> For the complete documentation index, see [llms.txt](https://quanthiveai.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quanthiveai.gitbook.io/docs/tradingtools/spot-and-perp-trading/perp-trading.md).

# Perp Trading

QuantHive’s **Perp Trading** interface offers a comprehensive, user-friendly experience for trading perpetual contracts with advanced analytics powered by AI and on-chain data.

Below is a breakdown of the features available on the Perp Trading page.

***

## Perp Contract List

<figure><img src="https://i.ibb.co/23G67rhv/perp-wallet-menu.png" alt="" width="563"><figcaption></figcaption></figure>

* **Perp Wallet Menu**\
  Located at the top left, this menu allows you to:
  * Connect your Perp trading wallet.
  * See your trading balance in USDC.
  * Deposit or withdraw funds directly to and from the Perp wallet.
* **Available Contracts**\
  A list of all tradable Perp contracts on QuantHive, each paired with:
  * Alpha Traders' flow signals:
    * WAGMI (Buy) — Strong buy-side activity from high-performing wallets.
    * FUD (Sell) — Sell signals based on consistent outflows or negative sentiment.
    * HODL (Hold) — Low volatility or neutral behavior; suggests a wait-and-see approach.
  * Alpha Trader Metrics: Shows how many top 2% on-chain traders have interacted with the token, the total volume accumulated or sold by them, the token’s **TPI (Traders' Profitability Index) score**, and **momentum indicator.**
  * Market snapshot for fast decision-making.

{% hint style="success" %}
**TPI (Traders' Profitability Index):**\
A measure of alpha traders' buy vs. sell volume. It reflects how strongly consistently profitable wallets are accumulating a token. A higher TPI indicates stronger buy-side conviction from top traders.

**Momentum:**\
A measure of alpha traders' short-term vs. long-term volume. Rising momentum means alpha traders are getting increasingly interested in the token and hype is growing, often signaling early trend formation.
{% endhint %}

## Perp Token Page

### Contract Token Info

<figure><img src="https://i.ibb.co/1fNcqDbx/perp-token-info.png" alt="" width="563"><figcaption></figcaption></figure>

Each Perp contract comes with detailed token-level data, including:

* Token logo, ticker symbol, maximum leverage available.
* Market cap and total supply of the token.
* Narrative category (e.g., AI, DeFi, Gaming).
* Alpha trader stats such as:
  * Number of profitable wallets involved.
  * Buy/sell volumes.
  * TPI (Traders' Profitability Index) and momentum indicators.

### Perp Price Chart

<figure><img src="https://i.ibb.co/XrGTK1Pn/perp-chart.png" alt="" width="563"><figcaption></figcaption></figure>

* **Chart Data**\
  View real-time price data, including:
  * Current price and 24h price change.
  * Trading volume, funding rate, and bid-ask spread.
* **Chart Tools**\
  Integrated with TradingView for:
  * Multiple timeframes.
  * Custom drawing, trading indicators and analysis tools.

### Perp Order Panel

<figure><img src="https://i.ibb.co/7x2sKfyg/perp-order-module.png" alt="" width="375"><figcaption></figcaption></figure>

* **Order Types**
  * Long and Short market orders.
  * Optional Take Profit / Stop Loss settings.
* **Order Estimation**
  * View estimated fees, maximum order size, and slippage before execution.
* **Leverage and Margin**
  * Choose leverage.
  * See your available margin and balance in real time.
* **Wallet Integration**
  * Deposit and withdraw funds directly from the Perp order panel.
  * Wallet connection status and USDC balance display.

### Positions, Orders and History

<figure><img src="https://i.ibb.co/KxDs5K0S/perp-positions-orders-list.png" alt="" width="563"><figcaption></figcaption></figure>

* **Open Positions**
  * Monitor active trades with details like:
    * Contract pair, position size, entry price.
    * Unrealized P\&L, liquidation price, TP/SL.
* **Open Orders**
  * Track pending orders by:
    * Size, direction (long/short), trigger conditions, reduce-only status.
* **Trade History**
  * Review past trades, including:
    * Entry/exit price, direction, P\&L, position size, and fees paid.

***

You can easily toggle between **Spot and Perp** views for the same token to choose your preferred trade type. In Perp Mode, you also gain the flexibility to **short tokens** that receive strong FUD signals — turning negative sentiment into potential profit if the price goes down.

Leverage options allow you to **amplify your position size**, increasing both your profit potential and risk exposure.

Whether you’re trend-trading or hedging, QuantHive's perp trading help you stay informed and agile across market conditions.