HydraPerps is a trading operations platform for perpetual futures: multi-exchange execution, live market data, leverage control and strategy automation in the browser and Telegram Mini App.

Which exchanges can I connect?

Hyperliquid, Katana, RISEx, TxFlow and Nado. Monitor markets, manage positions and orders, and run disciplined strategies from one console.

No identity verification on the platform itself. Exchange-level requirements depend on each connected venue.

Yen Carry Trade Mechanics and Unwind Risk

Understand the yen carry trade, why the yen has served as a funding currency, how global assets become linked, and why unwinds can move quickly.