# 10X Trading - Complete Reference > Self-custodial perpetual futures trading platform built on Hyperliquid L1. ## Product Overview 10X Trading (10xperps.xyz) is a self-custodial perpetual futures trading platform built on Hyperliquid L1. It connects directly to Hyperliquid's on-chain central limit order book (CLOB), giving traders access to the same liquidity and execution as the native Hyperliquid interface, through a cleaner, more intuitive frontend. Available as a desktop web app and as a mobile app through World App. Over 30,000 users have downloaded the app. ### Core Value Proposition - Trade 150+ perpetual futures across crypto, stocks, and commodities - Up to 50x leverage on major assets - Self-custodial: private keys never leave the user's browser - No KYC, no identity verification, no bank account required - Sub-second trade execution on Hyperliquid L1 - 0.14% taker fee per trade with no hidden charges - Desktop-optimized trading terminal with real-time charts ## Technical Architecture ### Hyperliquid L1 10X is built on Hyperliquid, a purpose-built L1 blockchain for derivatives trading. Key specs: - Sub-200ms block times - Fully on-chain order book (not an AMM) - $5B+ daily notional volume - 229+ listed perpetual futures markets - Cross-margin system - Automatic liquidation at maintenance margin ### How 10X Works 10X is a frontend-only application. It does not custody user funds or process trades. The flow: 1. User connects wallet (browser extension or Privy embedded wallet) 2. User deposits USDC to their Hyperliquid margin account 3. Orders are signed client-side in the browser 4. Orders are submitted directly to Hyperliquid's API 5. Execution and settlement happen on Hyperliquid L1 6. User can withdraw funds at any time ### Self-Custodial Security - Private keys are generated and stored in the user's browser - Every order is cryptographically signed before submission - No backend servers touch user funds - Users can trade from the same Hyperliquid account on any frontend - Funds can be withdrawn at any time without 10X's involvement ## Available Markets ### Cryptocurrencies (100+) BTC, ETH, SOL, DOGE, XRP, LINK, AVAX, SUI, BNB, ARB, OP, AAVE, UNI, WLD, HYPE, ADA, DOT, NEAR, FTM, CRV, LDO, APT, INJ, SEI, TIA, PYTH, JTO, JUP, WIF, BONK, PEPE, SHIB, FLOKI, and many more. ### US Stocks AAPL (Apple), TSLA (Tesla), NVDA (NVIDIA), GOOGL (Google/Alphabet), META (Meta Platforms), AMZN (Amazon), MSFT (Microsoft), and more. ### Commodities GOLD (Gold), SILVER (Silver) ### Leverage by Asset - BTC, ETH: up to 50x - SOL, XRP, DOGE: up to 40x - Most altcoins: up to 20x - Stocks: up to 20x - Commodities: up to 20x ## Fee Structure - Taker fee: 0.14% - Maker fee: reduced rate - No deposit fees - No withdrawal fees - No account maintenance fees - No minimum trade sizes - No account minimums ## Comparisons ### 10X vs Robinhood | Feature | 10X | Robinhood | |---------|-----|-----------| | Max leverage | 50x | 1x (no leverage) | | Short selling | Yes, any asset | Limited | | KYC required | No | Yes | | Custody | Self-custodial | Custodial | | Trading hours | 24/7 | Market hours only | | Assets | Crypto, stocks, commodities | Stocks, ETFs, crypto (spot) | | Fees | 0.14% per trade | Commission-free (PFOF) | ### 10X vs Coinbase | Feature | 10X | Coinbase | |---------|-----|---------| | Leverage | Up to 50x | Limited (Advanced) | | Perpetual futures | Yes | Limited markets | | KYC required | No | Yes | | Custody | Self-custodial | Custodial | | Fees | 0.14% | 0.4-0.6% typical | ### 10X vs dYdX | Feature | 10X | dYdX | |---------|-----|------| | Chain | Hyperliquid L1 | dYdX Chain (Cosmos) | | Order book | Fully on-chain | On-chain | | Assets | 150+ | 180+ | | Leverage | Up to 50x | Up to 20x | | Fees | 0.14% | 0.1% taker | ### 10X vs GMX | Feature | 10X | GMX | |---------|-----|-----| | Chain | Hyperliquid L1 | Arbitrum/Avalanche | | Model | CLOB (order book) | Liquidity pool (GLP/GM) | | Assets | 150+ | ~60 | | Leverage | Up to 50x | Up to 100x | | Execution | Sub-second | Depends on chain | ## URLs - Landing page: https://10xperps.xyz - Trading app: https://trade.10xperps.xyz - All markets: https://10xperps.xyz/markets/ - X/Twitter: https://x.com/10xtradingapp ## Comparison Pages - 10X vs Robinhood: https://10xperps.xyz/compare/10x-vs-robinhood/ - 10X