# Perpetuals Trading

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### Overview

Hyperliquid perps let you trade long or short with leverage. Use market data to plan entries and funding risk. Use conditionals and margin controls to manage liquidation risk.

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Boba Agents trade perpetuals futures on **Hyperliquid.**
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### What you can do

* Long or short perps with up to **50x** leverage
* Market, limit, and conditional order types
* Stop-loss and take-profit automation
* Position and PnL monitoring
* Funding-rate monitoring and carry-style strategies

### Hyperliquid integration

Trade perpetual futures on Hyperliquid with up to **50x leverage** across **100+ assets**. Go long or short on BTC, ETH, SOL, and more from your agent wallet.

{% hint style="warning" %}
Perps are high risk. Start small and cap leverage until your flows are battle-tested.
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### Example prompts

```
Long $100 BTC perps on Hyperliquid.
Short $250 ETH perps with a stop-loss.
Show me the top perp markets by open interest.
Show my open positions and unrealized PnL.
```

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### Core pages

<table data-view="cards"><thead><tr><th>Capability</th><th>Description</th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><h4>Market Data</h4></td><td>Browse markets, funding, order book depth, and historical data.</td><td><a href="perpetuals-trading/market-data">market-data</a></td></tr><tr><td><h4>Place Orders</h4></td><td>Market and limit orders. Long/short. Optional leverage.</td><td><a href="perpetuals-trading/place-orders">place-orders</a></td></tr><tr><td><h4>TP/SL &#x26; Conditionals</h4></td><td>Stop-loss, take-profit, and trigger-based orders.</td><td><a href="perpetuals-trading/tp-sl-and-conditionals">tp-sl-and-conditionals</a></td></tr><tr><td><h4>Leverage &#x26; Margin</h4></td><td>Cross vs isolated margin. Set leverage per symbol.</td><td><a href="perpetuals-trading/leverage-and-margin">leverage-and-margin</a></td></tr><tr><td><h4>Positions &#x26; Orders</h4></td><td>View open positions, open orders, fees, and PnL history.</td><td><a href="perpetuals-trading/positions-and-orders">positions-and-orders</a></td></tr><tr><td><h4>Close &#x26; Cancel</h4></td><td>Close positions and cancel open orders.</td><td><a href="perpetuals-trading/close-and-cancel">close-and-cancel</a></td></tr><tr><td><h4>Trade History</h4></td><td>Fetch fills for audit, analytics, and backtesting.</td><td><a href="perpetuals-trading/fills-and-pnl">fills-and-pnl</a></td></tr><tr><td><h4>Order Types &#x26; TIF</h4></td><td>Reference for order types and time-in-force.</td><td><a href="perpetuals-trading/order-types-and-tif">order-types-and-tif</a></td></tr></tbody></table>

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