Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
HyENA, a new invite-only perpetual DEX built on $HYPE HIP-3 and Ethena Labs, just launched. It uses USDe as margin collateral, allowing traders to earn a boosted 12% APY on eligible long positions while trading. The platform aims to unlock billions in idle stablecoin capital by turning unused collateral into yield. Early users benefit from fee rebates, reward points, and no-cost migration from other exchanges.