Market Structure

Trade perpetuals across crypto, forex, commodities, equities, and more.

Universal Market Access

HertzFlow gives you access to perpetual markets across multiple asset classes — crypto, forex, commodities, equities, and indices — all from a single interface. Every market is powered by multi-oracle validated pricing, so you always trade at fair, real-time prices.

Each market displays key data at a glance:

Data Point
What It Tells You

Mark Price

Current oracle-validated price with 24h change

24h High / Low

Price range over the last 24 hours

Available Liquidity (L/S)

How much capacity remains for new long and short positions

Open Interest (L/S)

Total notional value of active positions per side

1h Net Rate (L/S)

Combined funding + borrow rate per hour

Leverage Limits

Maximum leverage varies by asset class — higher for lower-volatility assets, lower for more volatile ones:

Asset Class
Max Leverage
Why

Forex (FX)

200x

Lowest volatility among supported classes

ETH / BNB / SOL

200x

Major cryptocurrencies with deep liquidity

Altcoins

200x

Higher volatility requires tighter risk controls

Commodities

200x

Moderate volatility, well-established oracles

Equities & Indices

200x

Follows traditional market risk standards

Example: With 100 USDT collateral and 200x leverage on ETH, you control a $20,000 position.

Market Hours

Crypto and forex trade around the clock. Real-world asset markets follow their traditional trading schedules:

Asset Type
Trading Schedule
Notes

Cryptocurrencies

24/7

Always open

Foreign Exchange

Sun 5:00 PM – Fri 5:00 PM ET

Generally open during U.S. public holidays

Precious Metals

Sun 5:00 PM – Fri 5:00 PM ET

Gold and silver observe CME holiday closures

Commodities

Sun 6:00 PM – Fri 5:00 PM ET

Daily maintenance pause 5:00–6:00 PM ET; CME holidays apply

U.S. Indices (SPY, QQQ)

Weekdays, 9:30 AM – 4:00 PM ET

Closed on weekends and NYSE holidays

U.S. Equities

Weekdays, 9:30 AM – 4:00 PM ET

Closed on weekends and NYSE holidays

When a market is closed:

  • You cannot open, close, edit, or cancel positions

  • Your existing positions stay open — they are not affected

  • Active TP/SL orders resume monitoring when the market reopens

Markets with a red dot in the interface indicate Market Closed status.

The schedule above reflects our testnet standard and may be adjusted in later phases based on liquidity conditions and operational considerations.

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