BeaconLearn Crypto Trading
Free educational guides to help you understand crypto trading. From perpetual futures basics to advanced strategies, master the concepts you need to trade with confidence.
What Are Perpetual Futures?
Understand how perpetual futures contracts work, how they differ from traditional futures, and why they dominate crypto trading.
Free guide
What Is a Funding Rate?
Learn how funding rates keep perpetual futures prices aligned with spot markets and how they affect your trading costs.
Free guide
What Is Liquidation in Crypto?
Discover how liquidation works in leveraged trading, why it happens, and proven strategies to avoid it.
Free guide
What Is Open Interest?
Learn how to read open interest data to gauge market sentiment, confirm trends, and make smarter trading decisions.
Free guide
What Is Leverage Trading?
Understand how leverage amplifies both gains and losses, and learn risk management best practices for leveraged positions.
Free guide
Complete Guide to Hyperliquid
Everything you need to know about Hyperliquid - the on-chain perpetual futures DEX with an order book and self-custodial trading.
Free guide
How to Trade Perpetual Futures
A step-by-step tutorial for trading perpetual futures, from choosing a platform to managing positions and exit strategies.
Free guide
No-KYC Crypto Trading Guide
Learn how to trade crypto without KYC using decentralized platforms like Hyperliquid, and understand the security trade-offs.
Free guide
What Are Stock Perpetual Futures?
Learn what stock perps are, how they work on Hyperliquid via HIP-3, and why traders choose equity perps over traditional stock trading.
Free guide
Trade Stocks 24/7
How perpetual futures eliminate market hours and let you trade equities around the clock, including weekends and holidays.
Free guide
Trade Stocks Without KYC
How decentralized stock perpetual futures enable private, permissionless equity trading without identity verification.
Free guide
Cross Margin vs Isolated Margin
Understand the two primary margin modes in crypto futures trading and how to choose the right one for your strategy.
Free guide
What Is Mark Price?
Learn what mark price is, how it is calculated, why it matters for liquidation, and how it differs from last price and index price.
Free guide
What Is Slippage?
Understand why trades sometimes execute at different prices than expected and proven strategies to minimize slippage.
Free guide
What Is Maintenance Margin?
Learn what maintenance margin is, how it triggers liquidation, how it is calculated, and its relationship to leverage.
Free guide
What Is Unrealized PnL?
Understand paper profits and losses, how unrealized PnL is calculated, and when it becomes realized.
Free guide
What Is a Margin Call?
Learn what margin calls are in crypto trading, how they differ from liquidation, and strategies to avoid them.
Free guide
What Is Auto-Deleveraging (ADL)?
Understand the last-resort mechanism that can close profitable positions during extreme market conditions.
Free guide
What Is Initial Margin?
Learn what initial margin is, how it determines your position size, its relationship to leverage, and practical examples.
Free guide
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Frequently Asked Questions
Yes, all guides and educational content on Beacon are completely free.
Our guides cover perpetual futures, funding rates, liquidation, open interest, leverage trading, margin types, and Hyperliquid-specific tutorials.
No, our guides are written for all levels from complete beginners to experienced traders looking to learn Hyperliquid-specific concepts.
Perpetual futures let you trade with leverage (up to 50x on Hyperliquid), go long or short, and never expire. Spot trading means buying and holding the actual asset.