Hyperliquid Perps Trading
Written By Nansen Team
Last updated About 5 hours ago
Getting Started
What is perpetuals trading on Nansen?
Nansen now supports perpetuals futures (perps) trading via Hyperliquid - one of the leading onchain derivatives venues.
This means you can access leveraged perps positions directly within the Nansen platform, alongside the best Hyperliquid analytics and Smart Money data you already use.
How do I deposit?

It’s super simple.
Deposit from any external wallet
Bridge to Hyperliquid from a connected Solana or Base wallet in-app or
Transfer directly from another Hyperliquid address (HyperCore)
When is this available?
Hyperliquid perps trading is officially available for all users on Jun 9, 2026.
Do I need a separate account on Hyperliquid?
No. Perps trading is integrated directly into Nansen. You don't need to create a Hyperliquid account separately.
Can I use my existing Hyperliquid wallet?
You can deposit to your Nansen wallet directly from another Hyperliquid address (HyperCore).

Is a Pro plan required to access perps trading?
Perps trading becomes available for Pro users from June 1, 2026. All users can access perps trading once it rolls out the following week on Jun 9, 2026.
How are perps fees structured?
Every perps trade is the Hyperliquid base fee plus a Nansen builder fee. Your Points tier sets the builder fee - the higher your tier, the less you pay.
The following are Nansen builder fees per tier:
NOTE: Effective taker fee = Nansen’s builder fee + Hyperliquid base fee
What are the main benefits for trading Hyperliquid perps on Nansen, instead of just Hyperliquid.xyz?
There are three main advantages to trading perps on Nansen.
Research and trade in one place - With Nansen’s data, you can see what traders’ activity/positions (Smart Money, Whales, Public Figures, Top Traders) and make a trade - all in the same place.
Earn Nansen Points on your trading activity (and the higher your tier, the lower trading fees you get)
Earn USDC when people you refer trade, subscribe, or buy API credits (across multiple tiers).
Nansen Points & Rewards
What are the NXP earn rates for perps?
When it comes to trading perps, you get 1 NXP per $400 perps notional traded.
Does leverage affect how many Points I earn?
No - Points are based on notional value, not the margin you deploy.
Trading Risk & Compliance
What are the risks of perps trading?
Perpetuals trading involves leverage, which amplifies both gains and losses. Your position can be automatically liquidated if your margin drops below the required threshold, you can lose your full margin quickly.
Fees are charged on the full notional value of your position, so leverage multiplies their effective cost. Funding rates also apply periodically, meaning you may pay to hold a position even when price isn't moving against you.
Are there any geographic restrictions?
The following countries and regions are restricted from accessing Nansen in respect of trading services: Bhutan, Singapore, Cuba, Iran, North Korea, Syria, certain regions in Ukraine (including Crimea, Donetsk, and Luhansk). Perpetuals trading is additionally unavailable in the US and UK.
Do not use a VPN to bypass geographic restrictions - this violates Nansen's Terms of Service.
Is Nansen providing financial advice through this feature?
No. Nansen provides data and infrastructure for executing trades. Nothing on the platform constitutes financial advice, a recommendation to trade, or a guarantee of any outcome. All trading decisions are yours.