Spot
Spot trading lets you buy and hold the underlying token directly — no leverage, no liquidation. Spot pairs use the same order panel as perps.
Buying and selling
A spot pair looks like HYPE/USDC: a base token (HYPE) quoted in a quote
token (USDC).
- Buy spends your quote balance (e.g. USDC) to acquire the base token.
- Sell converts your base token back to the quote.
Use the percentage slider to size an order against your available balance.
Order types
Spot supports market, limit (with GTC / IOC / ALO time-in-force), stop-loss, and take-profit orders. See Order types.
Post-only (ALO). For limit orders, the ALO option ensures your order only ever adds liquidity (it won’t cross the book), which qualifies for the maker fee. See Fees.
Smart collateral handling
If you go to buy a spot token but your spot USDC balance is short, Hypersight can automatically pull USDC from your perp account first, then place the order — so a single click does what would otherwise be a transfer plus a trade.
(This auto-transfer applies in standard account mode; in Unified mode, collateral is already pooled across your perp and spot balances.)
Minimums and confirmations
- Minimum order size: about $10 notional.
- Large-order confirmation: orders above roughly $5,000 notional ask for an explicit confirmation before they go through, to prevent fat-finger mistakes.
Different quote tokens
Most spot pairs are quoted in USDC, but some markets use other stablecoins as their quote/collateral. The order panel always shows you which token a pair is priced and settled in.