Overview
What is Trove?
Trove is a decentralized perpetual futures exchange built on Hyperliquid that enables leveraged trading on collectibles, real-world assets (RWAs), and equities. The platform offers up to 5x leverage on exotic markets including Pokémon cards, luxury watch indexes, Birkin bags, CS2 gaming assets, and equity markets for companies like Nintendo and Popmart.
The platform went live with its public beta on November 27, 2025, allowing users to take long or short positions on collectibles with real-time liquidity, low fees, and on-chain transparency. Trove raised $20 million to purchase 500,000 $HYPE tokens for HIP-3 integration into the Hyperliquid ecosystem.
Unlike traditional derivatives exchanges, Trove brings perpetual futures functionality to niche collectibles markets and prediction markets, creating a new trading vertical within DeFi.
Participation Guide
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Step 1: Visit Trove Markets
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Step 2: Use Referral Code
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Step 3: Claim Ecosystem Snapshot Points
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Step 4: Purchase USDC from Binance
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Step 5: Withdraw USDC to Base or Arbitrum
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Step 6: Deposit USDC to get USDH
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Step 7: Start Trading Collectibles
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Step 8: Apply for Trading Competition (optional)
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Step 9: Monitor Your Points