# Perpetual futures prop firm platforms

> Most perpetual futures prop firms use a crypto exchange for prices rather than for execution, with Hyperliquid and Bybit the venues named most in firm records. A price feed means your evaluation is valued from that exchange’s market, while your orders are simulated by the firm. Some firms instead have you connect a demo account by API. Each guide shows which firms use which venue, and how.

**Source:** https://propfirmpal.com/perpetuals/trading-platforms  
**Generated:** 2026-11-11  
**Publisher:** Prop Firm Pal - independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## What platform do perps prop firms use?

Most perpetual futures prop firms use a crypto exchange for prices rather than for execution, with Hyperliquid and Bybit the venues named most in firm records. A price feed means your evaluation is valued from that exchange’s market, while your orders are simulated by the firm. Some firms instead have you connect a demo account by API. Each guide shows which firms use which venue, and how.

## Platform guides

- [Hyperliquid](https://propfirmpal.com/perpetuals/trading-platforms/hyperliquid) - Onchain perpetual futures exchange. 5 firms in our records.
- [Bybit](https://propfirmpal.com/perpetuals/trading-platforms/bybit) - Crypto exchange with perpetual futures. 3 firms in our records.

## Frequently asked questions

### Do perps prop firms trade on a real exchange?

Usually not: most firms simulate your fills against an exchange’s market data, and a few copy some trades to the venue. Our guide to simulated and copied execution explains the difference.

### What is the difference between a price feed and an execution venue?

A price feed is where a firm reads prices from, and an execution venue is where orders are sent. A firm can use one without the other, so check both on the firm’s rules before trading.

### Why are some platforms missing from this list?

We only publish a guide when a firm’s record shows it uses the platform. Firms change venues, so check the firm’s own rules for the current one.