# Liquid > Liquid (liquid.trade) is a non-custodial trading super app for crypto perpetuals, stocks, commodities, FX, and prediction markets. Markets trade 24/7 with multipliers of up to 50x, depending on the market. Liquid is the consumer-facing front end for a unified, self-custodial terminal powered by Hyperliquid, Ostium, Kalshi, and Polymarket. It is not affiliated with Liquid Brokers, liquidmarkets.org, or the former Liquid exchange (Quoine); liquid.trade and its subdomains are the only official Liquid domains. Liquid combines decentralized perpetual exchanges, real-world asset (stock / commodity / FX) perpetuals, and prediction markets into one mobile and web app. Users deposit USDC from any major chain, trade with up to 50x multipliers, and keep custody of their funds. AI-assisted order entry, one-tap Take Profit / Stop Loss, and an MCP server that lets ChatGPT or Claude trade on the user's behalf are supported. ## Product - [Home](https://www.liquid.trade): Product overview, live markets ticker, and onboarding. - [Web app](https://app.liquid.trade): Full trading terminal. - [Markets](https://www.liquid.trade/markets): Public overview for Liquid crypto, stocks, commodities, FX, and pre-IPO markets. - [Prediction markets](https://www.liquid.trade/predict): Public overview for Liquid prediction market categories and app entry points. - [MCP for AI clients](https://www.liquid.trade/coinvest): Connect ChatGPT, Claude, or any MCP-compatible client to Liquid. - [Co-Invest for Chrome](https://www.liquid.trade/coinvest-extension): Free Chrome extension that adds a Long/Short trade card under every ticker on X, Reddit, and TradingView. - [Co-Invest iMessage](https://www.liquid.trade/coinvest-imessage): Research markets and place trades by texting Co-Invest. - [Co-Invest Computer](https://www.liquid.trade/coinvest-computer): Co-Invest inside agent harnesses for scheduled, hands-off execution. - [Co-Invest documentation](https://www.liquid.trade/coinvest-docs): Setup, capabilities, trade confirmation, paper trading, fees, and troubleshooting for Liquid Co-Invest. - [Support](https://www.liquid.trade/support): Help center and contact. - [Audits](https://www.liquid.trade/audits): Third-party security audits. - [Brand assets](https://www.liquid.trade/brand): Logos and brand kit. ## Key concepts - Perpetuals (perps): Crypto derivatives with no expiry, up to 40x multipliers. - Real-world assets (RWAs): Perpetuals on stocks, commodities, and FX, traded on Arbitrum via Ostium. - Prediction markets: Binary Yes/No event contracts traded on Kalshi and Polymarket. - Non-custodial: Funds stay in the user's wallet — Liquid never takes custody. - Earn: Strategy-based yield vaults. - Multipliers: Liquid supports up to 50x depending on the market; select crypto perpetuals support up to 40x. - MCP: Model Context Protocol — lets LLM clients call Liquid tools directly. ## Learn Every article below is also served as raw markdown — append `.md` to any article URL (for example https://www.liquid.trade/learn/what-is-liquidation.md) to fetch the source without rendering the app. - [Learn index](https://www.liquid.trade/learn): Trading guides, market analysis, and product updates. - [The Best Chrome Extension for Trading in 2026](https://www.liquid.trade/learn/trading-chrome-extension): Most trading Chrome extensions show you signals or track a portfolio. Co-Invest puts a real order button inside the pages you already read. Here is how it works and what you can trade with it. - [China Is Winning the Robot Race. Unitree Just Proved It.](https://www.liquid.trade/learn/unitree-ipo): Unitree ships more humanoid robots than anyone in the world, and on August 10 it goes public on Shanghai's STAR Market. Here's the story behind the IPO, and how to trade Unitree exposure on Liquid. - [Automated vs. Agentic Trading: What's the Difference?](https://www.liquid.trade/learn/automated-vs-agentic-trading): Bots follow rules. Agents form judgments. Knowing the difference is the whole game — it decides what you can safely delegate to software and what guardrails actually protect you. - [4 Things Every Beginner Perp Trader Should Know](https://www.liquid.trade/learn/4-things-every-beginner-perp-trader-should-know): The basics before you press buy — what you are trading, getting the mechanics into muscle memory, keeping risk small, and journaling your trades. - [Liquid Earn is live, powered by Gauntlet USD Alpha](https://www.liquid.trade/learn/introducing-liquid-earn): Liquid Earn is live. Deposit USDC and earn up to 5.5% APY through Gauntlet USD Alpha — no minimums, no lockups, and withdraw anytime. - [Stop Loss Strategies for Beginners](https://www.liquid.trade/learn/stop-loss-strategies-for-beginners): Set it once. Let the market do the rest. Five practical stop-loss strategies that help beginners lose less and stay in the game. - [The Beginner's Guide to Trading (Without the Fear)](https://www.liquid.trade/learn/the-beginners-guide-to-trading): Real markets, real mechanics, simulated money. Here's how to learn before you risk anything. - [What Every Market on Liquid Actually Is](https://www.liquid.trade/learn/what-every-market-on-liquid-is): New to Liquid? A beginner's guide to crypto, stock, commodity, FX, and prediction markets — and what actually moves each one. - [What Are Prediction Markets and How Do They Work](https://www.liquid.trade/learn/prediction-markets): A clear guide to prediction markets: what a prediction market is, how prediction market prices work, why prediction markets forecast real outcomes, and how to