What is Crypto market cap outside the top 10?
This index measures the combined market value of the 125 largest crypto assets, leaving out the ten biggest. What remains are mid-sized and smaller coins. Traders often watch it as a gauge of appetite for riskier assets beyond the largest cryptocurrencies.
The para:OTHERS perpetual tracks the price of Crypto market cap outside the top 10, 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 10× leverage, around the clock.
Contract details
- Market
para:OTHERSon Paragon (builder exchange)- Tracks
- The price of Crypto market cap outside the top 10
- Settlement
- USDC, no expiry
- Leverage
- 10× at any size
- Margin
- Cross or isolated
- Size step
- 0.01 OTHERS
- Funding
- Paid every hour
- Fees on Hypurr Desk
- 0.115% market, 0.055% limit
- Trading hours
- Around the clock, every day
Size a OTHERS 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 198.06, from when this page was built:
- Account
- $1,000.00
- Risk
- 1% = $10.00
- Stop
- 2% below entry, at 194.10
- Size
- 2.26 OTHERS ($447.64)
- Loss at the stop, fees included
- $9.99
- Leverage
- 10× cross, $44.76 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 OTHERS
What is the maximum leverage on OTHERS?
10×. 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 OTHERS?
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 OTHERS on Hypurr Desk?
At the exchange's base tier, 0.115% of the position value for market orders and 0.055% 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 OTHERS when I trade this market?
No. A perpetual tracks the price of Crypto market cap outside the top 10 and settles gains and losses in USDC. You never hold the coins, and positions can be closed out if losses use up their margin.
