Forex perpetuals on Hyperliquid
Forex perpetuals on Hyperliquid are HIP-3 markets: a third-party dex deploys a contract whose price tracks an exchange rate, and it settles in USDC. Take a position on the euro, the British pound or the Japanese yen against the US dollar, long or short, without ever holding the currency. StratiDex opens them from a Telegram chat.
| Market | Price | 24h | 24h volume | Max leverage | Market fee |
|---|---|---|---|---|---|
| Dollar/yenJPY | 157.40 | +0.3 % | 3.1 M$ | 50× | 0.9 bp |
| EuroEUR | 1.12 | −0.4 % | 1.9 M$ | 50× | 0.9 bp |
| British poundGBP | 1.33 | −0.2 % | 222 k$ | 50× | 0.9 bp |
What these markets are, and what they are not
StratiDex reaches 300+ markets on Hyperliquid: 170+ native crypto markets and 150+ HIP-3 markets deployed by third-party dexes; currency pairs belong to the second group. Read the quote before you pick a side: EUR and GBP are priced in dollars (EUR/USD, GBP/USD), so buying them bets on the euro or the pound rising; JPY is quoted as the dollar in yen (USD/JPY), so buying it bets on the yen falling. What you buy is a derivative, not the currency: no bank account, no deposit interest, no delivery. Each deployer adds its own share of the protocol fee: 149 of the 150+ HIP-3 markets add 100 %, and the table above shows every market’s fee.
How to trade them in three taps
In @stratidex_bot, pick the pair, the direction and the amount: three taps. The ticket shows the entry price, your stake and an estimate of the liquidation price (≈) before you confirm. The account is created in your name on Hyperliquid and its private key can be exported at any time; you fund it with USDC on Arbitrum, from $13.00, and the minimum order is $11.00. Each market sets its maximum leverage, shown in the table above; the margin is cross when the market allows it, isolated when it requires it. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back, and the bot alerts you when a position gets close to liquidation. The market fee of each market is in the table above, and our commission is stated in the bot before your first order.
Currency perpetuals trade on Hyperliquid around the clock, weekends included. When the currency markets are closed, the order book is thinner and the price can jump when they reopen.
Frequently asked questions
Do I actually own the currency?
No. A forex perpetual is a derivative settled in USDC: its price tracks the exchange rate, and there is no bank account, no interest and no delivery of euros or yen.
Which currencies can I trade?
The euro (EUR/USD), the British pound (GBP/USD) and the Japanese yen, quoted as USD/JPY: buying JPY means betting that the yen falls against the dollar. The table above lists every currency market.
Can I set a stop loss?
Yes. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back. Without a stop, the position stays open until you close it or it is liquidated.
What do I need to start?
Telegram and USDC on Arbitrum. The account is created in the chat, in your name on Hyperliquid, and its private key can be exported at any time. Each pair has its own maximum leverage, shown in the table above.