> For the complete documentation index, see [llms.txt](https://docs.capybara.exchange/english/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.capybara.exchange/english/getting-started/features/capy-perp.md).

# Capy Perp

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdF1-sdkN0NjBNgP-I6qa_H48FpcAoB30swSQH7juGdugs7L7E54_jwx5os98mKuiTHsj2CscK4qEE09cN6537YYo9jS0cCqpjRZ2ZgJMg-BGOCOonKJtKv6FnY-VYovz5zHvgJkQZU_dNfkE6Odn1DfeU?key=lAtu2cRJFj8VmvTgqctLSQ" alt=""><figcaption></figcaption></figure>

We started October with a blast by releasing our new product on CapybaraDEX - [Capy Perp](https://perp.capybara.exchange/) - the First Perpetual DEX to use KAIA Liquid Staking Token (stKAIA) on Kaia.

Capy Perp introduces an innovative DeFi element on Kaia, enabling users to leverage trade perpetuals of popular crypto and forex, using stKAIA as collateral. Interested in trading on Capy Perp but unsure how to begin? Don't worry, we've got you covered.&#x20;

Here’s a full guide on everything you need to know to start trading on Capy Perp.

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