Trade Gold (GOLD) perps 24/7, permissionless
The original store of value and still a central bank reserve asset. The perp tracks the price of one troy ounce. Commodity news does not wait for the futures exchanges to reopen. On Based you can open or close a GOLD position at any hour, weekends included, long or short.
Gold (GOLD)
$4,608+1.7%24h
COMEX (CME) · Global · quoted in USD
GOLD 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 GOLD 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 gold price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading GOLD works here
The GOLD market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the gold 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 gold on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The GOLD perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade GOLD?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the GOLD market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical gold on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the gold 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 GOLD?
- 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.