ZEN-USD
Position
Select option to trade Horizen (ZEN)
No open position yet
Info
24h Volume
Open Interest
1h Funding
About ZEN-USD
The ZEN-USD perpetual contract lets you trade Horizen (ZEN) with up to 5x leverage on the Hyperliquid decentralized exchange through Perpmate. You can go long if you expect the price to rise or go short if you expect it to fall, all without owning the underlying asset. Positions are settled in USDC and secured by Hyperliquid's onchain order book.
Perpmate provides real-time ZEN-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Horizen (ZEN) perpetuals.
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FAQ
What is leverage on ZEN-USD perpetuals?
Leverage lets you control a larger position with a smaller amount of capital. For example, with 5x leverage, a $100 entry position is like you would have $500.00 worth of ZEN-USD on perpetual contracts. It increases risk but also potential profits.
What happens if I short Horizen (ZEN) perp and price goes up?
If you short Horizen (ZEN), and price goes up you lose money. But if the price goes down, you make money.
What happens if I long Horizen (ZEN) perp and price goes down?
If you long Horizen (ZEN), and price goes down you lose money. But if the price goes up, you make money.
How can I make money if I Long or Short Horizen (ZEN)?
You make money by predicting correctly if ZEN-USD goes up or down, if you long ZEN-USD and it goes up you make money. If you short ZEN-USD and it goes down you make money. Using leverage maximizes gains and risk.
How to avoid being liquidated with Horizen (ZEN) perps?
Make sure your liquidation ZEN-USD price is far away by holding enough USDC in your account to cover the margin. Try not to put all your USDC and leave some margin in balance.