| Perpetuals | Spot | |
|---|---|---|
| Instrument | Linear contracts settled in USDC | Base asset vs. USDC |
| Margin | Cross or isolated | Cross only |
| Leverage | 3x–50x, depending on market | 1x |
Trading
Overview
Hotstuff provides access to perpetual futures and spot markets through a unified margin account. Users can manage positions across both products from a single balance without moving funds between separate trading accounts.
The platform focuses on tokenized real-world assets (RWAs), including stocks, commodities, and other traditional financial instruments represented on-chain, alongside crypto-native assets. Perpetual and spot markets share the same account infrastructure, margin system, and settlement asset.
More than 22 perpetual markets are currently available. Spot markets are quoted against USDC and include both crypto assets and tokenized RWAs.
All trading activity is settled and collateralized through the user’s unified account, allowing balances, unrealized PnL, and available margin to be managed from a single portfolio view.
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