Hyperliquid reference

Max leverage by asset

Every market Meridian routes to Hyperliquid, with the highest leverage the venue allows on each. Crypto trades on the main perpetuals DEX; equities, indices and commodities trade on the builder-deployed markets.

Maximum leverage by instrument and asset class.
Symbol	Category	Max leverage
BTC.at	Crypto	40x
ETH.at	Crypto	25x
SOL.at, XRP.at	Crypto	20x
BNB.at, ADA.at, SUI.at, HYPE.at, ZEC.at, WLD.at	Crypto	10x
AAPL.at, AMZN.at, GOOGL.at, META.at, MSFT.at, NVDA.at, SPCX.at, TSLA.at, DRAM.at	Equities	20x
MU.at, SKHX.at, SNDK.at	Equities	10x
SP500.at	Indices	50x
NAS100.at	Indices	30x
XAUUSD.at, XAGUSD.at	Commodities	25x
WTIOIL.at, BRENTOIL.at	Commodities	20x

CryptoEquitiesIndicesCommodities

Leverage caps are set by the trading venue and can change without notice. This table is a reference, not an offer. Trading with leverage magnifies losses as well as gains and can cost you more than your initial capital.

See the same table under the Atlas instrument names