Trade Copper (COPPER) perps 24/7, permissionless
The metal of electrification and a standard barometer of global manufacturing demand. Priced per pound. Futures on copper take a break every evening and shut down for the weekend. The COPPER perp on Based runs straight through, funded with USDC from your own wallet.
Copper (COPPER)
$6.67+0.6%24h
COMEX (CME) · Global · quoted in USD
COPPER trading hours on Based vs the futures market
Commodity futures trade nearly around the clock on weekdays, but they take a break every evening and shut down from Friday evening to Sunday evening, plus exchange holidays. The COPPER perp on Based runs 24/7: no daily break, no weekend close, no holiday calendar.
The trade-off is the instrument. It is a perpetual future tracking the copper price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading COPPER works here
The COPPER market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the copper price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You are not buying the physical commodity and nothing is ever delivered. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application.
Fees are flat and public: TradFi perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.
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Frequently asked questions
- Can I trade copper on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The COPPER perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade COPPER?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the COPPER market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical copper on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the copper price: a derivative, with no delivery and nothing to store. Like every perp it carries liquidation risk, and funding fees apply while a position is open.
- What do I need to start trading COPPER?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.