# HYPE

> HYPE is a trading platform. HYPE Learn publishes educational guides to trading and perpetual futures.

These guides explain market mechanics, execution, costs, and risk. They are educational content, not investment advice. Product availability varies by platform, location, and eligibility. Use the linked article and its source references for context.

## Website
- [HYPE](https://hype.meme/): Product overview
- [Brand facts](https://hype.meme/brand-facts): Product information
- [Product disclosures](https://hype.meme/product-disclosures): Risks and availability

## Learn
- [Learn](https://hype.meme/learn): Trading education hub
- [Perps guides](https://hype.meme/learn/perps): Perpetual futures guide collection
- [Perps, from the beginning](https://hype.meme/learn/perps/perpetual-futures-explained): What you trade, what you own, and why a perpetual contract has no expiry.
- [Your first Perps order on HYPE](https://hype.meme/learn/perps/first-perps-trade): A walkthrough from picking a market to checking what actually filled.
- [Move funds into and out of Perps](https://hype.meme/learn/perps/funding-your-perps-balance): Understand the source wallet, transfer direction, and available collateral before confirming.
- [A five-minute pre-trade check](https://hype.meme/learn/perps/trading-checklist): Build a repeatable review of exposure, execution, costs, and exits.
- [Leverage changes exposure, not conviction](https://hype.meme/learn/perps/leverage-and-position-size): Read position value and margin as two separate numbers.
- [Cross or isolated: where the collateral sits](https://hype.meme/learn/perps/cross-and-isolated-margin): Understand which funds can support a position and which funds can be exposed.
- [What your liquidation price really means](https://hype.meme/learn/perps/liquidation-price): Why the exchange can close a position and why the threshold can move.
- [Build an exit with stop loss and take profit](https://hype.meme/learn/perps/stop-loss-and-take-profit): Understand triggers, execution prices, and the trade-off between market and limit exits.
- [Market or limit: choose the execution trade-off](https://hype.meme/learn/perps/market-and-limit-orders): Decide whether the priority is immediacy or a price constraint.
- [Read the order book before sizing up](https://hype.meme/learn/perps/order-book-and-slippage): Bids, asks, spread, depth, and why your average fill can move.
- [Close a position without opening the opposite trade](https://hype.meme/learn/perps/reduce-only-and-closing): Use reduce-only and verify the remaining size after every exit.
- [Split an entry across a price range](https://hype.meme/learn/perps/scale-orders): How a scale batch distributes size and why each leg needs its own execution check.
- [Spread execution over time with TWAP](https://hype.meme/learn/perps/twap-orders): What a time-weighted order changes—and what it cannot promise.
- [Chase, iceberg, and trailing stops](https://hype.meme/learn/perps/advanced-order-types): Understand what each automated instruction is trying to do before relying on it.
- [Funding: the cost of keeping a perp open](https://hype.meme/learn/perps/funding-rates): Separate recurring funding payments from execution fees and price PnL.
- [The full cost of a Perps trade](https://hype.meme/learn/perps/fees-and-total-cost): Account for fees, spread, slippage, funding, and funding-route costs.
- [HIP-3: understand the market behind the ticker](https://hype.meme/learn/perps/hip-3-markets): Why builder, oracle, and contract details matter for an expanded market list.
- [Stock and commodity exposure without ownership](https://hype.meme/learn/perps/stock-and-commodity-perps): Distinguish price-linked derivatives from shares, bullion, and physical delivery.
- [Dated futures versus perpetuals](https://hype.meme/learn/perps/futures-versus-perps): Compare expiry, ongoing costs, and the contract—not just the asset name.
- [What a spot hedge can—and cannot—offset](https://hype.meme/learn/perps/hedging-spot-with-perps): Use a simple exposure example to understand basis, collateral, and execution risk.
- [Read your PnL without double-counting](https://hype.meme/learn/perps/pnl-and-trade-history): Separate open-position changes, closed trades, funding, and transfers.