Is Stacked Markets available in my country? Supported regions guide

Stacked Markets is accessible in roughly 190 countries — the UK, Singapore, Australia, France, Hong Kong, and most of Europe, Asia-Pacific, and Latin America among them. Access is not governed by a separate Stacked Markets regional policy. It follows Hyperliquid's Terms of Use, because Stacked Markets is a non-custodial interface that routes directly to Hyperliquid's on-chain order book. Where Hyperliquid is available, Stacked Markets works.

Contents

1. What determines access
2. Restricted regions as of May 2026
3. How the frontend block works
4. If you are in a supported region
5. Compliance is your responsibility
6. Testnet access — same regional rules apply
7. FAQs

What determines access

Stacked Markets holds no funds, runs no matching engine, and sets no margin or funding parameters. Order matching, margin accounting, funding rate settlement, liquidation — all of that is Hyperliquid. Stacked Markets is the execution interface and order routing layer sitting on top.

That architecture has a direct consequence for regional access: there is no independent Stacked Markets geo-policy. Access follows Hyperliquid's Terms of Use. If your jurisdiction is blocked by Hyperliquid, you cannot use Stacked Markets to trade on that liquidity — regardless of how you reach the terminal.

Restricted regions as of May 2026

The following jurisdictions are explicitly restricted under Hyperliquid's Terms of Use:

• United States — all states and territories, including citizens abroad
• Ontario, Canada — province-level restriction
• Cuba
• Iran
• North Korea
• Syria
• Crimea
• Donetsk
• Luhansk

The US restriction is not a soft block. US persons — including citizens accessing the platform from outside the country — are prohibited under Hyperliquid's Terms of Service. The frontend enforces this at the IP level. There is no workaround that makes it permissible.

How the frontend block works

The block is IP-based, implemented at the DNS and frontend layer. Connections from restricted IP ranges do not load the trading interface. This is a Terms of Service enforcement mechanism, not an on-chain restriction. The underlying Hyperliquid protocol is permissionless at the smart contract level — but the Terms of Use prohibit restricted-region users from accessing the platform, and the frontend enforces that at the application layer. Stacked Markets applies the same restriction on both the testnet and mainnet terminals.

If you are in a supported region

If your jurisdiction is not on the restricted list, here is what you need to get started:

• An Ethereum wallet — MetaMask, Rabby, or any compatible EOA wallet
• USDC on Arbitrum — bridged into your Hyperliquid margin account as collateral
• A signer address — linked during setup for transaction signing, without exposing your main wallet keys

No KYC. No account registration. No email address. You connect your wallet and trade. Stacked Markets will never ask for your seed phrase. The execution workspace includes a live order book, chart, positions panel, and order ticket. Orders are submitted as IOC-style slippage-bounded limit orders — the order fills within your specified slippage tolerance or it does not fill at all.

For a full setup walkthrough, see how to create a Stacked Markets account and connect a wallet.

Compliance is your responsibility

Stacked Markets and Hyperliquid enforce restrictions at the application layer. Local law compliance is yours to manage. Even where access is technically available, local regulations may restrict derivatives trading, leverage products, or specific asset classes. Tax treatment of perpetual futures PnL varies by country. Some jurisdictions require reporting of on-chain trading activity. The fact that a wallet can connect to the terminal does not mean trading is legally permissible in your specific situation. Know the rules that apply to you before you trade.

Perpetual futures carry significant risk of loss. Leverage amplifies both gains and losses. Only trade what you can afford to lose.

For more on how the platform handles custody and security, see Stacked Markets security: how your funds are protected.

Testnet access — same regional rules apply

The testnet terminal at testnet.stackedmarkets.com applies the same regional restrictions as mainnet. If your jurisdiction is on the restricted list, testnet is also blocked.

For traders in supported regions, testnet is the right place to start. The full execution workspace — order book, chart, positions, order ticket — is live with zero mainnet risk. The mechanic is identical to what mainnet will use.

FAQs

Is Stacked Markets available in the United States?

No. The United States is explicitly restricted under Hyperliquid's Terms of Use. Stacked Markets routes to Hyperliquid's order book, so the same restriction applies. US persons — including citizens accessing the platform from abroad — are prohibited. The frontend blocks US IPs at the DNS layer.

Do I need KYC to use Stacked Markets?

No. Access is wallet-based. You connect an Ethereum wallet, link a signer address, and trade directly — no identity verification, no email registration, no account creation in the traditional sense. Stacked Markets will never ask for your seed phrase.

How do I know if my country is supported?

If your jurisdiction is not on the restricted list above, access is available. The restricted list covers the US, Ontario (Canada), Cuba, Iran, North Korea, Syria, Crimea, Donetsk, and Luhansk. Most of Europe, the UK, Singapore, Hong Kong, Australia, and the majority of Asia-Pacific and Latin America are supported.

Can I use a VPN to access Stacked Markets from a restricted region?

Using a VPN to circumvent regional restrictions violates Hyperliquid's Terms of Use. Stacked Markets does not recommend or support this. If your jurisdiction is restricted, the Terms of Service prohibition applies regardless of how you route your connection.

What happens if regional rules change?

Hyperliquid's Terms of Use govern access, and those terms can be updated. If a jurisdiction is added to or removed from the restricted list, that change flows through to Stacked Markets automatically. It is your responsibility to confirm your jurisdiction remains in compliance with the current Terms of Use before trading.

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Outside the restricted regions? Connect a wallet and start on testnet today. Full execution workspace, no mainnet risk.

Open the testnet terminal at testnet.stackedmarkets.com →