Read funding before direction
If you cannot explain who pays whom, you are not in a perp. You are in a costume.
A perpetual is a loan against your attention. Budget both the money and the attention.
Perpetuals are the default adult toy in crypto venues. No expiry, a funding clock, a liquidation engine with no sense of humor. OpenFidex can put analysis next to that toy. It cannot put a pillow under it.
If you are here, you probably already wanted perps. This page will not talk you out of the category. It will talk you out of treating funding as a footnote and liquidation as a rare disease.
Use this as a checklist. None of it is a trading recommendation.
If you cannot explain who pays whom, you are not in a perp. You are in a costume.
Literally look at it. If the UI shows an estimate, treat it as a cliff, not as a decoration.
Hold through sleep only if the thesis includes funding and a gap. Otherwise you wanted spot or a flat book.
A highlight is not collateral. See the leverage URL for the sermon on dials.
The 24/7 page exists. Perps are why it had to.
If funding already annoys you, use that path instead.
Large traders on perps can be educational and contagious. Do not catch their size.
If a reduce exists, it is because you signed a rule or you signed a new ticket. Not because a model panicked for you.
Whatever the venue currently offers in-app. This page is the mechanic, not a symbol dump.
You can intend to. You can also get run over by the move you were renting. That is not a product promise.
Sometimes the stock-shaped market is a derivative with similar teeth. Read that ticket like a perp until the spec proves otherwise.
Because this is the toy people actually click, daily, on their phones, at 1 a.m.
No. OpenFidex is a non-custodial software interface. A wallet is created in your browser, you keep the keys, and you cryptographically sign every order before it reaches a third-party venue such as Hyperliquid. The software does not take custody of assets and does not submit transactions unless you sign them.
Nearby guides on the same topic — different intent, different copy.
Create an account with your email. You sign every transaction from your own wallet.