Docs Part 2 · Perpetuals rulesMarkets & leverage
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Markets & leverage

In one line: every Hyperliquid perp, with our own caps on top of the venue's.

Leverage caps#

Asset classKronus cap
BTC & ETH5x
Other crypto2x
Equity perps4x
Commodity perps4x

These are our own caps, applied on top of — never above — the venue's own per-asset maximum. Whichever is lower is what the terminal will let you select.

Maximum leverage is never required.

What is tradable#

Every Hyperliquid perpetual: crypto majors and alts, plus the equity and commodity perps listed on builder-deployed venues. No forex. The live list, with current caps, is on Markets and in the terminal.

Version 1.0 · We never change rules retroactively. Changelog