WIF-PERPCrypto · MemeTrade dogwifhat (WIF) Perpetual Futures
Go long or short on dogwifhat with up to 100x leverage. No KYC, no sign-up: connect your wallet and trade 24/7.
- No KYC
- No sign-up
- Self-custody
- Up to 100x leverage
- Mark price
- 0.1787
- 24h high
- 0.1795
- 24h low
- 0.1747
- 24h volume
- 151.7K USDT
dogwifhat is a meme coin on the Solana blockchain that launched in late 2023. Its name and branding come from a widely shared image of a Shiba Inu dog wearing a pink knitted hat, and the deliberately misspelled name is part of the joke. Its ticker is WIF.
WIF is an SPL token, the standard format for tokens on Solana, so it can be held in Solana wallets and traded on decentralized exchanges on that network as well as on centralized exchanges. It has no blockchain of its own and no product or revenue behind it; its value depends on the community and on market demand. Like many Solana meme coins, it benefits from the network's low fees and fast transactions, which make frequent small trades practical.
dogwifhat grew rapidly during 2024 as it was listed on major exchanges and became one of the most prominent meme coins on Solana. Traders follow it as a bellwether for the Solana meme-coin scene, which tends to move in waves of enthusiasm.
WIF's price is driven by attention and speculative demand rather than fundamentals. Social media momentum, community campaigns, and the broader cycle of interest in Solana meme coins account for most large moves. Listings on major exchanges and the launch of new derivatives markets have historically brought surges in volume.
Because it is closely associated with Solana, WIF often reacts to SOL's price and to overall activity on Solana decentralized exchanges. Large holder wallets and shifts in liquidity can move the price quickly, and the token tends to amplify broad crypto market swings.
The WIF perpetual is a futures contract on the price of dogwifhat with no expiry date. You never own dogwifhat itself: you go long if you expect the price to rise or short if you expect it to fall, and settle profit and loss in USDT.
You choose your leverage, up to 100x. Margin is cross: your whole perpetual balance backs every open position. Positions are valued at a mark price taken from market data, which can differ from the last trade, and an order more than 20% away from the mark price is rejected.
- 1Connect a wallet. Connect MetaMask, or log in with email or Google, and sign the login message.
- 2Deposit USDT. Deposit USDT and move it to your perpetual account to use as margin.
- 3Choose long or short and your leverage. Open the WIF market, pick a direction and leverage, and place a market or limit order.
- 4Manage the position. Set a take-profit or stop-loss, add margin, or close the position whenever you like.
| Topic | Max Orion | Centralized exchange |
|---|---|---|
| Sign-up | No KYC: connect a wallet and sign a message | Email, password and identity checks |
| Your account | Your wallet address is your account | A username held by the exchange |
| Orders | Every order is signed by your wallet | Orders sent under a logged-in session |
| Hours | Crypto, gold and oil, 24/7 | Commodities often follow market hours |
Leverage multiplies losses as well as gains. If the dogwifhat price moves against your position far enough that your perpetual balance, including unrealized losses, falls below the maintenance margin, positions are closed automatically at the prevailing price and you can lose your whole balance. A stop-loss becomes a market order when triggered and is not guaranteed to fill at its price. Only trade with money you can afford to lose. dogwifhat is far more volatile than bitcoin and ether, with large daily swings that are typical of meme coins.
Frequently asked questions
A WIF perpetual is a futures contract on the price of dogwifhat with no expiry date. You go long if you expect the price to rise or short if you expect it to fall, post margin in USDT, and keep the position open for as long as your margin covers it.
You can trade dogwifhat perpetuals with up to 100x leverage. The higher the leverage, the smaller the price move against you that liquidates the position.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
Every market settles in USDT, with cross margin: your whole perpetual balance backs all of your open positions, so a profit on one adds margin to the others and a loss on one reduces the margin left for all of them.
A perpetual has no expiry, so a periodic funding payment between longs and shorts keeps its price close to the underlying market. When the perpetual trades above the underlying, longs pay shorts; when it trades below, shorts pay longs.
A maker order, which waits in the order book, pays 0.02% of its value. A taker order, which fills immediately, pays 0.06%.
Leverage multiplies losses as well as gains. If the price moves against your position far enough that your margin no longer covers it, the position is liquidated and the margin is lost. Only trade with money you can afford to lose.
