Crude Oil (CL) Perp Price

The CL perpetual on the xyz builder DEX provides crude-oil price exposure. It is not a claim on a barrel of oil and does not require physical delivery or storage. Perpetuals have no fixed expiry. Funding payments and margin requirements apply while a position is open.

1. Select Deposit in Legend and fund your account through Unifold. Use a supported token and network, and wait for confirmation.
2. Open the Crude Oil trading market.
3. Choose an order type, position size and leverage. A market order prioritizes execution; a limit order sets a price but may not fill.
4. Set take profit and stop loss (TP/SL). Check the trigger prices and order size before you confirm.
5. Manage the position: monitor margin, funding and open orders. Reduce or close the position when needed.

Hyperliquid trading fees apply, plus a Legend builder fee that is normally 0.05%, subject to account overrides. Funding is a separate payment between long and short positions; you can pay or receive it. Native Hyperliquid TWAPs do not charge the Legend builder fee, but Hyperliquid trading fees still apply.

Copy trades carry a 0.10% Legend builder fee in addition to Hyperliquid trading fees. A trader can also charge a profit share of up to 20% on winning copied positions. This profit share is separate from execution fees.

Leverage increases losses as well as gains. An adverse price move can cause liquidation. Stop orders do not guarantee an execution price, and limit orders may not fill. Check available collateral and use a position size you can manage.

Commodity reference markets have their own trading schedules. Supply shocks and changes in demand can cause large moves. This derivative does not provide ownership or delivery of the physical commodity. Funding, spreads and slippage can increase the cost of holding or closing a position.