Ledger launches Hardware-Security for Perpetual Trading in Ledger Wallet

Ledger, the global leader in digital asset security for individuals and institutions, announced the rollout of Perpetual Trading within Ledger Wallet to an initial 20% of users in select regions. Provided by Yield.xyz, the feature enables leveraged trading within a self-custodial environment and brings hardware-level security to perpetual markets for the first time.

Ledger Wallet users can now access on-chain liquidity, where every transaction (including deposits and withdrawals) is clear-signed and verified through Ledger’s secure hardware, ensuring transparency and protection at every step. Through the Ledger Wallet interface, users can interact with a new Perpetual Trading environment provided by Yield.xyz, with HyperLiquid as the underlying venue, a leading decentralized perpetual exchange that processed over $8 billion in daily volume in early 2026.

“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.”

For experienced traders, the risks of leveraged markets are well understood and actively managed, but the risks associated with trading environments around software wallet exposure, browser vulnerabilities, and lack of transaction visibility, remain underappreciated. Ledger mitigates these security risks by removing the need to move assets out of secure hardware to access perpetual markets, allowing users to keep assets within Ledger Wallet, maintain control over their private keys, and interact directly with on-chain protocols. This resolves the dilemma of securing assets with hardware wallets, only to expose them during active trading.

Perpetual trading represents one of the largest and most active segments in crypto (~$90+ trillion market), with daily trading volumes that consistently exceed spot markets. Despite this scale, most activity today takes place in environments that expose users to significant security risks, including browser wallets, centralized exchanges, and workflows that require blind signing.

Ledger secures the environment without changing the risk of the trade. Perpetual Trading is rolling out progressively this week to a limited subset of users, with broader availability to follow.

*Perpetual trading is speculative and carries substantial risk. Read full disclosure.

Ledger does not provide any financial advice or recommendation. Crypto transaction services are provided by third-party service providers. Ledger provides no advice or recommendations to use any of these third-party services.

This service is not intended for users in restricted jurisdictions, including the UK, US, Ontario (Canada), France, and Belgium.