Position
Select option to trade Copper (COPPER)
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Info
24h Volume
Open Interest
1h Funding
About Copper (COPPER) Perpetual Futures
The COPPER-USD perpetual contract lets you trade Copper (COPPER) with up to 20x 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.
Copper (COPPER) is a commodity perpetual. It tracks the underlying commodity benchmark price, giving you leveraged long or short exposure settled in USDC without handling physical delivery or storage.
As of the latest update, COPPER-USD trades at $6.24 (-0.71% over the last 24 hours), with $2.06M in 24-hour volume, $9.60M in open interest, and an hourly funding rate of 0.0006%.
Perpmate provides real-time COPPER-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Copper (COPPER) perpetuals. New to this market? Read our guide: How to Trade Copper Perpetuals.
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FAQ
What is leverage on COPPER-USD perpetuals?
Leverage lets you control a larger position with less capital. With 20x leverage, a $100 entry controls $2,000.00 of COPPER-USD. It increases both potential profit and risk.
What happens if I long or short Copper (COPPER)?
If you long Copper (COPPER) and the price goes up, you make money; if it goes down, you lose money. Shorting is the reverse: you profit when the price falls and lose when it rises. Leverage increases both your gains and your losses.
What happens if I get liquidated trading Copper (COPPER)?
Liquidation happens when the market moves against your position and your margin can no longer cover the loss. The position is closed automatically and you lose your margin. To avoid it, keep enough USDC to back your position, use lower leverage, and set a stop-loss and take-profit.
Can I trade Copper (COPPER) 24/7?
Yes. Traditional Copper (COPPER) futures follow fixed exchange sessions, but the Copper (COPPER) perpetual trades continuously, 24 hours a day, 7 days a week.
What drives the Copper (COPPER) price?
The Copper (COPPER) perpetual tracks the spot price of Copper (COPPER), which moves with global supply and demand, the US dollar, macroeconomic data, and geopolitical events. The perpetual's funding rate also reflects how traders are positioned.