Can You Trade Stocks on Legend?

Yes — Legend lets you trade stock perps like TSLA, NVDA, AAPL, COIN and HOOD 24/7 from a self-custody wallet, alongside crypto, commodities and index perps.

Yes. On Legend you can trade stocks as perpetual futures — long or short, 24/7, from a self-custody wallet. You're not buying shares through a broker; you're trading a perp that tracks the stock's price, in the same account as your crypto positions.

Which Stocks Are Available

Legend lists equity perps through Trade[XYZ], a builder-deployed DEX on Hyperliquid. The most-traded names are all live, including:

  • Mega-cap tech: AAPL, MSFT, GOOGL, AMZN, META, NVDA, TSLA, NFLX, AMD, AVGO
  • Crypto-native equities: COIN (Coinbase), HOOD (Robinhood), MSTR (Strategy), PLTR (Palantir)

These are equity perps: contracts that give you price exposure to a stock without owning the share. You can go long if you're bullish or short if you're bearish, and position size uses leverage — for example, TSLA and NVDA support up to 20x, while some equities are isolated-margin-only to cap downside.

It's Not Just Stocks

Because Trade[XYZ] is built on HIP-3, the same self-custody account spans far more than equities:

  • Commodities: GOLD, SILVER, COPPER, CL (WTI crude), BRENTOIL
  • Indices: SP500 (up to 50x), JP225 (Nikkei 225), KR200 (Kospi), VIX
  • FX: EUR, JPY, GBP, DXY (dollar index)
  • Pre-IPO: private companies before they list — SpaceX (SPCX) traded as a pre-IPO perp on Legend before its IPO

All of these sit next to crypto perps like BTC and ETH, so you can express a cross-market thesis from one wallet.

How It Works

Legend surfaces Trade[XYZ] markets under an xyz: namespace (for example, xyz:TSLA). Because these are onchain perps rather than exchange-listed shares, they trade 24/7 — nights, weekends, and holidays included. A funding rate keeps each perp tethered to its underlying, and your collateral stays in your wallet until a trade executes.

For the bigger picture of what the platform offers, see what is Legend.

Related questions

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