About Perps⁻¹

Perps⁻¹ houses the Perpetual Bull Market by inverting perpetual futures on crypto.

Perps⁻¹ gives traders higher exposure to underperforming crypto and the broader market during bear conditions.

With Perps⁻¹, traders can:

  • Capture unlimited upside on short positions

  • Hedge with reduced liquidation risk

  • Arbitrage funding rates due to decreased funding interest rates

Perps⁻¹ is built on Hyperliquid’s proven perpetuals order book infrastructure and powered by the HIP-3 standard

NextInverse Perps, Hyperliquid, HIP-3

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