FAQ
What is Verus, in one line?
A perp aggregator with best execution. You enter a position and Verus routes it to the venue with the lowest all-in cost across Hyperliquid, Lighter, Orderly, GMX, and Ostium. See the Introduction.
Who is Verus for?
Verus v1 focuses on best execution, so it is built for people who care about getting the best price: active traders, institutions, and agentic strategies. A broader suite for every kind of trader is planned.
Does Verus do anything besides perps?
Yes. Copy trading is a second product under the same login, on the Memecoins tab. You follow memecoin creators and their Solana trades are mirrored into a wallet of yours automatically. It is a separate wallet on a separate chain with its own fee and its own custody model, so read Copy trading rather than assuming this section applies to it.
What fees do I pay?
On perps, Verus charges you zero. You pay the fees of whichever venue your trade is routed to, and those differ a lot: some venues charge nothing to trade, and one pays you a rebate when you add liquidity. Verus adds no markup on top. See Fees for the per-venue numbers.
Copy trading is a separate product and does carry a platform fee, on top of Solana’s own network costs. See Copy trading fees.
What can Verus do with my embedded wallet?
Verus can ask your wallet to sign a fixed set of trading actions: setting up your venue accounts, moving a trade’s collateral to a venue, bringing funds back, and the small USDC gas payments those need. The private key stays with the wallet provider and never reaches Verus, and a withdrawal can only be sent to your own wallet. See Under the hood.
Is Verus custodial? Does it hold my funds?
Your perps account is non-custodial. Those funds live in an embedded account tied to your login, and Verus cannot move them to an address you did not authorize. See Security.
The copy trading wallet is different, and custodial: Verus generates and holds its Solana key so trades can be signed the instant a creator moves, and there is no key export today. It is a separate wallet holding separate funds. See Security and custody.
Do I choose the venue?
Not per trade: that is the point of Verus. You enter the position, and Verus models the full cost on each eligible venue and routes to the cheapest. What you do control is which venues are eligible at all: you can disable any venue for your account, and routing then only considers the ones you left enabled. See Best execution and Venues.
Can I set a take-profit or stop-loss?
Yes, on every venue. You can attach take-profit and stop-loss levels when you open the position, or add and edit them on a position that is already open. See Placing a trade.
Do I need to deposit to each venue separately?
No. You fund one account. Verus moves only a trade’s collateral to the venue it routes to, and it returns when you close. See How Verus works.
What do I fund my account with?
Just Arbitrum USDC. A paymaster lets you pay gas in USDC rather than ETH, so you do not need to hold ETH. USDC can be sent from any wallet. See Deposits & withdrawals.
When I enter a dollar amount, is that my margin or my position size?
It is the position’s notional value, not the collateral. Verus converts USD to a token size at the current price, and leverage then determines how much collateral is locked. See Placing a trade.
What is the Savings tab?
After a trade closes, the Savings tab shows your realized savings: what you actually saved versus the alternative venues, based on the trade that really happened, not just the pre-trade estimate.
Do I need ETH for gas?
No. Verus uses the Circle Paymaster (with a Pimlico bundler, ERC-4337) so you pay gas in USDC instead of ETH. A few cents of USDC are deducted per on-chain action to cover the actual gas cost (capped at 1 USDC per operation, unused amount refunded). You only need Arbitrum USDC in your account.
What happens if my position is liquidated?
Positions use isolated margin, so a liquidation is capped at that position’s collateral. It cannot reach your other positions or your account balance.
Which venues does Verus support?
Hyperliquid, Lighter, and Orderly (order books), plus GMX and Ostium (on-chain perps) today. More are planned. See Venues.
How do I get my money out?
Close any open positions to return funds to your account, then withdraw to an external address. Withdrawals respect each venue’s minimum, and Verus warns you up front if your amount is too small.
I found a bug or security issue. Where do I report it?
Email team@verusapp.io or message us on Telegram . For suspected security issues, please use email rather than a public channel.