> ## Documentation Index
> Fetch the complete documentation index at: https://docs.burst.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Perpetual Markets

> Leveraged longs and shorts on select Burst tokens.

<img src="https://mintcdn.com/burst/qkW5FaAtNnTbJB2Y/images/gitbook/how-to-1.webp?fit=max&auto=format&n=qkW5FaAtNnTbJB2Y&q=85&s=1f99321657028b7eff8aa042f1e116af" alt="" width="1100" height="288" data-path="images/gitbook/how-to-1.webp" />

## Burst perpetuals

<CardGroup cols={2}>
  <Card title="Built for attention markets">
    Burst operates its own perpetuals market on `burst.trade`.

    Selected memecoins and attention market tokens can trade beyond spot.

    That gives users direct access to leveraged long and short exposure on Burst itself.
  </Card>

  <Card title="Market snapshot">
    * Leveraged longs
    * Leveraged shorts
    * Selective listings
    * Burst-native advantage
    * No fixed listing threshold
  </Card>
</CardGroup>

<Note>
  Burst perpetuals are selective by design.

  The goal is not to list everything.

  The goal is to enable leverage where market quality already exists.
</Note>

## Why perpetuals exist

Spot trading is only one layer of market expression.

Perpetuals add a second layer.

They let traders express conviction in both directions.

That means users can trade momentum, hedge exposure, or position around attention shifts without relying on spot alone.

## Perpetual listing profile

Burst reviews markets case by case.

A token does not need to hit one exact number to qualify.

The review can weigh:

* sustained volume,
* stronger market capitalization,
* liquidity quality,
* user demand,
* and overall market behavior.

Higher-market-cap and higher-volume tokens are more likely to be listed.

## Why Burst tokens lead

Burst-native tokens usually have the strongest listing advantage.

Burst has clearer visibility into:

1. trading behavior,
2. liquidity quality,
3. market integrity,
4. and sustained user attention.

That gives Burst more confidence when deciding whether leverage should be enabled.

## Listing principles

<Accordion title="Burst does not guarantee listings">
  There is no automatic path to perpetual access.

  Every listing remains discretionary.
</Accordion>

<Accordion title="Other-platform tokens can still qualify">
  Burst can list tokens from outside its own launch surface when market quality justifies it.
</Accordion>

<Accordion title="Perpetuals are selective by design">
  The goal is not maximum token count.

  The goal is to support leveraged markets where real demand and real liquidity already exist.
</Accordion>

## Trading outcome

When a token is listed, Burst extends it from a spot market into a more complete trading market.

That gives users direct access to leveraged longs and shorts on the same platform where attention is already forming.