# Perps

Mass allows you to leverage trade on more than 100 markets on Hyperliquid with up to 40x leverage.

The Mass Perps account is powered by Hyperliquid, the leading decentralized perps exchange! 

To start, you must transfer funds to your Hyperliquid account! 

<figure><img src="/files/hzEyD9JS5wikiJWUkjP0" alt=""><figcaption><p>Perps - Home</p></figcaption></figure>

To start leverage trading, you can:

1. [Open a market order to go short or long on an asset.](/general/perps/market-orders/market-order-short-long.md)
2. [Open a limit order to go short or long on an asset.](/general/perps/limit-orders/limit-order-short-long.md)

Once your order has been filled, you can:

• [Add margin to your position.](/general/perps/market-orders/add-margin.md)

• [Remove margin from your position.](/general/perps/market-orders/remove-margin.md)

• [Adjust the leverage, i.e., decrease or increase your position size.](/general/perps/market-orders/adjust-leverage-size.md)

• [Replace the entire position, i.e, switch the side, add/remove margin, and adjust the leverage.](/general/perps/market-orders/replace-position.md)

• [Edit your take-profit (TP) or stop-loss (SL) orders.](/general/perps/market-orders/edit-tp-sl.md)

• [Fully or partially close your order.](/general/perps/market-orders/close-your-position.md)

If your limit order hasn’t been filled yet, [you can cancel it](/general/perps/limit-orders/cancel-or-replace-a-limit-order.md).


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