Perpetual Futures
Trade crypto with leverage using perpetual futures contracts. Available directly in Nova Wallet.
Key Terms
Tap the info icons throughout the perpetuals trading interface to learn about:
Leverage
Multiply your position size (e.g., 10x leverage = 10x gains or losses)
Funding Rate
Periodic payments between long and short positions to keep price anchored to spot
Liquidation Price
Price at which your position is automatically closed to prevent further losses
Margin
Collateral required to maintain your position
Risk Warning
HIGH RISK: Perpetual futures trading involves significant risk of loss. Only trade with funds you can afford to lose.
- Leverage amplifies both gains AND losses
- You can lose more than your initial investment
- Market volatility can trigger liquidation
Best Practices
- Start with low leverage (2-5x)
- Always set stop losses
- Monitor your position regularly
- Understand liquidation price before opening positions
Legal Terms & Jurisdictions
Perpetual futures trading is subject to regulatory requirements that vary by jurisdiction.
Regulatory Compliance
Our perpetuals trading is powered by HyperLiquid, which operates under applicable regulatory frameworks. Before trading:
- Verify perpetuals trading is legal in your jurisdiction
- Understand your local tax obligations
- Review HyperLiquid’s terms of service
- Ensure you meet age and residency requirements
Restricted Jurisdictions
Perpetuals trading may not be available in certain jurisdictions due to regulatory restrictions. The platform will notify you if trading is unavailable in your region.
Important Disclaimers
- Not available to U.S. persons or residents in restricted jurisdictions
- Subject to MiFID II in the EU
- Regulated by local derivatives authorities where applicable
- Tax treatment varies by jurisdiction - consult a tax professional
Ensure perpetuals trading is legal in your jurisdiction before using this feature. Nova Wallet is not responsible for violations of local laws.
