PARALLAX
PERP
NIKKEI 225 39,381.7 -2.07% DAX 20,203.1 +1.80% FTSE 100 8,198.8 -1.37% NIFTY 50 24,481.1 -0.81% HSI 18,972.0 -0.78% KOSPI 2,733.4 +0.67% CAC 40 7,862.6 +0.22% IBOV 129,638.6 -2.12% TSX 23,752.6 -0.95% ASX 200 8,459.9 +2.67% IBEX 35 11,549.8 +0.08% TAIEX 23,009.3 +0.52% NIKKEI 225 39,381.7 -2.07% DAX 20,203.1 +1.80% FTSE 100 8,198.8 -1.37% NIFTY 50 24,481.1 -0.81% HSI 18,972.0 -0.78% KOSPI 2,733.4 +0.67% CAC 40 7,862.6 +0.22% IBOV 129,638.6 -2.12% TSX 23,752.6 -0.95% ASX 200 8,459.9 +2.67% IBEX 35 11,549.8 +0.08% TAIEX 23,009.3 +0.52% NIKKEI 225 39,381.7 -2.07% DAX 20,203.1 +1.80% FTSE 100 8,198.8 -1.37% NIFTY 50 24,481.1 -0.81% HSI 18,972.0 -0.78% KOSPI 2,733.4 +0.67% CAC 40 7,862.6 +0.22% IBOV 129,638.6 -2.12% TSX 23,752.6 -0.95% ASX 200 8,459.9 +2.67% IBEX 35 11,549.8 +0.08% TAIEX 23,009.3 +0.52%
24 markets live · Parallax Perp · preview build

Every index.
One perp engine.

Perpetual futures on 24 national stock benchmarks, quoted in local index points, margined from a single USDG balance. Long or short at up to 15x, any session, around the clock.
View all markets
24
Index perps
15x
Max leverage
$2.1B
30d volume*
0.06%
Taker fee
NIKKEI 225
ASIA SESSION · LIVE · SETTLED IN USDG
38,869.7−2.34% 24h
DAX+0.62%
NIFTY 50+1.05%
FTSE 100−0.28%
IBOV+0.91%
24
Index perps
3
Trading sessions
15x
Max leverage
1
Margin balance
24/7
Order entry
USDG
Settlement asset

All markets

Live sparkline, funding rate and open interest for every index perp.

All
Asia
Europe
Americas
Market
Chart
Price
24h
Funding
Volume
Open int.
NIKKEI 225
Japan · Asia
39,381.7
-2.07%
-0.018%
$211.1M
$98.9M
DAX
Germany · Europe
20,203.1
+1.80%
-0.016%
$65.4M
$43.4M
FTSE 100
UK · Europe
8,198.8
-1.37%
+0.011%
$220.4M
$109.5M
NIFTY 50
India · Asia
24,481.1
-0.81%
-0.009%
$259.4M
$73.3M
HSI
Hong Kong · Asia
18,972.0
-0.78%
+0.000%
$122.3M
$133.7M
KOSPI
South Korea · Asia
2,733.4
+0.67%
+0.017%
$85.5M
$11.9M
CAC 40
France · Europe
7,862.6
+0.22%
+0.009%
$118.4M
$74.4M
IBOV
Brazil · Americas
129,638.6
-2.12%
+0.015%
$211.5M
$29.9M
TSX
Canada · Americas
23,752.6
-0.95%
+0.018%
$146.7M
$10.9M
ASX 200
Australia · Asia
8,459.9
+2.67%
+0.012%
$47.0M
$44.4M
IBEX 35
Spain · Europe
11,549.8
+0.08%
+0.008%
$113.6M
$83.4M
TAIEX
Taiwan · Asia
23,009.3
+0.52%
+0.019%
$101.1M
$25.5M

The terminal

Market list, chart, order book and ticket in one screen — the way a desk actually trades.

parallax · terminal preview
NIKKEI 225−2.34%
KOSPI−0.31%
HSI+1.12%
NIFTY 50+1.05%
ASX 200−0.18%
DAX+0.62%
FTSE 100−0.28%
IBOV+0.91%
NIKKEI 225
ASIA SESSION · LIVE
38,869.7−2.34% today
Long
Short
Leverage7.0x
Entry price
38,869.7
Size
1,000 USDG
Fee
0.06%
Liquidation
35,650.2
Order book
38,912.04.2163k
38,905.53.1120k
38,898.02.493k
38,882.51.662k
38,869.7
38,855.01.974k
38,840.52.8108k
38,826.03.6140k
38,811.54.7182k
Market
Side
Size
Entry
Mark
PnL
Liq.
NIKKEI 225
LONG
2,000 USDG
39,410.0
38,869.7
−$274.40
35,650.2
DAX
SHORT
1,200 USDG
19,910.4
19,845.2
+$78.20
21,340.0
NIFTY 50
LONG
800 USDG
24,412.0
24,680.9
+$110.60
22,180.5
Preview build — the terminal, order book and positions above are a mockup with illustrative numbers. No live prices, no real orders, nothing is placed on-chain.

Built for the way indices actually trade

Six mechanics that make one screen enough for 24 markets.

🌐

One balance

Fund once in USDG. That balance margins every index you open, across every session, with no per-market wallet.

🕐

Session-aware

Markets are grouped by the hours they actually trade — Asia, Europe, Americas — so you always know what's live.

📈

Local index points

Every market prices in its own index points — Nikkei points, DAX points — never flattened into one currency.

⚖️

Visible liquidation

Per-market leverage caps and a liquidation price shown on the ticket before you confirm, not after.

💸

Transparent funding

An hourly funding rate on every market, shown next to the price — no hidden cost buried in the spread.

🔀

Cross-margined

Unrealized PnL on one position can offset margin on another, so your capital works across the whole book.

How it works

Four steps, whichever session you trade in.

1

Deposit once

Send USDG to your Parallax balance on Robinhood Chain — the margin behind every position you open.

2

Pick a session

Asia, Europe or Americas — open the tab that's live and find an index you have a view on.

3

Size the trade

Set your leverage up to the market's cap; the ticket shows entry, fee and liquidation before you sign.

4

Manage the position

Track funding, PnL and liquidation live, and close from the same screen you opened it on.

FAQ

Is this connected to a real exchange?+
Not yet — this is a preview build of the product and brand. Prices, the terminal, order book and wallet connect are all mocked for now; nothing here places a real order or moves real funds.
Why trade in index points instead of dollars?+
Each index has its own point scale that traders in that market already think in — Nikkei points, DAX points. Converting everything to one currency would hide that.
What is the funding rate for?+
It keeps the perp's price anchored to the underlying index by periodically transferring a small amount between longs and shorts, shown on every market row.
What happens outside a session's hours?+
A market can still be opened, but it references the last live print from its home exchange until that session reopens — the terminal marks this clearly on each ticket.
Is there a lockup or minimum deposit?+
No. Your balance sits in your own wallet on Robinhood Chain and can be withdrawn any time it isn't backing an open position.