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How to trade perpetual futures (perps) on Pass App

Go long or short with up to 40x leverage on popular markets, powered by Hyperliquid

Updated over 2 weeks ago

Perpetual futures (or perps) let you speculate on crypto price movements without owning the asset. In Pass App, you can now trade perps on top markets like ETH, BTC, and SOL, using an intuitive, mobile-first interface powered by Hyperliquid, one of the biggest perp trading platforms in crypto.

Whether you're new to leveraged trading or a seasoned degen, Pass App makes it simple, safe, and smarter — with your AI agent always ready to help.


What are perpetual futures (perps)?

Perpetual futures, or perps, are a type of crypto derivative that lets you trade the price movement of assets — like ETH, BTC, or SOL — without owning the asset itself.

Unlike traditional futures, perps never expire, and you can:

  • Go long (if you think the price will rise)

  • Go short (if you think it will fall)

  • Use leverage to amplify your position (up to the market’s max)

In Pass App, trading perps is designed to be fast, simple, and mobile-first.


Why use Pass App to trade perps?

  • Go long or short on dozens of tokens (powered by Hyperliquid)

  • Use leverage to increase trade size and potential gains

  • Earn Pass Perks every time you trade

  • Learn directly from your agent before making a trade (analysis agent coming soon)

  • Place limit orders and set take profit & stop loss so you stay in control

  • No separate platform needed — it’s all inside your wallet


How to trade perps in Pass App

Trading in Pass App is easy! Just open the Trade section at he bottom of the home screen to get started.

💡Hyperliquid perpetual trading uses USDC on Arbitrum, so you’ll need to get some tokens if you don’t have any.

1. Add funds to your trading account

  • Tap Add funds

  • Deposit USDC on Arbitrum. If you don’t have any, you can buy some with credit card or any other token in your wallet.

  • Make a minimum deposit of $10 (after fees)

2. Choose your market and position

  • Select a market (e.g. ETH-USD)

  • Tap “Long” (price up) or “Short” (price down)

  • Select order type:

    • Market (execute immediately at current price)

    • Limit (set a future entry price)

  • Enter the amount (in USD)

  • Adjust your leverage (default: 1x)

3. Set optional orders

  • Take profit (TP): lock in gains at a set price

  • Stop loss (SL): protect yourself from losses

4. Review and confirm

  • Double check position details

  • See fees and liquidation price

  • Swipe to confirm and enter your passkey to place your trade


How to manage and close your position

  • View open positions from the Trade dashboard

  • Monitor PnL (profit/loss), margin, and liquidation risk

  • Adjust or remove your TP and SL orders

  • Tap “Close long” or “Close short” to exit the trade

🎉 If you close with a profit, you’ll get a shareable Pass App-branded image showing your win and Perks earned!


Get notified in real time

Pass App will notify you when:

  • A trade is filled or fails

  • Take profit or stop loss is triggered

  • A liquidation occurs


Why is trading unavailable in my region?

Due to certain regulations, perpetual futures trading is restricted in some regions (like the USA). For a full list of restricted regions, check out Hyperliquid’s Terms of Use.


👏 You’re all set to start trading smarter with perps on Pass App. Learn with your agent, trade with confidence, and grow your edge in web3.

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