Trade Platinum (PLATINUM) perps 24/7, permissionless
A precious metal with mostly industrial demand: automotive catalysts and hydrogen equipment. Most supply comes out of South Africa. Futures on platinum take a break every evening and shut down for the weekend. The PLATINUM perp on Based runs straight through, funded with USDC from your own wallet.
Platinum (PLATINUM)
$1,771+0.4%24h
NYMEX (CME) · Global · quoted in USD
PLATINUM 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 PLATINUM 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 platinum price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading PLATINUM works here
The PLATINUM market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the platinum 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.
Related markets
Frequently asked questions
- Can I trade platinum on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The PLATINUM perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade PLATINUM?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the PLATINUM market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical platinum on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the platinum 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 PLATINUM?
- 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
Log in
Log in with your email or Google account. Based supports social logins for convenience, provided by Privy, a Stripe company. Wallets are self-custodial: only you have access to your funds. Neither Based nor Privy can access your wallet or account.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock and crypto perps. 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.