What is ANSEM?
ANSEM is a memecoin on the Solana blockchain, named after and associated with the crypto trader and commentator known as Ansem. Like most memecoins, it has no underlying business or cash flow, and its activity centers on its online community and wider crypto culture. One contract references one token.
The para:ANSEM perpetual tracks the price of ANSEM, settles in USDC and never expires. It is listed on Paragon, a builder exchange: a market run by an outside team on Hyperliquid's order book. You can go long or short with up to 3× leverage, around the clock.
Contract details
- Market
para:ANSEMon Paragon (builder exchange)- Tracks
- The price of ANSEM
- Settlement
- USDC, no expiry
- Leverage
- 3× at any size
- Margin
- Isolated only
- Size step
- 1 ANSEM
- Funding
- Paid every hour
- Fees on Hypurr Desk
- 0.0925% market, 0.0475% limit
- Trading hours
- Around the clock, every day
Size a ANSEM trade from its stop
Hypurr Desk asks where your stop goes and how much of your account you are willing to lose there, then works out the size. An example at 0.052640, from when this page was built:
- Account
- $1,000.00
- Risk
- 1% = $10.00
- Stop
- 2% below entry, at 0.051587
- Size
- 9173 ANSEM ($482.33)
- Loss at the stop, fees included
- $10.00
- Leverage
- 3× isolated, $160.78 margin
The stop sets the loss, not the leverage: leverage only decides how much margin the position ties up. Move the stop and the size follows, so a wider stop means a smaller position and the same loss. The stop is placed on the exchange with the entry. How risk sizing works.
Questions about ANSEM
What is the maximum leverage on ANSEM?
3×. Hypurr Desk sizes each order from your stop, so the leverage follows from how much you choose to risk.
How often is funding paid on ANSEM?
Every hour. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs. The current rate is shown at the top of this page.
What does it cost to trade ANSEM on Hypurr Desk?
At the exchange's base tier, 0.0925% of the position value for market orders and 0.0475% for limit orders that rest on the book, including the 0.025% Hypurr Desk fee. There is no subscription and no sign-up.
Do I own ANSEM when I trade this market?
No. A perpetual tracks the price of ANSEM and settles gains and losses in USDC. You never hold the coins, and positions can be closed out if losses use up their margin.
