> For the complete documentation index, see [llms.txt](https://docs.mass.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mass.money/general/perps.md).

# Perps

Trade perpetual futures on 270+ markets, directly from your phone.

Mass Perps is powered by Hyperliquid, the leading decentralized perpetuals exchange. That means you get the exact same trading conditions as on Hyperliquid: the same markets, liquidity, execution, and up to 50× leverage.

{% embed url="<https://mass-assets.lon1.cdn.digitaloceanspaces.com/Documentation/Perps_Intro%20.mp4>" %}

Trade across six asset classes:

* Crypto (BTC, ETH, SOL, HYPE, and more)
* Stocks
* Commodities
* Indices
* ETFs
* Currencies

Everything runs in self-custody. Your keys, your funds. No KYC.

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Ready to trade? [Fund your Mass account](/general/getting-started/fund-your-mass-account.md)<br>

To start leverage trading, you can:

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

Once your order has been filled, you can:

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

• [Remove margin from your position.](broken://pages/RUckO1upGW2uvrAvSbmt)

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

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

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

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

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