What is Perpify?

Three distinct paths

Perpify is a simulated perpetual-futures proprietary trading platform. It uses Hyperliquid market data to display prices and simulate order execution across supported crypto, indices, equities, commodities and FX instruments. Perpify orders are not sent to Hyperliquid or another exchange.

• Instant Accounts: purchase access to simulated trading capital without an evaluation. Eligible performance payouts use a 95% trader share.
• Evaluations: complete a paid evaluation before a fresh funded account is issued. Evaluation earnings are not withdrawable; the funded stage uses a 90% trader share and 40% consistency rule.
• Own Capital: a separate crypto-deposit product. Real deposited funds and simulated results are tracked separately; simulated Own Capital gains are not withdrawable profit.

What the account balance means

A $5,000 funded account is not a $5,000 cash deposit in your name. It is simulated starting capital used for margin, positions and risk calculations. Real performance payouts are separate payments, subject to the relevant product's published rules.

Live market data does not make execution real. Perpify simulates fills using genuine available order-book depth, applies its market-specific commissions and checks risk on its servers. A displayed price is not a promise that an order of any size will fill at that price.

Getting started

1. Create a Perpify login and confirm your access.
2. Explore the terminal with the selectable demo account if you want practice first.
3. Compare Instant and Evaluation rules, not just price or starting size.
4. Complete payment for the chosen product and wait for verified confirmation.
5. Select the issued account and review its risk limits before ordering.

Important boundaries

Leverage increases exposure and can exhaust a risk allowance quickly. Trading profits, payout eligibility and wallet settlement are different stages. Do not use the simulated balance as a measure of withdrawable cash.

Copy trading is permitted within applicable rules, while hedging and automated trading bots/EAs are prohibited. Account and household limits also apply. Read those restrictions before setting up multiple accounts or any copying arrangement.

Related guidance

Read Do I need to pass an evaluation? and What is an Own Capital account?. See How Perpify works for the current product or workflow.