Hype University
Learn the basics of crypto, memecoins, and perpetual futures, including leverage, margin, funding rates, fees, liquidation, and risk.
Learn how adding or removing USDC margin affects effective leverage, available balance, and liquidation price on an open Hype perps position.
Learn how perps funding rates work on Hype, why longs or shorts pay, and how hourly funding affects your perps cash balance.
Move USDC from your token cash balance to your perps cash balance on Hype so you can use USDC as collateral for perps trading.
Learn the difference between initial margin and maintenance margin on Hype perps, and how isolated margin limits risk to each position.
Understand how leverage works on Hype perps, how it affects gains and losses, and why higher leverage increases liquidation risk.
Understand what triggers liquidation on Hype perps, how mark price is used, and what happens to margin when a position is liquidated.
Understand how Hype separates token cash and perps cash balances, how to transfer USDC between them, and how withdrawals work.
Learn how eligible users place market perps trades on Hype, including asset selection, long or short direction, leverage, margin, and confirmation.
Understand the major risks of trading perpetual futures on Hype, including leverage, liquidation, funding costs, volatility, on-chain finality, and protocol risk.
Set take profit and stop loss triggers on Hype perps, understand mark price triggers, and learn why fills may differ from trigger prices.
See how Hype perps trading fees work, how fees differ from funding payments, and what minimums apply to transfers and positions.
Memecoins are cryptocurrencies inspired by internet memes, and represent the fun side of crypto.
Learn what perpetual futures are on Hype, how long and short positions work, how USDC collateral backs perps, and why leverage increases risk.