Perpetuals: long or short, with leverage on Hyperliquid
Take directional risk with leverage on Hyperliquid without leaving Axiom. Deposit, size the trade in USDC, pick leverage and manage it from the same interface you use for spot.
| Pair | Side | Size | Entry | Mark | Liq. | PnL |
|---|---|---|---|---|---|---|
| SOL-USDC | Long 10x | 4,000 USDC | 182.40 | 188.10 | 168.02 | +124.8 |
| ETH-USDC | Short 5x | 2,500 USDC | 3,410 | 3,388 | 3,742 | +16.1 |
| BTC-USDC | Long 3x | 1,200 USDC | 64,820 | 64,410 | 48,100 | -7.6 |
How it works
- 01
Deposit
Fund your perps account through the built-in deposit flow. Withdrawals use the same route in reverse.
- 02
Choose a pair and a side
Pick the market, then long or short. The decision is direction first, size second.
- 03
Set size and leverage
Enter the position size in USDC and choose your leverage, then confirm. Nothing is hidden behind a second screen.
- 04
Manage the position
Positions, Open Orders and Trades tabs track the position with live PnL from open to close.
Spot and perps in one account
Running spot on one platform and perps on another means two interfaces, two mental models and two places to check when the market moves. It also means the hedge is always one context switch away from being too late.
Axiom integrates Hyperliquid perpetuals directly, so you can go long or short with leverage without leaving the app you are already trading in. The flow is deliberately short: choose a pair, set the size in USDC, pick leverage, confirm.
That matters most when spot and derivatives interact. If you are holding a spot position through an event, opening a short against it should take seconds, not a login.
| Pair | Side | Size | Entry | Mark | Liq. | PnL |
|---|---|---|---|---|---|---|
| SOL-USDC | Long 10x | 4,000 USDC | 182.40 | 188.10 | 168.02 | +124.8 |
| ETH-USDC | Short 5x | 2,500 USDC | 3,410 | 3,388 | 3,742 | +16.1 |
| BTC-USDC | Long 3x | 1,200 USDC | 64,820 | 64,410 | 48,100 | -7.6 |
Three tabs, everything you need to manage risk
The perps interface splits into Positions, Open Orders and Trades. Positions shows what is live with running PnL, entry, mark and liquidation prices, margin and any take profit or stop loss attached. Open Orders shows what is still resting. Trades is the record of what actually happened.
The perps portfolio view adds the longer arc: all-time volume, total PnL, trade count and account value. Spot and perps dashboards stay separate so a good week in one does not disguise a bad week in the other.
- Positions with entry, mark and liquidation prices
- Margin and TP/SL visible on the position
- Open Orders and full trade history
- Perps portfolio: all-time volume, total PnL, trade count, account value
Leverage is a risk multiplier, not an edge
Leverage magnifies both directions. A liquidation price is a live number, not a warning label, and it moves with your margin. Axiom shows it on the position so it stays part of the decision rather than something you discover after the fact.
If you want to sit out volatility rather than trade it, you can convert holdings to USDC in two clicks, or move capital into yield and earn up to 15% APY with instant withdrawals while you wait for a setup.
| Token | Bought | Sold | Remaining | PnL % |
|---|---|---|---|---|
| VERTEX | 120 SOL | 60 SOL | 1.9M | +41% |
| NOVA | 40 SOL | 40 SOL | 0 | +188% |
| QUARK | 18 SOL | 6 SOL | 220K | -9% |
Keep reading: the Docs: trading on Hyperliquid covers the exact settings, and Why Y Combinator backed Axiom walks through how traders use it in a session. Fees, cashback tiers and the referral structure are on pricing.
Perpetuals questions
Perpetuals are powered by the Hyperliquid integration, so orders route to Hyperliquid's onchain order books while you stay inside the Axiom interface.
No. Perps trading runs from the same Axiom account and wallet setup you use for spot, with a shared view of balances.
On Hyperliquid. Axiom integrates it directly, so you place and manage the trade from the Axiom interface.
Position size is set in USDC. You choose your leverage before confirming the trade.
Deposit and withdraw flows are built into the perpetuals section, so funding the account and taking profits out both happen in-app.
The only trading platform you'll ever need
Discovery, execution, perpetuals, yield and rewards in one non-custodial app. Currently on Solana, with more chains planned.