The S&P 500, gold, oil and Asian chip stocks
as one basket, long or short.

A basket that exists only as perps on Hyperliquid, with no token on Robinhood Chain: one order opens a Hyperliquid perp in every holding at once, long or short. That lets it hold what Robinhood Chain has no token for, such as copper, natural gas and the Asian memory makers, and the S&P 500 or gold itself rather than a fund that tracks it.

Like any bskts basket, each is a fixed bag of units: an amount of each holding, set from its target weights on the day it started so that its price was 100 that day. Since then it has moved with its holdings, priced from Hyperliquid, the same for everyone. Its weights drift as prices move and it is not rebalanced, so every order is placed in the weights of the moment. The positions sit in your own Hyperliquid account; bskts never holds them.

Every price is Hyperliquid’s. The stocks, indices and commodities trade on XYZ, a set of markets on Hyperliquid, and the crypto on Hyperliquid’s own. An index leg is the index itself, not a fund that tracks it, so it pays no dividends.

Hyperliquid perps trade every hour of every day, including when the stock and commodity markets underneath are closed. Then the price comes from trading on Hyperliquid alone, and it can jump when those markets reopen.

Hyperliquid keeps one position per asset in an account, so two baskets holding the same asset would share it: one leverage, one margin, one liquidation. bskts doesn’t let that happen. While a basket is open, any other basket that holds one of its assets is locked, and the page says which one it shares with. Adding to the open basket is never blocked.

Among these baskets, METALS and CIRCUIT both hold Copper and MAJORS and HYPEBTC both hold Bitcoin and HYPE, so neither pair is ever open at once. Spot baskets traded as perps count too.

• Hyperliquid’s trading fee on each leg, at the base tier at most 0.09% of its value on XYZ and 0.045% on Hyperliquid’s own markets. Each fill reports the fee actually charged.
• Funding, paid or received every hour on each leg while a position is open.
• The bskts fee. bskts takes no fee of its own on perps today.

Hyperliquid refuses any single order under $10, so a basket’s smallest position is $10 divided by its smallest weight: the figures above, at the starting weights. The page shows the current one before you trade. Leverage goes as high as the lowest maximum among the basket’s holdings, and a position can lose all the margin behind it.

1. Log in, then enable trading with one signature: it approves a trading key for bskts on your Hyperliquid account that can place and cancel orders and nothing else.
2. Add margin to your Hyperliquid account, from your bskts account in one step or as USDC deposited directly.
3. Pick the basket on the Perps page, long or short, the size and the leverage, and open it at market.
4. Or rest an order: a limit at a basket price, or a take profit and stop loss on its return. They are watched around the clock, with the page closed too. Every order type is played out in the order guide.

What is a perps-only basket?

A basket that exists only as perps on Hyperliquid, with no token on Robinhood Chain: one order opens a Hyperliquid perp in every holding at once, long or short. That lets it hold what Robinhood Chain has no token for, such as copper, natural gas and the Asian memory makers, and the S&P 500 or gold itself rather than a fund that tracks it.

How is a perps-only basket priced?

From Hyperliquid's prices. Each basket is a fixed amount of each holding, set so that its price was 100 on the day it started, and it has moved with its holdings since. Its weights drift as prices move, and every order is placed in the weights of the moment.

Can I short these baskets?

Yes. Like every basket perp, each can be traded long or short, with leverage up to the lowest maximum Hyperliquid allows among its holdings.

Do they trade on weekends?

Yes. Hyperliquid perps trade every hour of every day, including when the stock and commodity markets underneath are closed. Then the price comes from trading on Hyperliquid alone, and it can jump when those markets reopen.

Is bskts part of Hyperliquid?

No. bskts is an independent app. It is not affiliated with, endorsed by, or officially connected with Hyperliquid, XYZ or any company in the baskets.