KuCoin Web3 Wallet Perps FAQ

This article answers the most common questions about trading perpetual futures (perps) through KuCoin Web3 Wallet–supported integrations.

1. What perp markets can I trade?

KuCoin Web3 Wallet allows access to crypto perpetual futures markets. (e.g., SOL-USD, BTC-USD, ETH-USD) 

2. Where are my funds stored?

Your funds are always associated with your KuCoin Web3 wallet, even when bridged to Hyperliquid. All perps activity is tied to the Ethereum address in your KuCoin Web3 account.

If you previously opened positions using this address, all existing balances will automatically appear once you connect.

To view your perp balances and transfers:

1. Visit the relevant explorer (e.g., https://app.hyperliquid.xyz/explorer).
2. Enter your Ethereum address (find it in KuCoin Web3 Wallet → Receive → Choose Ethereum network → copy address). 
3. Review the balances shown under:
   • Perps: Your main perpetual futures account

3. Can I export my perps account?

Yes. Your perps account is tied directly to the EVM-compatible address inside your KuCoin Web3 Wallet.

This means you can export your perps account by exporting your KuCoin Web3 wallet’s private key and importing it into any EVM-compatible wallet, such as MetaMask.

4. What order types are supported?

KuCoin Web3 Wallet Mobile

• Opening positions:
  • Market orders
  • Limit orders (coming soon)
• Closing positions:
  • Market orders
  • Stop-loss and take-profit are available as auto-close triggers, not standalone order types.

5. Why was my position liquidated even though the chart didn’t show the price?

Liquidations are calculated using the mark price, not the visible chart price.

The mark price is derived from oracle data and reflects a fair-value estimate based on:

• Aggregated pricing from multiple exchanges
• Funding rates
• Short-term volatility
• Latency or temporary pricing imbalances

Because of this, the mark price may briefly differ from chart prices you see on TradingView or other feeds.

If the mark price touches your liquidation level, the position can be liquidated even if the spot/visible price never appears to reach it.

6. What margin model is used?

Perps use isolated margin only, meaning each position has its own dedicated collateral.

Your risk is limited to the margin allocated for that specific position.

7. How do perps differ from spot trading?

In spot trading, you buy the token and later sell it (hopefully higher). With perps, you speculate on direction without holding the token:

• Long if you believe price will rise.
• Short if you believe price will fall.

Perps don’t expire, so you can hold them as long as they remain open. Because they’re cash-settled, gains and losses are realized in USDC, not the underlying token.

8. Which tokens can I deposit into my Perps account?

Currently, only USDC on Arbitrum is supported for deposits and withdrawals. Support for additional tokens and networks will be added over time.

9. Why can’t I access perps?

Perp trading is restricted in certain regions due to regulatory requirements. Currently, access is blocked in:

• The United States
• The United Kingdom
• Other jurisdictions where such products are prohibited

If you’re in an eligible region and still can’t access perps:

• Ensure your Arbitrum network is enabled in KuCoin Web3 Wallet.
• Confirm that your region is not restricted under local compliance rules.