How do I open and close an Xverse Perps position?

Short answer: Fund margin first, then open a long or short from Xverse Perps. Review liquidation price, margin, and fees on the order screen, then sign with the scoped agent wallet. Close from the same Perps UI. Fills are not guaranteed.

Prerequisites

  1. Margin funded. See How do I fund and withdraw from Xverse Perps?
  2. You understand liquidation and fee risk. See What are the risks of Xverse Perps?

Open a position

Step Action
1 Open Xverse Perps
2 Choose market, long or short, size, and leverage / margin settings the UI offers
3 On order review, confirm: liquidation price, margin, and fees (disclosed Xverse builder fee + Hyperliquid trading fees)
4 Sign the trade with the scoped agent wallet (trade signing only; it cannot withdraw)

Use the fee numbers on the review screen. Do not rely on Support-stated percentages.

Close a position

Step Action
1 Open your open position in Xverse Perps
2 Choose close (full or partial if the UI offers it)
3 Review fees and resulting margin
4 Sign with the agent wallet

After close, funds remain in the Perps margin context until you withdraw with the master key.

What order review should show

Before you confirm, you should see at least:

  • Estimated liquidation price
  • Margin in use
  • Fees, including disclosed Xverse builder fee and Hyperliquid trading fees

If any of these are missing, do not proceed. Update the app or contact Support with a screenshot of the review screen.

Notifications

Push alerts for fills, liquidations, or funding are not promised here. If your Notifications settings and in-app product offer them, enable them there. Otherwise watch positions in-app.

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