BTC allows 40x, ETH 25x, SOL and XRP 20x. The other 175 active perpetuals run from 3x to 10x. Here is the full list, how the margin tiers cut leverage on very large positions, and what that does to your liquidation.
Max leverage on Hyperliquid depends on the asset and ranges from 3x to 40x. On 28 October 2026 Hyperliquid listed 179 active perpetuals: BTC at 40x, ETH at 25x, SOL and XRP at 20x, 30 perps at 10x, 56 at 5x and 89 at 3x. You may set any whole number from 1x up to the asset’s maximum, and leverage is only checked when you open a position.
The numbers below come from Hyperliquid’s own info API (the meta request, read on 28 October 2026) and its documentation. Limits can change, so check the live maximum leverage on the open interest page or in the calculator.
| Max leverage | Active perps | Which |
|---|---|---|
| 40x | 1 | BTC |
| 25x | 1 | ETH |
| 20x | 2 | SOL, XRP |
| 10x | 30 | AAVE, ADA, APT, ARB, AVAX, BCH, BNB, CRV, DOGE, DOT, ENA, FARTCOIN, HYPE, JUP, kBONK, kPEPE, kSHIB, LINK, LTC, NEAR, ONDO, PAXG, PUMP, SUI, TRUMP, TRX, UNI, WLD, XPL, ZEC |
| 5x | 56 | ALGO, APE, AR, ASTER, ATOM, AVNT, AXS, BERA, CFX, COMP, DASH, DYDX, EIGEN, ENS, ETC, ETHFI, FET, FIL, GRAM, HBAR, ICP, IMX, INJ, JTO, KAITO, kFLOKI, LDO, LIT, MNT, MON, MORPHO, NEO, OP, PENDLE, PENGU, POL, PYTH, RENDER, RUNE, S, SAND, SEI, SPX, STRK, STX, TAO, TIA, VIRTUAL, W, WIF, WLFI, XLM, XMR, ZEN, ZK, ZRO |
| 3x | 89 | 0G, 2Z, ACE, AERO, AIXBT, ALT, ANIME, APEX, AZTEC, BABY, BANANA, BIGTIME, BIO, BLUR, BOME, BRETT, BSV, CAKE, CASHCAT, CC, CELO, CHIP, DYM, FOGO, GALA, GAS, GMT, GMX, GOAT, GRASS, GRIFFAIN, HEMI, HMSTR, HYPER, INIT, IO, IOTA, KAS, kLUNC, kNEIRO, LAYER, LINEA, MANTA, ME, MEGA, MELANIA, MEME, MERL, MET, MINA, MOODENG, MOVE, NIL, NOT, NXPC, ORDI, PEOPLE, PNUT, POLYX, PONS, POPCAT, PROVE, PURR, RESOLV, REZ, RSR, SAGA, SKR, SKY, SNX, SOPH, STABLE, STBL, SUPER, SUSHI, SYRUP, TNSR, TRB, TURBO, UMA, USELESS, USUAL, VVV, WCT, XAI, XTEN, YGG, ZETA, ZORA |
Counts cover Hyperliquid’s main perpetuals only. Markets that other teams deploy on Hyperliquid (HIP-3) have their own limits and are not counted. Delisted perps are left out.
34 of the 179 active perps (BTC, ETH, SOL, XRP and all 30 perps at 10x) use a margin tier table. Below a position value (notional) threshold you get the full maximum; above it, the maximum falls. Every other perp has a single flat limit.
| Perps | Up to | Max leverage | Above | Max leverage |
|---|---|---|---|---|
| BTC | $150M | 40x | $150M | 20x |
| ETH | $100M | 25x | $100M | 15x |
| SOL | $70M | 20x | $70M | 10x |
| XRP | $40M | 20x | $40M | 10x |
| 21 perps: AVAX, LTC, DOGE, SUI, kPEPE, CRV, LINK, BCH, APT, AAVE, WLD, UNI, ADA, NEAR, kBONK, ENA, HYPE, FARTCOIN, TRUMP, PUMP, ZEC | $20M | 10x | $20M | 5x |
| 9 perps: BNB, ARB, TRX, kSHIB, DOT, JUP, ONDO, PAXG, XPL | $3M | 10x | $3M | 5x |
Thresholds are position values in USDC. Hyperliquid’s documentation lists the same tiers, with one difference: its 10x group still names MKR and TON, which the API marks as delisted. The API is the source here, because the documentation says the tiers “can be found in the meta Info response”.
Hyperliquid sets maintenance margin to half of the initial margin at max leverage. At 20x max leverage that is 2.5%; at 40x it is 1.25%; at 3x it is 16.7%. A position is liquidated when account value falls below the maintenance margin on the open notional.
So a position opened at the maximum has less room than its leverage suggests. In isolated margin, a long on a 3x coin opened at 3x is liquidated after a 20% fall, not 33%, and a BTC long at 40x after a 1.27% fall, not 2.5%.
BTC’s first tier is 40x, so its maintenance rate is (1/40)/2 = 1.25%. Its second tier, above $150M, is 20x, a rate of 2.5%. Hyperliquid subtracts a maintenance deduction so the requirement has no jump at the boundary: 150,000,000 × (2.5% − 1.25%) = $1,875,000. At exactly $150M the two formulas agree ($1,875,000). For a $200M BTC position the maintenance margin is 200,000,000 × 2.5% − 1,875,000 = $3,125,000.
ETH works the same way: 2% maintenance rate up to $100M (25x), 3.33% above it (15x), with a deduction of about $1,333,333.
This is our arithmetic from Hyperliquid’s published formula, not a quote from Hyperliquid. For your own position, the Hyperliquid calculator gives the liquidation price from the same rules.
Hyperliquid’s contract specifications tie the largest single order to the asset’s max leverage. A market order can be up to $30,000,000 for assets at 25x or more, $5,000,000 at 20x, $2,000,000 for 10x to under 20x, and $500,000 otherwise. A limit order can be ten times the market limit.
Cross margin is the default: all your positions share the same collateral. Isolated margin is supported, and some assets are “strict isolated”, where margin cannot be removed once added. On 28 October 2026 one active perp on the main dex was isolated-only: XTEN, at 3x, which is strict isolated.
40x, on BTC. Max leverage depends on the asset and ranges from 3x to 40x. On 28 October 2026, 179 perpetuals were active: BTC 40x, ETH 25x, SOL and XRP 20x, 30 perps at 10x, 56 at 5x and 89 at 3x.
40x up to 150,000,000 USDC of position value, then 20x above that, according to Hyperliquid's margin table for BTC read on 28 October 2026.
25x up to 100,000,000 USDC of position value, then 15x above that, according to Hyperliquid's margin table for ETH read on 28 October 2026.
Maintenance margin is half of the initial margin at max leverage. At 20x max leverage it is 2.5%, and across assets it runs from 1.25% (40x assets) to 16.7% (3x assets). Larger positions use a margin tier with its own rate and a maintenance deduction that keeps the total continuous.
Yes. You can set leverage to any integer between 1 and the max leverage of the asset. It is only checked when you open a position.
{"type":"meta"}, fetched 28 October 2026 at 21:54 UTC.WatchCrypto is not affiliated with Hyperliquid. Leverage magnifies losses; this guide is not financial advice.