The short answer
Every symbol on Upcomers Perpetuals trades around the clock, seven days a week. There are no sessions, no daily maintenance break and no weekend close. That includes the stock, index, gold and oil perps.
One clock still matters: your daily drawdown resets at 00:00 UTC, and that boundary now falls in the middle of a live market.
What is gone
If you trade CFDs or futures with us, a surprising amount of your routine was built around the clock. None of it applies here:
No Friday decision about holding over the weekend, and no Sunday opening gap to wake up to.
No swap at midnight and no triple swap on Wednesday. Holding costs are funding payments, settled every hour.
No daily maintenance break. Futures pause from 5:00 to 6:00 PM ET, perps do not pause at all.
No session times to memorize. BTC at 3 AM on a Sunday trades the same way as BTC at 3 PM on a Tuesday.
Stock and commodity perps trade while the underlying is closed
This is the strangest part for most traders, so it deserves a plain statement: NVDA-PERP keeps trading on Saturday even though Nasdaq is shut. The perp's price comes from its own order book, so over a weekend it moves to wherever traders collectively expect the stock to open. If news breaks on a Sunday, the perp reacts immediately instead of gapping on Monday.
Treat that as both the feature and the warning. You can react to news the moment it happens, and so can everyone trading against you, at any hour.
The 00:00 UTC boundary still exists
The market has no daily close, but your account still has a daily rule. At 00:00 UTC the system records your starting equity or balance, whichever is higher, and your daily drawdown limit for the next 24 hours is calculated from that figure. This is the same reset that applies to your CFD accounts. See What is Daily Drawdown? for the general rule and Upcomers Perpetuals programs: complete rules and overview for your program's percentage.
Two consequences are worth planning around:
A position open across 00:00 UTC gets a new daily limit mid-trade. Your floating loss does not reset, but the level that would breach you is recalculated from your equity at that moment.
A profitable day locks in a higher floor for the next day. Because the reset takes the higher of equity and balance, a day that closes well raises tomorrow's starting point and therefore tomorrow's limit.
The Best Day Rule counts days on the same 00:00 UTC boundary. See Best Day Rule - The Complete Guide.
Liquidity varies even when hours do not
The market is always open, but it is not always equally busy. Order books are thinnest during quiet hours, which for crypto means late US evening through early Asian morning, and for the stock and commodity perps means the whole weekend.
Thinner books mean wider effective spreads and more slippage on market orders. If you trade size during off-hours, limit orders are your friend. See Fees and how your order fills.
Your risk does not sleep either
On a CFD account the weekend was forced downtime. Here a position can move against you at 4 AM on a Sunday, and the drawdown rules apply continuously. Two habits cover it:
Use a stop loss on anything you do not intend to watch.
Size positions so an overnight move cannot threaten your drawdown floor. See Leverage and margin on perpetuals.
The rare exception
There are no scheduled closures, but a market can be paused in unusual situations, for example if Hyperliquid delists a contract or a price feed degrades. In that case the symbol switches to close-only: you can exit existing positions but you cannot open new ones. See The perpetuals symbol catalog.
Where to go next
Read Funding rates, explained for the cost of holding through those extra hours, and Upcomers Perpetuals programs: complete rules and overview for the drawdown rules that run alongside them.
Need help?
Contact Upcomers support through live chat, the help center, or at [email protected].