Navigate to Core.app, and choose Perps.
Choose your Asset at the top
On the trade panel to the right, set Buy or Sell
Buy/Long - If you think the market price will go higher than the entry price.
Short/Sell - If you think the market price will go lower than the entry price.
Then, choose to open a position at Market, or set a Limit.
Market will execute your order at the current market price.
Limit orders will only execute at the price set. It will remain open until the market reaches the set price. See How do I manage Open Orders.
Specify the amount to buy/sell against deposited collateral or use the 25%, 50%, or Max buttons.
Set your Leverage, using the slider or +/- to change in 1% increments, or the 1x, 10x, 20x, 30x and 40x buttons.
Changing the leverage will require you to Approve signing a message.
Review:
Entry Price - the market price your position is opened
Position Size - the size of your position, based on your collateral and leverage
Est. liquidation price - the market price at which your position will be forcibly closed and the collateral lost
Fee - the cost to open your position
After review, confirm with Long / Buy or Short / Sell, at the bottom.
NOTES:
Leverage allows a trader to open a position much larger than the deposited collateral. For example, $100 of collateral with 10x leverage would be a $1000 position. The higher the leverage, the higher potential gains and losses a trade is exposed to. It also determines the estimated liquidation price. The higher the leverage, the closer the estimated liquidation price is to a position's entry price.
A minimum balance of $10 USDC is required to submit orders
Disclaimer
Provided for informational purposes only, without representation, warranty or guarantee of any kind. None of this is an endorsement by Ava Labs, the Avalanche Foundation Limited or any of their respective subsidiaries or affiliates, nor is any of this investment or financial advice. Please review this Notice and conduct your own research.
Core provides a self-custodial wallet interface through which eligible users may access perpetual futures markets powered by Hyperliquid. Core does not operate Hyperliquid and is not the provider of Hyperliquid's perpetual futures services: all perpetual futures contracts are offered, executed, and settled by Hyperliquid or other third parties. Users should review Hyperliquid's terms of service and documentation for full product details, including applicable fees, margin requirements, funding rates, and liquidation mechanics.
Access to perpetual futures through Core is not available in all jurisdictions and is not available to users in the United States, the United Kingdom, or any other jurisdiction where access or use would be prohibited by applicable law, regulation, or Hyperliquid's terms.
Perpetual futures are complex, high-risk leveraged derivatives and are not suitable for all users. Leverage can magnify losses and may result in liquidation and the loss of some or all collateral. Perpetual futures do not provide ownership of the underlying asset or any related rights, including shareholder, voting, dividend, governance, or delivery rights. Users are solely responsible for monitoring their positions, PnL, funding rates, fees, collateral, margin requirements, and liquidation risk, all of which may change frequently and without notice.
For any additional questions, please view our other knowledge base articles or contact a Product Support team member via the chat button. Examples are for illustrative purposes only.