Worldcoin Perpetual · WLDUSDT

About Worldcoin (WLD)

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. A key component of the Worldcoin project is the development of the foundational infrastructure that will be important for a world where AI plays an increasingly large role. The Worldcoin system revolves around World ID, a privacy-preserving global identity network.

Trading Worldcoin Perpetuals on Aster

On Aster, Worldcoin trades as the USDT-margined WLDUSDT perpetual: a contract with no expiry date, where your collateral and your profit or loss are both settled in USDT rather than in WLD itself. Leverage runs up to 50x on the standard order-book market, and funding is exchanged between longs and shorts every eight hours to keep the contract price tracking its index. Orders can be placed openly or through Aster's Aster hidden orders, which keeps size out of the public book until the moment it executes.

How the WLDUSDT Perp Differs From Owning Worldcoin

Buying Worldcoin outright gives you the asset. Trading the WLDUSDT perpetual gives you exposure to what its price does without ever holding it: you post USDT as margin, and the position is closed out in USDT at whatever level you exit. That difference has three practical consequences. Going short is as easy as going long, so a falling WLD price is something you can trade rather than sit out. Position size can exceed collateral, up to 50x, which magnifies losses at exactly the same rate it magnifies gains. And funding is paid or received every eight hours for as long as the position stays open, a running cost that someone simply holding Worldcoin never encounters.

Fees and Leverage on the WLDUSDT Market

Aster charges 0% maker and 0.04% taker on USDT-margined perpetuals, so adding liquidity to the WLDUSDT book costs nothing and taking it costs 0.04% of notional. Two savings stack on top of that: paying fees in ASTER takes another 5% off at the point of trade, and signing up with referral code MMTz04 returns 5% of the fees you pay as a rebate Aster calculates daily and credits the next day. Leverage on Worldcoin is capped at 50x on the standard perp. Leverage does not change the fee rate, but it does change the notional those fees are charged against, so a 50x position pays fifty times the fee that the same collateral would pay unlevered. The full tier structure is in our the Aster maker and taker rate card.

What to Know Before Trading Worldcoin

Three things decide whether a Worldcoin position survives. Funding is the first: the eight-hourly payment runs positive or negative depending on which side is crowded, and over days rather than minutes it compounds into a real drag on a held position. Liquidation is the second: at 50x, a move of roughly 2.0% against you consumes the margin backing the trade, before fees are counted. Liquidity is the third: depth on WLDUSDT varies by hour, and a market order sized past the visible book fills at progressively worse prices, which is the situation limit orders and hidden orders exist to handle. Set the stop before you open the position rather than after, and treat the leverage slider as a risk control rather than a way to buy more.

How to Trade Worldcoin on Aster in 4 Steps

1. 1Connect a wallet: open asterdex.com and connect MetaMask, Rabby, or another Web3 wallet. No identity verification is currently requested.
2. 2Deposit USDT: fund your account with USDT to use as margin collateral.
3. 3Open the WLDUSDT market: select Worldcoin, choose your leverage (up to 50x), and set your margin mode.
4. 4Place your order: market or limit, with optional hidden-order mode for size. Manage risk with stop-loss and take-profit.

Worldcoin Perpetual — Contract Specs

Frequently Asked Questions