Yield.xyz x Ledger Perps
Ledger users can now go long or short on BTC, ETH, SOL, and other digital assets — up to 50x leverage — directly within their hardware wallet. Yield.xyz's PerpsKit routes every trade through HyperLiquid, and each transaction is clear-signed on the device before anything is submitted. Custody stays with the user throughout.
This is the first time a tier-1 hardware wallet has supported native onchain perpetuals trading. Until now, accessing perps has meant moving assets to a centralized exchange or connecting to a web interface outside of the wallet environment. Ledger changes that: users get full perps trading functionality without leaving their hardware wallet and without compromising the security model they rely on.
"Ledger is the most trusted name in crypto self-custody, and this integration reflects exactly what we built PerpsKit to enable: a complete, professional-grade perps trading experience that any platform can ship without rebuilding the underlying infrastructure. Bringing that to Ledger's user base is a meaningful milestone for onchain perps, and for Yield.xyz." – Serafin Lion Engel, Co-founder and CEO of Yield.xyz
How It Works
PerpsKit is Yield.xyz's infrastructure layer for onchain perpetuals trading. It abstracts the complexity of individual trading venues into a single integration point, normalizing execution, portfolio state, and risk data across the onchain perps ecosystem. For Ledger, that means a complete perps trading experience: open and close positions, manage leverage, set stop-loss and take-profit orders, and monitor margin, all surfaced natively within the wallet.
“With the launch of Perpetual Trading in Ledger Wallet, we’re bringing hardware-grade security to one of crypto’s fastest-growing segments,” said JF Rochet, Executive Vice President of Consumer Services at Ledger. “Ledger ensures that users who choose to trade in these markets can do so directly using their self-custodial wallets, without compromising control of their assets.”
Ledger Perps executes trades through HyperLiquid, the most widely adopted and liquid onchain perps trading venue. Every transaction is constructed by PerpsKit and presented to the user for clear-signing on their Ledger device before anything is submitted onchain.
What This Means for Onchain Perps
Onchain perps trading volume has grown significantly over the past two years, but access has remained fragmented. Users have had to choose between convenience and security, either trading on a centralized platform with custodial risk, or navigating onchain venues without hardware-level transaction verification.
The Ledger integration closes that gap. Hardware wallet users now have a path to perps trading that doesn't require them to move assets or accept a weaker security posture. For the broader onchain perps ecosystem, it signals that self-custodial perps are viable at scale, for mainstream crypto audiences, on the infrastructure they already trust.
PerpsKit was built for exactly this kind of deployment: platforms that need perps trading functionality without building and maintaining the protocol-level integrations, data normalization, and risk infrastructure themselves. Ledger is the first, and more integrations are coming.
Ledger does not provide any investment advice. Perps trading is speculative and carries substantial risk. Read full disclosure.