Built on Hyperliquid · No KYC · Your keys

The perps DEX built to trade like a pro.

Crypto, stocks, FX, commodities and indices — all as futures, all from one wallet. There is no account to open: connect a wallet and trade. Every trade is journaled and scored for you, and you can set risk limits that stop you overtrading.

190+markets40×max leverage24/7crypto marketsUSDCone settlement currency
Π · The gateway
The Pantheon terminal — chart, order book and Smart Order ticket
Smart Orderworks out your size from your stopZen Modeblocks trades over your limitsGraderate a trade before you place itQC Super Powersextra indicators on the chart
The markets

Every market. One wallet. USDC settled.

Crypto trades around the clock. Stocks, FX, commodities and indices follow their own exchange hours. All of them long or short, from the same ticket.

120+Crypto24 / 7 · up to 40×
40Stocksextended hours · 10×
12FX pairs24 / 5 · 20×
8Commoditiesvenue hours · 20×
10Indicesvenue hours · 20×
How it works

Trade Looping: write your rules, trade them, then fix them using your own results.

Seven steps, in order. You write a strategy, set your risk limits, grade each trade as you take it, and Pantheon scores the results. Then it shows you which of your rules made money and which cost you — so you change those rules and go again.

123456↻
The loop
Step 1 of 7

Build Trading System

Write your strategy down as rules you can tick off.

Sucker Punch · 6 rules · armed

You can start with one strategy and one rule.

Start trading
What is Trade Looping · the 90-second version
The difference

Degen Trader vs Trade Looper

Two accounts, the same market and the same setups. One traded on feel. The other followed written rules and reviewed every trade.

The Degen Trader

Trades on feel.

Size comes from conviction that was never measured. The stop lives in his head and moves when it starts to hurt. A loss is answered with a bigger position, and the only record of any of it is a screenshot in a group chat.

  • No written system
  • Mental stops
  • Size by mood
  • Reviews nothing
The Trade Looper

Trades a system, then edits the system.

Rules are written down and checkable. Risk is set before entry and capped by the platform, not by willpower. Every fill is graded and scored — and at the end of each pass the system loses whatever cost money and keeps whatever made it.

  • Written playbook
  • Stops set pre-entry
  • Fixed % risk
  • Graded every pass
Degen Traderno rulesTrade LooperZen Mode onLog scale
✕Degen Trader✓Trade Looper
Position size✕Degen TraderBy feel. 8–14% when it looks good✓Trade Looper2% of equity, sized from the stop
Stop loss✕Degen TraderMental. Moved when it starts to hurt✓Trade LooperSet before entry, only ever to break-even
Leverage✕Degen Trader40× because it's there✓Trade LooperWhatever the stop distance allows
Three losses in✕Degen TraderDoubles up to win it back✓Trade LooperWarned, and told the day is done at −6%
The journal✕Degen TraderA screenshot in a group chat✓Trade LooperEvery fill graded, tagged, scored
A losing strategy✕Degen TraderRuns it for months on hope✓Trade LooperDropped once the numbers show it loses

Illustrative 90-day paths, not a performance claim. Zen Mode is optional — full send is always one toggle away.

Trading modes

Three modes. You pick how much we stop you.

Degen lets you trade however you want. Locked In warns you when you go over a risk limit, then lets you trade anyway. Zen Mode blocks the trade instead. Switch modes whenever you want.

Limits in every mode
Risk per tradeYou can risk up to 2% of your account on one trade
No gate
Warns
Blocks
Total open riskYour open positions can risk up to 12% of your account in total
No gate
Warns
Blocks
Daily loss budgetYou can lose up to 6% in a day. Resets at midnight UTC
No gate
Warns
Warns
Losing streakWarns after 3 losses in a row. Ends the day after 5
No gate
Warns
Warns
Double-zone entrySay up front you are entering in two parts and you can risk 4%
No gate
Confirm
Confirm
Extra rules in Zen Mode
A stop on every entryYou cannot place an order without a stop loss
No gate
No gate
Blocks
Tagged to a strategyEvery trade has to be linked to a strategy you wrote
No gate
No gate
Blocks
Stops can only move closerYou can move your stop nearer, never further away
No gate
No gate
Blocks
Adding stays under 2%Adding to a position cannot take its risk over 2%
No gate
No gate
Blocks
Never blocked
Closing, reducing, cancellingYou can always close a position, in every mode
Always
Always
Always

The 2% is worked out from your entry price and your stop before you place the order. It limits the risk you take, not what the trade ends up losing.

TightenInstantOne tap, in force immediately.
Loosen Zen6 hoursZen Mode stays on until then.

The delay is the point: you cannot drop your limits in the middle of a bad session. Leaving Degen or Locked In is instant — neither was stopping you anyway.

Performance Ai

It reads every trade. Then it tells you what to fix.

Two scores, kept separate: how well you traded, and how closely you followed your own rules. Both come from your own trades, not a benchmark.

Pantheon Score
WIN RATEPROFIT FACTORPAYOFFRECOVERYDRAWDOWNCONSISTENCY
This week’s verdict

Your A-grade setups return +2.3R. Your C-grades cost −0.8R.

Stop taking C-grades. That one change is worth more than any new strategy.

Your keys · No KYC · Up to 40×

Start trading in about two minutes.

Connect a wallet, deposit USDC, choose how much you want to risk per trade. That is it.

Pantheon — The perps DEX built to trade like a pro