Stock perps: trade Tesla or Nvidia direction without a brokerage

A stock perpetual tracks the price of a listed share through an oracle, settles in USDC, and never touches the share itself. That means no brokerage account, no custody of equities, and the same long-or-short ticket you already use for crypto perps. As of August 2026 the catalog spans 35 US-listed names.

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What you can trade

The equity catalog is the deepest non-crypto class on the platform. It covers the mega-caps and the names crypto traders actually watch, and listings change as the venue adds pairs.

  • Mega-cap tech: NVDA, AAPL, MSFT, GOOG, AMZN, META, TSLA
  • Crypto-adjacent equities: COIN, HOOD, MSTR
  • High-beta favorites: AMD, PLTR, NFLX, SNOW and 20+ more

How a stock perp differs from owning the share

You hold a leveraged position on price, not the asset. There are no dividends and no voting rights; instead a funding rate passes between longs and shorts to keep the perp pinned to the oracle price. You can be short as easily as long, and you can size the position with leverage against USDC margin rather than paying the full share price.

Market hours matter here

Unlike crypto, these markets keep exchange hours. The app shows a closed state outside them and blocks new orders until the market reopens, so a ticket never dies on-chain against a closed book.

How it works in Hypertradeworx

Orders route to Ostium, a perps protocol on Arbitrum that lists real-world assets alongside crypto. You fund one self-custodial wallet with USDC, filter the markets list to Stocks, and the ticket, positions view and PnL work exactly as they do for BTC. The same account trades crypto perps on Hyperliquid and Lighter, so equity exposure does not need a second app.

Questions

Do I own Tesla or Nvidia shares when I trade a stock perp?
No. A perp is a derivative on the oracle price of the share. You never hold the equity, receive dividends, or get voting rights. What you get is pure long-or-short price exposure that settles in USDC.
What are the trading hours for stock perps?
Stock perps follow US equity market hours, roughly 9:31 to 15:59 New York time on weekdays, because the oracle needs a live reference price. Outside those hours the market shows as closed in the app and new orders are blocked until it reopens.
Do I need a brokerage account or KYC to trade these?
No brokerage account. You trade from a self-custodial wallet funded with USDC. Availability and any obligations depend on your jurisdiction, and that is your responsibility to check.
Can I short a stock with a perp?
Yes. Shorting is symmetric with going long: same ticket, same margin, no borrow to locate. That is one of the practical advantages perps have over buying or borrowing shares.
Which venue fills these orders?
Ostium, an on-chain perps protocol on Arbitrum that specializes in real-world assets. Hypertradeworx routes the order there and shows the position next to your crypto perps from other venues.

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Hypertradeworx is an independent trading terminal. It is not built, operated or endorsed by Ostium or any other venue it routes to. Nothing here is investment advice, and perpetual futures can lose more than your initial margin.