Markets
Available markets and maximum leverage, grouped by asset class.
Leverage limits are set by Hyperliquid and may change. Check the market in the app before opening a position.
Crypto
MarketMax. leverage
Commodities
MarketMax. leverage
Stocks
MarketMax. leverage
Indices
MarketMax. leverage
Pre-IPO
Papertrade markets
Where available, Bloxwap also offers Bitcoin and Ethereum markets on Papertrade, a third-party venue on HyperEVM. Papertrade markets trade real USDC. They are not Demo mode, which is Bloxwap's practice trading with virtual funds.
| Market | Tracks | Max leverage | Minimum |
|---|---|---|---|
| pt-BTC | Bitcoin (BTC) | 1000× | $10 margin and $1,000 position |
| pt-ETH | Ether (ETH) | 1000× | $10 margin and $1,000 position |
- Counterparty: every trade settles against Papertrade's liquidity pool (the LP) at Hyperliquid's best bid and offer midpoint. There is no order book and no funding.
- Leverage: Bloxwap offers 10×, 50×, 100×, 250×, 500×, and 1000×, starting at 100×. Papertrade sets the cap, and a lower cap removes the top steps.
- Isolated margin: each position has its own margin. A position is liquidated about 5 bps before its equity reaches zero and loses all of its margin.
- Costs: winning closes pay a deadband, an impact haircut, and a 2% fee; see Fees.
- Availability: mainnet only. Papertrade can pause a market, take it close-only, or queue payouts while its pool is short of funds. Its contracts are upgradeable after a 7-day timelock.
- Where to find them: open Bitcoin or Ethereum and switch the venue from Perpetual to Papertrade in the size and leverage sheet.
Papertrade is a third-party venue with its own risks; read the Terms before trading it.