Perps
Review markets, leverage, margin and liquidation risk.
Perpetual futures on foom use Hyperliquid. Trading depends on the markets and order controls enabled for your account.
Markets
The market directory includes crypto and stock-linked perps. Use the current market list to check what is available. A stock-linked perp is a derivative, not ownership of company shares.
Before an order
- Complete the location and eligibility checks shown by the app.
- Review any request to approve foom’s trading fee.
- Fund Perps cash, which is separate from Tokens cash.
Where direct Arbitrum funding is offered, the minimum deposit is $5. Do not send less than the stated minimum. Direct withdrawals to Arbitrum have a $1 minimum. Transfers between Tokens and Perps use different limits.
Review and place an order
The minimum order notional is $10. Notional means the position size including leverage, not just the cash you put up.
Review the side, size, leverage, margin, liquidation estimate and fees before signing. Use only the order types and position controls available on the ticket. Check open orders and positions before retrying an uncertain submission.
Risk and costs
Leverage magnifies losses. Liquidation can consume your margin. Funding payments, venue fees and foom’s fee can affect your result; see Fees. A liquidation estimate is not a guaranteed exit price.