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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

Commodities

Stocks

Indices

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.

MarketTracksMax leverageMinimum
pt-BTCBitcoin (BTC)1000×$10 margin and $1,000 position
pt-ETHEther (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.

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