Perpetuals
The Perps page on Trojan Terminal, powered by Hyperliquid, lets you trade perpetual futures, monitor markets, view funding rates, and manage your orders.
Fund Your Perp Wallet
Before you can trade, you'll need to move funds into your Perps Wallet.
Click the
buttonSelect the source wallet.
Choose the amount to transfer,
Click the green button to proceed.
Your Perp Wallet balance will update when the transfer completes.
Pick Your Play
Once your wallet is funded you can choose what to trade
Use USDC from your Perp Wallet as collateral to long or short coins or tokens.
Click the asset dropdown menu
to see the full list of markets available for perpetual trading. Review live market data before entering a trade.
Place Your Order
Ready to enter a position? Here's how:
First Choose a direction:
Long: Profit when price increases.
Short: Profit when price decreases.
Next, set your leverage:
Use the leverage slider or enter a multiplier manually.
Note that different assets may have different maximum leverage limits.
Enter order details:
Choose Market or Limit order type.
Select your Margin Mode. Cross shares margin across trades, while Isolated keeps each position separate.
Enter your position size in USDC Either as Buy Amount (collateral) or Order Value (total leveraged exposure). The asset equivalent on the right updates accordingly.
To switch between these modes, tap the small circle icon next to the input field.
(Optional) Set Take Profit (TP) or Stop Loss (SL) parameters for risk management.
Click Long (Asset) or Short (Asset) to confirm your trade.
Manage Positions & Orders
Positions Tab:
Shows all open perpetual positions, with key metrics like size, entry price, mark price, unrealized PnL, funding, and liquidation price.
Tip: Watch your liquidation price closely—if the market moves against your position, consider reducing leverage or adding margin.
Active Orders Tab:
Lists all pending limit or stop orders. You can edit or cancel them directly from this view.
Trade History Tab:
Provides a complete record of executed trades, entry/exit prices, and PnL.
Additional Features
The Perps Page includes several advanced tools and insights.
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