Introduction to Ritdex Perps
What Ritdex Perps is, the wallets it supports, and how to get from a fresh wallet to your first leveraged trade — all non-custodial on Hyperliquid.
Ritdex Perps is a non-custodial trading terminal for perpetual futures, powered directly by Hyperliquid's on-chain order book. One USDC balance trades crypto, tokenized stocks, commodities, metals, FX and more — with leverage, live signals, copy-trading and automated bots layered on top.
Why Ritdex
- Non-custodial — your funds stay in your Hyperliquid account. Ritdex's trade-only agent can place orders but can never withdraw your balance (see Wallet & Security).
- One balance, every market — crypto, stocks, commodities, FX and indices from a single USDC collateral pool.
- On-chain execution — every order, fill and liquidation settles on Hyperliquid's CLOB. Ritdex adds the interface, the Ritchi-Signal, Copy Trade and Auto-Trading Bots.
- Transparent fees — a small builder fee per fill and nothing hidden. Full list on the Fees page.
Supported wallets
Ritdex is built on the OneKey wallet core, so it works with the wallet you already use:
| Wallet type | Notes |
|---|---|
| Built-in Ritdex/OneKey wallet | Create or import a wallet in-app — fastest path to trading. |
| Imported wallets | Bring a seed phrase or private key you already control. |
| Hardware wallets | Supported for holding funds; enabling trading needs a signature the device can produce. |
Perps settle on Hyperliquid, an EVM venue. You trade from an EVM address funded with USDC — see Deposits & Withdrawals for how to get USDC in.
From zero to your first trade
- Set up a wallet — create a new one or import an existing wallet, then back up your recovery phrase (Wallet & Security).
- Fund it with USDC — deposit or bridge USDC to your trading address (Deposits & Withdrawals).
- Enable Trading — a one-time signature approves the Ritdex builder and creates the trade-only agent. No funds move; you just authorize order placement.
- Learn the basics — price, margin, leverage and liquidation in Perps Basics.
- Open a position — pick a market, set leverage, choose an order type and trade. Step-by-step in Opening a Position.
What you can do next
- Trade manually — Perps Trading and Spot Trading.
- Follow the pros — mirror top traders automatically with Copy Trade.
- Automate — let Auto-Trading Bots trade 24/7 off the Ritchi & Pulse signals.
- Earn — invite friends and partners through the Referral and IB Program.
New to perps? Read Perps Basics first — it explains leverage and liquidation in plain language before you risk real capital.