Read this first.

Coins launched here are created by anyone, in seconds, with no review. Most go to zero. Liquidity is locked, but the creator and early buyers hold most of the supply and can sell at any time.

A leveraged position can be liquidated in seconds. At 10x, a 10% move against you wipes the collateral. Funding is charged hourly. Fast moves can liquidate you at a price you did not see on the chart.

Your coins never leave your wallet. Perp collateral is held by the Hypad treasury between open and close and paid back to your wallet when you close.

This is new software on a new chain. Bugs are possible.

Nothing here is investment, legal or tax advice. You are responsible for the laws that apply to you.