Table of Contents
Gem Wallet, a fully self-custody ecosystem, has launched Gem Wallet Perps - perpetual futures trading, live on iOS and Android since June 19, 2026. Go long or short on crypto, stocks, gold, and commodities right in the app, powered by Hyperliquid.
What Are Perpetual Futures?
Perpetual futures - perps for short - are contracts that let you trade on where a price is heading, in both directions, using a contract instead of the underlying asset. They are open-ended, so you can hold a position as long as you like. Go long when you expect a market to rise, go short when you expect it to fall, and apply leverage to control a larger position with less capital.
Why Trade Futures With Gem Wallet?
Gem Wallet Perps is the trading interface, built and designed by Gem Wallet. Your assets stay in your self-custody wallet, and whenever you want to trade you simply move funds to your Hyperliquid balance from inside the app - deposits and withdrawals are built right in - then open positions without ever leaving Gem Wallet. Orders are executed and settled on the Hyperliquid network - a high-performance Layer 1 blockchain and full on-chain DEX that clears over 70% of all on-chain perps volume, with a fully on-chain order book. Here is what that means for you:
- 100+ Markets in One App: Go long or short across crypto, stocks, commodities, and forex - over 100 trading markets, side by side.
- One Wallet for Everything: Open, close, and track your positions right beside your tokens - your whole portfolio in a single app.
- Perps in Your Pocket: Place a long or short in a few taps, from anywhere - the full trading experience lives on your phone, 24/7.
- Stay in Control: Automate your exits with stop-loss and take-profit, and follow live prices, funding rates, and PnL in real time.
Benefits for Gem Wallet Users With Perpetual Futures
Trade in just a few taps. Gem Wallet turns your Perpetuals Wallet into a full on-chain DEX in your pocket, putting leveraged markets at your fingertips while your keys and collateral stay in your hands.
Full Self-Custody: Your private keys stay on your device. Funds rest in your wallet until you sign a trade, and you approve every position yourself - you alone hold and control your balance.
Open-Source Code: Gem Wallet is fully open-source and passed a CertiK audit in April 2026, so every layer of the app is independently verifiable.
Privacy by Default: Gem Wallet and Hyperliquid require no sign-up and collect no personal data - you trade with just your secret phrase, your identity stays yours, and you’re in the market in seconds.
Zero Gas Fees: Trade on Hyperliquid’s L1 with zero gas fees on every position.
Deep Liquidity: Tap into Hyperliquid’s industry-leading on-chain order book.
What You Can Trade With Gem Wallet Perps
Gem Wallet Perps lets you open a position on the markets you actually follow, all from one app:
- Crypto: BTC, ETH, SOL, ARB, memes like DOGE and BONK, and more pairs - with leverage up to 40x on the majors.
- Stocks: big-cap equities that move markets, including Apple, Tesla, Nvidia, Amazon, and Google, traded as perpetuals.
- Commodities: gold, silver, oil, and more, straight from your wallet.
- Forex: the world’s major currency pairs as perpetual contracts.
How to Use Gem Wallet Perps
You can be trading in just a few minutes:
- Download and install Gem Wallet on iPhone or Android.
- Open Settings > Preferences and turn on Perpetuals.
- Head to the Perps tab and fund it with USDC on Arbitrum.
- Go long or short on crypto, a stock, or a commodity - all in the wallet.
Need USDC for step 3? You can buy USDC right in the app with a credit card, Apple Pay, or Google Pay, or swap some Arbitrum ETH to USDC - just keep a little extra ETH on hand to cover transaction fees.
Trade Responsibly
Perpetual futures are leveraged products. Leverage magnifies both gains and losses, and a position can be liquidated if the market moves against you - so trade only what you can afford to lose, and use stop-loss and take-profit to manage your risk. Trades are executed on the Hyperliquid network, so by trading perps in Gem Wallet you agree to Hyperliquid’s Terms of Service and remain responsible for following all rules, restrictions, and laws that apply in your jurisdiction.
Resources
The Gem Wallet team built perpetual futures on Hyperliquid to make leveraged trading simple. New here? Start with these:
If you have questions, our AI support - alongside our human team - answers them right in the wallet, 24/7.
Open Gem Wallet on iOS or Android, switch on Perpetuals, and try your first long or short on your favorite assets - a full on-chain DEX with Hyperliquid under the hood, secure and yours from the first tap.
