Position
Select option to trade PURRDAT (PURRDAT)
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Info
24h Volume
Open Interest
1h Funding
About PURRDAT Perpetual Futures
The PURRDAT-USD perpetual contract lets you trade PURRDAT with up to 10x 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.
PURRDAT is a tokenized equity perpetual. It gives you leveraged long or short exposure to PURRDAT stock-price movements on-chain, settled in USDC, without owning shares or opening a brokerage account.
As of the latest update, PURRDAT-USD trades at $6.70 (+0.96% over the last 24 hours), with $149.61K in 24-hour volume, $7.24M in open interest, and an hourly funding rate of 0.0243%.
Perpmate provides real-time PURRDAT-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading PURRDAT perpetuals.
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FAQ
What is leverage on PURRDAT-USD perpetuals?
Leverage lets you control a larger position with less capital. With 10x leverage, a $100 entry controls $1,000.00 of PURRDAT-USD. It increases both potential profit and risk.
What happens if I long or short PURRDAT (PURRDAT)?
If you long PURRDAT (PURRDAT) 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 PURRDAT (PURRDAT)?
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 PURRDAT (PURRDAT) 24/7?
Yes. Unlike the stock market's regular 9:30 AM to 4:00 PM ET session, the PURRDAT (PURRDAT) perpetual trades 24 hours a day, 7 days a week, including nights and weekends, when the underlying stock is closed.
Do I own PURRDAT (PURRDAT) shares when I trade the perp?
No. A PURRDAT (PURRDAT) perpetual is a derivative that tracks the price of PURRDAT (PURRDAT). You do not own the underlying shares, have voting rights, or receive dividends. You are simply taking a long or short position on its price movement.