser. The first time you confirm it twice, which proves your wallet always gives the same signature: the same wallet then always opens the same account, on any device, so there is no seed phrase to back up. Wallets with Sign in with Solana (Phantom, Solflare, Backpack) and email login are supported.
- Account key: rebuilt from your wallet’s signature when it is needed (setup and withdrawals) and kept in memory only. Never sent to Pairity.
- Trading key: a separate key stored in this browser and approved once. It can place and cancel orders, and nothing else: Hyperliquid does not let it withdraw or transfer. That is why trades need no wallet pop-ups.
Only sign the perps message on pairity.wtf
Deposits and withdrawals#
Deposit SOL or USDC from your Solana wallet: one transaction, and it arrives as USDC margin on Hyperliquid in about a minute. Withdrawals go the other way and arrive as SOL or USDC in your wallet. Both are bridged by Relay (relay.link), which charges a small fee shown before you confirm.
- Minimum deposit: about $10. Hyperliquid takes a one-time activation fee from a new account’s first deposit.
- Minimum withdrawal: 5 USDC. A withdrawal asks your wallet to sign the perps message again (the account key is never stored).
Fees#
| Fee | Rate | Paid to |
|---|---|---|
| Hyperliquid trading fee | 0.045% taker (market orders), 0.015% maker (resting limit orders), on the position value | Hyperliquid |
| Pairity fee | 0.05% of the position value, on opening and closing | Pairity (Hyperliquid builder code) |
| Funding | Paid every hour between longs and shorts; rate shown on the page | The other side of the market |
| Bridge fee | Shown before each deposit / withdrawal | Relay |
The Pairity fee is a Hyperliquid builder code: you approve its maximum once, it is attached to each order, and you can revoke it on Hyperliquid at any time.
Placing a trade#
- Pick a market, Long or Short, and Market or Limit.
- Enter your margin in USDC and choose the leverage. Position value = margin × leverage; the minimum is $10.
- Optional: a take-profit and a stop-loss. They are placed with the order and close the whole position at market when hit.
- Cross margin uses your whole balance to keep positions open; isolated margin risks only that position’s margin.
Liquidation price
The order form shows an estimate. The real level depends on your other positions (cross margin) and on funding, and is shown live next to each open position.
Where perps are not available#
Perps are not offered to people in the United States, Ontario (Canada), countries under sanctions, or the Russian-occupied regions of Ukraine, nor over Tor. Using a VPN to get around this breaks the terms.
Questions#
I cleared my browser. Are my funds gone?
No. Sign the perps message with the same wallet and the same account opens; you only re-approve the trading key once.
Can Pairity move my funds or close my positions?
No. Only your keys can sign for your account. Hyperliquid itself liquidates positions whose margin runs out.
Is this financial advice?
No. Nothing on Pairity is financial advice.