What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency that split from Bitcoin in 2017 after a debate over block size. It uses larger blocks so more transactions fit into each one, which keeps fees low for everyday payments. Like Bitcoin, it uses proof-of-work mining, and BCH is used for payments and network fees.
The BCH perpetual tracks the price of Bitcoin Cash, settles in USDC and never expires. It trades on Hyperliquid's main exchange. You can go long or short with up to 10× leverage, around the clock.
Contract details
- Market
BCH, main exchange- Tracks
- The price of Bitcoin Cash
- Settlement
- USDC, no expiry
- Leverage
- 10× up to $20.00M, 5× above $20.00M
- Margin
- Cross or isolated
- Size step
- 0.001 BCH
- Funding
- Paid every hour
- Fees on Hypurr Desk
- 0.07% market, 0.04% limit
- Trading hours
- Around the clock, every day
Size a BCH 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 287.80, from when this page was built:
- Account
- $1,000.00
- Risk
- 1% = $10.00
- Stop
- 2% below entry, at 282.04
- Size
- 1.611 BCH ($463.72)
- Loss at the stop, fees included
- $9.99
- Leverage
- 10× cross, $46.37 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 BCH
What is the maximum leverage on BCH?
10×. Larger positions get less: above $20.00M the maximum is 5×. 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 BCH?
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 BCH on Hypurr Desk?
At the exchange's base tier, 0.07% of the position value for market orders and 0.04% 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 BCH when I trade this market?
No. A perpetual tracks the price of Bitcoin Cash and settles gains and losses in USDC. You never hold the coins, and positions can be closed out if losses use up their margin.
