Long Position
A trade betting on the price increase of a digital asset.
What is Long Position?
A long position in a Perp DEX is a trade where a trader buys a perpetual swap contract expecting the price of the underlying digital asset (e.g., ETH) to rise. For example, on Hyperliquid, a trader might open a 5x leveraged long position on BTC at $60,000, profiting if the price rises to $65,000, with gains amplified by leverage.
Long positions are settled in real-time based on the mark price, and traders pay or receive funding rates depending on market balance. If the market moves against the position, the trader risks liquidation unless they add more margin. Long positions are popular in bullish markets but require careful risk management due to volatility.
Related Terms
ATH
The highest price a digital asset has ever reached in its trading history.
Gas (Ethereum)
A unit measuring the computational effort required to execute transactions or smart contracts on Ethereum.
Federal Open Market Committee (FOMC)
A 12-member committee within the Federal Reserve System responsible for setting U.S. monetary policy, including interest rates and open market operations.
Ether (ETH)
Ether(ETH) is the native digital asset of the Ethereum blockchain, used to pay for transaction fees and computational services.
DefiLlama
A free, transparent DeFi analytics platform aggregating total value locked (TVL) and metrics across blockchains.
Lean Ethereum
A visionary Ethereum Foundation initiative unveiled in July 2025 to harden and scale the Ethereum protocol through minimalism, formal verification, and hash-based post-quantum cryptography.