Hyperliquid Launches ASTER/USDC Perpetual Contracts with 3x Leverage
The new trading pair offers perpetual futures exposure to ASTER against USDC, with up to three times leverage available to traders.
USDC
HYPE
Summary
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Terms & Concepts
- Perpetual Contract: A type of futures contract in cryptocurrency trading with no expiration date, allowing traders to hold positions indefinitely.
- Leverage: A trading feature that allows investors to control a larger position with a smaller amount of capital, amplifying both potential gains and losses.
- USDC: A USD-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the U.S. dollar.