Synthetic perpetuals on HyperEVM
Toro Trade
- 1000× maximum leverage
- 0 spread, funding or opening fee
- 1 onchain pool takes the other side
- 100% settled onchain on HyperEVM
Trade BTC, ETH and more against one onchain USDC pool, at the midpoint of Hyperliquid's order book.
Payout lens
What would I take home on a +0.50% BTC move at 100×?
- Profit paid to you
- +$42.31
- Back to your balance
- $142.31
- Position size
- $10,000.00
- Raw price PnL
- +$50.00
- Share of the win you keep
- 84.6%
- Liquidated after
- 0.95% against you
reference price Computed with the same settlement maths as the contracts, launch parameters, priced from $100,000.00.
Small wins are haircut hardest; past roughly a 1% move you keep about 86–88%. A loss costs only the loss.
Trade this setup- Pool size
- --
- Markets listed
- --
- Open interest
- --
Read from ToroLens on HyperEVM Testnet
Every claim has a proof
Claim
Priced at Hyperliquid's mid
Proof
Each block the contract reads the best bid and ask from Hyperliquid's BBO precompile. BTC mid now: --.
What it means for you
Entry and exit use (bid + ask) / 2, so you pay no spread and no funding.
Claim
One pool, owned by its users
Proof
The pool holds --, paid in by losing trades.
What it means for you
A losing trade mints rebate tokens; stake them for a share of what the pool earns.
Claim
Leverage up to 1000×
Proof
Each market's limit is set in the onchain registry. Highest today: --.
What it means for you
At 1000× a 0.05% move against you liquidates the whole margin.
Claim
Your exit stays yours
Proof
Withdrawals are a direct call to the vault at 0xFEeb...899f.
What it means for you
No admin, keeper or relayer can block a withdrawal.
Before you trade
Gasless by design
Sign once; the relayer submits and pays gas. Direct wallet calls stay available for every action.
Open source
Contracts, settlement maths and this site are public. Every parameter carries its evidence grade.
Open source ↗Testnet first
This site runs on HyperEVM testnet with test USDC. Mainnet opens after an external audit.
Real risk
High leverage means a small move can liquidate your margin. Winning trades are haircut; read how before you trade.
Read the risks
Questions
Where does the price come from?
From Hyperliquid's order book. The contract reads the best bid and ask through a HyperEVM precompile in the block your trade lands, and uses their midpoint for entry and exit.
Who is on the other side of my trade?
One USDC pool. Losing trades pay into it and winning trades are paid from it. If the pool is short, the rest of a payout waits in a first-in, first-out queue paid by later losses.
Why is a winning trade paid less than the raw move?
Wins pass a small deadband and a haircut that shrinks as the move grows, then a 2% fee on what remains. Small, fast wins are haircut most. The payout lens above shows the exact figure.
When am I liquidated?
When the mid reaches your bust price, a little before your margin is fully used. At 1000× that is a move of about 0.05% against you.
Do I need gas?
No. You sign an order and the relayer submits it. A trading key in your browser can sign trades for up to 30 days; it can never withdraw or move funds.
Can anyone freeze my funds?
No. Withdrawing is a direct call to the vault contract that no admin function touches, and it works without the relayer.