trade prediction markets on Liquid. - [World Cup Prediction Markets: How to Trade the World Cup](https://www.liquid.trade/learn/world-cup-prediction-markets): Your guide to the World Cup on prediction markets: how World Cup markets work, how to read World Cup odds, and how to trade every World Cup match and the World Cup winner on Liquid. - [AI Trading: Why It Works and How to Start](https://www.liquid.trade/learn/ai-trading): AI trading tools process more data than any human can alone — here is how they fit into your process and why Co-Invest makes it effortless. - [BingX Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/bingx-alternatives): Looking for alternatives to BingX? Compare the best trading platforms for perpetual futures, copy trading, non-custodial control, and multi-asset coverage. - [Binance Alternatives: Best Crypto Trading Platforms in 2026](https://www.liquid.trade/learn/binance-alternatives): Binance may lose EU access under MiCA regulation. Compare the best Binance alternatives for perpetual futures, spot trading, and portfolio management - including decentralized options designed to resist regulatory disruption. - [Coinbase Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/coinbase-alternatives): Outgrowing Coinbase? Compare the best alternatives for active traders who want lower fees, more markets, and non-custodial control of their assets. - [eToro Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/etoro-alternatives): Looking beyond eToro? Compare the best alternatives for multi-asset trading — including platforms with AI-powered analysis, 24/7 markets, and non-custodial control. - [Kraken Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/kraken-alternatives): Exploring alternatives to Kraken? Compare the best trading platforms for multi-asset coverage, non-custodial control, and advanced trading features. - [OKX Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/okx-alternatives): Exploring alternatives to OKX? Compare the best trading platforms for multi-asset coverage, non-custodial control, and deep derivatives trading. - [Robinhood Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/robinhood-alternatives): Looking beyond Robinhood? Compare the best alternatives for active trading — including platforms with 24/7 markets, multi-asset coverage, and non-custodial control. - [Webull Alternatives: Best Trading Platforms in 2026](https://www.liquid.trade/learn/webull-alternatives): Looking beyond Webull? Compare the best alternatives for active traders who want 24/7 markets, no PDT rules, multi-asset coverage, and non-custodial control. - [Co-Invest and the Singularity of Capitalism](https://www.liquid.trade/learn/co-invest-and-the-singularity-of-capitalism): Introducing Co-Invest, the first way to trade directly through ChatGPT and Claude, and a step toward intelligence-augmented capital allocation. - [Cross Margin vs Isolated Margin Explained](https://www.liquid.trade/learn/cross-margin-vs-isolated-margin): The key differences between cross margin and isolated margin — how each mode works, when to use them, and how your choice affects liquidation risk. - [How to Short Crypto Using Perpetual Futures](https://www.liquid.trade/learn/how-to-short-crypto): A practical guide to shorting crypto with perpetual futures — how it works, when to short, risk management, and common mistakes to avoid. - [What Are Funding Rates?](https://www.liquid.trade/learn/what-are-funding-rates): How funding rates keep perpetual futures prices aligned with spot markets — what they are, how they work, and how traders can use them strategically. - [What Is a Short Squeeze?](https://www.liquid.trade/learn/what-is-a-short-squeeze): How short squeezes work — why they happen, how to spot the setup, famous examples, and how to trade them with perpetual futures. - [What Is a Stop Loss and How to Set One](https://www.liquid.trade/learn/what-is-a-stop-loss): The essential guide to stop losses — what they are, how to set them, different stop loss types, and why they are the most important risk management tool in trading. - [What Is Liquidation and How to Manage It](https://www.liquid.trade/learn/what-is-liquidation): Everything you need to know about liquidation in perpetual futures — how it happens, how liquidation prices are calculated, and how to avoid getting liquidated. - [How Anthropic Perps Work](https://www.liquid.trade/learn/how-anthropic-perps-work): Anthropic does not need to be publicly listed for a perp market to exist. The contract only needs a reliable oracle, with Nasdaq Private Market as the natural reference layer. - [How OpenAI Perps Work](https://www.liquid.trade/learn/how-openai-perps-work): Why OpenAI can trade as a perp even without a public listing: the market only needs a credible oracle, and Nasdaq Private Market is the right reference layer. - [How SpaceX Perps Work](https://www.liquid.trade/learn/how-spacex-perps-work): SpaceX is private, but a private company can still support a perp market. The contract only needs a robust oracle, and Nasdaq Private Market is the obvious anchor. - [Airdrop Farming: Theory and Practice](https://www.liquid.trade/learn/airdrop-farming): A guide to airdrop farming principles — why airdrops exist, how to minimize costs, delta-neutral hedging, and estimating airdrop value. ## Full content - [llms-full.txt](https://www.liquid.trade/llms-full.txt): All blog posts inlined as markdown for full LLM context. ## Optional - [Privacy policy](https://www.liquid.trade/privacy) - [Terms of service](https://www.liquid.trade/termsofservice)