📄️ Frequently Asked Questions about Hyperliquid Perpetuals on Gem Wallet
Key terms and mechanics for trading perpetual futures on Gem Wallet, including positions, funding, leverage, and more.
📄️ What is Auto Close?
One-tap emergency exit that instantly closes your entire perpetual position at the current market price.
📄️ What is Liquidation Price?
The exact price where your leveraged perps position gets force-closed to save you from losing more than your margin.
📄️ What is Funding Payment?
The tiny fee paid every 8 hours so perpetual prices stay glued to the real spot price.
📄️ What is Open Interest?
The total dollar value of all open perps positions. It shows who’s fighting who—and how hard.