Trade EUR/USD (EUR) perps 24/7, permissionless
The euro against the US dollar, the most traded currency pair in the world. No forex account and no broker approval. Fund a self-custody wallet with USDC and trade EUR long or short, any hour, weekends included.
EUR/USD (EUR)
$1.17-0.1%24h
OTC (interbank) · Global · quoted in USD
EUR trading hours on Based vs spot forex
Spot forex already runs 24 hours a day on weekdays. What it does not do is weekends: the interbank market closes on Friday evening and reopens on Sunday evening. The EUR perp on Based trades straight through, every hour of the week.
The trade-off is the instrument. It is a perpetual future tracking the EUR/USD exchange rate, not an actual conversion of one currency into the other. Positions carry liquidation risk, and funding fees apply while they are open.
How trading EUR works here
The EUR market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the EUR/USD exchange rate. 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 actually exchanging one currency for the other. 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.
Related markets
Frequently asked questions
- Can I trade EUR/USD on weekends?
- Yes. Spot forex runs around the clock on weekdays but closes from Friday evening to Sunday evening. The EUR perp on Based trades 24/7, straight through the weekend.
- Do I need a forex broker to trade EUR?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the EUR market runs. There is no account application and no bank account required.
- Is EUR on Based the same as spot forex?
- No. It is a perpetual future on Hyperliquid tracking the EUR/USD exchange rate: a derivative, not an actual conversion of one currency into the other. It gives you price exposure, long or short, with leverage. Positions carry liquidation risk, and funding fees apply while they are open.
- What do I need to start trading EUR?
- 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.