THE TRADER’S FIELD GUIDEIndependent affiliate · Code Steve
ETERNAREFERRAL / INDEPENDENTStart on Eterna
ETERNA / THE HYBRID PERPETUAL EXCHANGE

Perpetual trading.
Deep liquidity.
Your next edge.

Trade perpetuals with wallet-based access, competitive published fees and tools built for your AI workflow.

$10B+ advertised liquidityNo KYC · eligible regionsEHX revenue sharing ↓

Independent affiliate · Eligible regions only · Trading involves risk.

YOUR REFERRAL CODESteve
THE COST OF YOUR NEXT MOVE01 / FEES
Same volume.
Different bill.
−22.2%EXECUTION FEES IN THIS EXAMPLE
Hyperliquid $450
Eterna $350
Monthly fee difference$100

$1M executed volume · 100% taker · standard base rates · no discounts. Funding and execution differences excluded. Tiers can change the winner.

Make the numbers yours ↗
$10B+ADVERTISED LIQUIDITY
0.035%PUBLISHED FUTURES TAKER FEE
No KYCWALLET ACCESS · ELIGIBILITY APPLIES
MCPTOOLS FOR AI WORKFLOWS

Eterna’s published claims ↗ · Hyperliquid fee schedule ↗ · Reviewed 5 October 2026

CHOOSE WHAT MATTERS TO YOUR TRADING

A reason to switch.
Numbers to back it up.

Start with your costs. Understand the rewards.
Then explore a different workflow.

EHX / REVENUE SHARING50%HISTORICAL LITEPAPER MODEL

of net income allocated collectively to EHX stakers in the published model.

BEYOND THE TRADING FEE

Trade. Stake EHX.
Share in the activity.

Eterna’s published staking model gives token stakers a share of platform income. A different reason to look at the venue beyond your next trade.

Platform income→Distribution pool→Eligible stakers

The historical litepaper specifies net income, not a 50% refund of your own fees. Current distribution basis, eligibility and payment terms need confirmation. Holding EHX adds token-price and possible lockup risk.

Understand EHX staking & revenue sharing ↗
HYBRID PERPETUAL TRADING

The depth of a CEX.
A wallet-first route.

Eterna describes centralized matching combined with DeFi transparency and self-custody. Its advertised liquidity is a starting point: inspect the market at your order size.

Explore the official platform ↗
01 / CHECK THE BOOK

Compare spread and available depth for the pair you trade.

02 / CHECK THE FULL COST

Execution fees, funding and slippage all affect the outcome.

03 / CHECK THE CONTROLS

Understand custody, margin, deposits and withdrawals.

YOUR AGENT. YOUR WORKFLOW.

From a question
to market data.

Connect Claude or Cursor through Eterna MCP. Discover the SDK, inspect a market and review what the agent returns.

Connect an AI client ↗
FIRST SESSIONREAD-ONLY PROMPT

“Find the BTCUSDT ticker method and fetch its latest price. Show the source and timestamp. Do not place or change any orders.”

Discover toolsQuery marketReview result
Example workflow, not a live execution or trading signal.
START WITH THE PLATFORM. CHECK THE DETAILS.

Your next venue.
Your decision.

Open Eterna · Steve

Independent affiliate link. No exclusive discount or signup bonus is promised. AI account attribution may follow a different process.

BEFORE YOU SWITCH

What traders
ask first.

Is Eterna fully onchain?+

Eterna describes a hybrid architecture: centralized matching with DeFi transparency and wallet-based access. Do not assume every fill is executed onchain. Review the official architecture and custody terms.

Does Steve unlock a trading discount?+

Steve identifies the referral. No exclusive discount or bonus is promised here. Platform fees and EHX staking terms are separate from the referral code.

Does staking refund 50% of my fees?+

Not automatically. The historical EHX model distributes 50% of platform net income collectively to stakers. Your allocation depends on the applicable rules; confirm the current program before staking.

Is the fee comparison always in Eterna’s favor?+

No. Hyperliquid volume tiers and staking discounts can change the winner. The calculator shows either result and excludes funding, spread, slippage and special market pricing.

Can I connect an AI agent?+

The official Eterna MCP repository documents OAuth and SDK access. Start with market observation. AI signup attribution to a referral must be checked separately with Eterna.

Can I use Eterna in my country?+

Check the current official terms before registration. The app showed France as restricted on 26 September 2026; that observation is historical and eligibility may change. No KYC does not mean unrestricted access.

Explore the mathematics of compounding Optional educational simulator +
02 / THE COMPOUNDING EFFECT

Small start.
Different scale.

What happens when a starting amount doubles eight times? Explore the maths — and what a loss does to the same path.

HYPOTHETICAL SCENARIO

Make the numbers yours.

$

100% return at every step. Full reinvestment. No fees, funding, taxes or withdrawals. No timeline or likelihood is implied.

THEORETICAL FINAL BALANCE$25,600
256×
  1. START$100
  2. ×2 · 1$200
  3. ×2 · 2$400
  4. ×2 · 3$800
  5. ×2 · 4$1,600
  6. ×2 · 5$3,200
  7. ×2 · 6$6,400
  8. ×2 · 7$12,800
  9. ×2 · 8$25,600

A mathematical illustration, not a trading plan. Successive doublings are highly demanding; real trading includes losses and can wipe out your balance.

YOUR NEXT MOVE

Ready when
you are.

Explore Eterna Hybrid Exchange with referral code Steve.

Explore Eterna Opens ehx.app · Affiliate link
Referral code SteveOpen Eterna