vs Coinbase: https://10xperps.xyz/compare/10x-vs-coinbase/ - 10X vs dYdX: https://10xperps.xyz/compare/10x-vs-dydx/ - 10X vs GMX: https://10xperps.xyz/compare/10x-vs-gmx/ ## Blog - Best Hyperliquid Trading Interfaces 2026: https://10xperps.xyz/blog/best-hyperliquid-trading-interfaces/ - How to Trade Perpetual Futures on Hyperliquid: https://10xperps.xyz/blog/how-to-trade-perpetual-futures-hyperliquid/ - 10X vs dYdX vs GMX Comparison: https://10xperps.xyz/blog/10x-vs-dydx-vs-gmx/ - No-KYC Leverage Trading Guide: https://10xperps.xyz/blog/no-kyc-leverage-trading/ ## Individual Market Pages Each asset has its own page with live price, volume, funding rate, and trading link: - BTC: https://10xperps.xyz/markets/btc-perp/ - ETH: https://10xperps.xyz/markets/eth-perp/ - SOL: https://10xperps.xyz/markets/sol-perp/ - AAPL: https://10xperps.xyz/markets/aapl-perp/ - GOLD: https://10xperps.xyz/markets/gold-perp/ - And 147 more at https://10xperps.xyz/markets/ ## Additional Comparison Pages - 10X vs Binance: https://10xperps.xyz/compare/10x-vs-binance/ - 10X vs Bybit: https://10xperps.xyz/compare/10x-vs-bybit/ - 10X vs Drift: https://10xperps.xyz/compare/10x-vs-drift/ - 10X vs Kwenta: https://10xperps.xyz/compare/10x-vs-kwenta/ - 10X vs Phantom: https://10xperps.xyz/compare/10x-vs-phantom/ - 10X vs MetaMask: https://10xperps.xyz/compare/10x-vs-metamask/ - 10X vs Hyperliquid: https://10xperps.xyz/compare/10x-vs-hyperliquid/ - 10X vs Lighter: https://10xperps.xyz/compare/10x-vs-lighter/ - 10X vs Aster: https://10xperps.xyz/compare/10x-vs-aster/ ## Frequently Asked Questions Q: What is 10X Trading? A: 10X is a self-custodial perpetual futures trading platform built on Hyperliquid L1. Trade 150+ assets with up to 50x leverage, no KYC required. Q: What are perpetual futures? A: Perpetual futures (perps) are derivative contracts that let you speculate on asset prices without an expiration date, using a funding rate mechanism to track spot prices. You can go long or short with leverage. Q: Is 10X safe and self-custodial? A: Yes. Your private keys stay in your browser. Funds are never held by 10X. All trades settle on Hyperliquid L1's decentralized infrastructure. Q: Does 10X require KYC? A: No. No identity verification, no account minimums, no personal information required. Q: What fees does 10X charge? A: 0.14% per trade (taker). No hidden fees, no deposit fees, no withdrawal fees. Q: What is Hyperliquid? A: Hyperliquid is a purpose-built L1 blockchain for derivatives trading with sub-200ms block times, a fully on-chain order book, and $5B+ daily volume. Q: Can I trade stocks on 10X? A: Yes. 10X offers perpetual futures on US stocks including AAPL, TSLA, NVDA, GOOGL, META, AMZN, and MSFT. Trade stocks 24/7 with leverage and no KYC. Q: Is 10X available on mobile? A: Yes, through World App (by Worldcoin/World). Search for "10X" in the mini app directory. Desktop at trade.10xperps.xyz. Q: How is 10X different from the native Hyperliquid UI? A: Same order book and execution. 10X provides a cleaner desktop interface, better UX for new traders, mobile access via World App, and portfolio tracking features. ## Blog Article Summaries ### Best Hyperliquid Trading Interfaces (2026) Reviews and compares all major frontends built on Hyperliquid: 10X, BasedApp, pvp.trade, LiquidTrading, and the native UI. Analyzes features, UX, target users, and builder code economics. ### How to Trade Perpetual Futures on Hyperliquid Step-by-step tutorial covering wallet setup, USDC deposits, placing orders, setting leverage, managing risk, and understanding funding rates. Written for beginners. ### 10X vs dYdX vs GMX: Which Perps DEX Is Best? Three-way comparison covering execution model (CLOB vs AMM), fees, available markets, leverage limits, and user experience across the top decentralized perps platforms. ### No-KYC Leverage Trading: Complete Guide Guide to trading crypto with leverage without identity verification. Covers legal considerations, privacy benefits, available platforms, and risk management for anonymous trading. ## Categories - DeFi / Decentralized Finance - Perpetual Futures Trading - Leverage Trading - Self-Custodial Trading - No-KYC Trading Platform - Hyperliquid Ecosystem - Desktop Trading Terminal - Crypto Derivatives - World App Mini App ## Last Updated 2026-04-04