# Balances

<figure><img src="/files/f8xQLQDgKh7sCSftngIe" alt="Balances table showing spot and perps balances associated with the account."><figcaption><p>Balances table showing spot and perps balances associated with the account.</p></figcaption></figure>

Balances shows the spot and perps balances associated with your Hyperliquid account.

Use this block to confirm which assets are available, which balances are being used as margin, and whether your account has enough collateral before opening new positions.

## When to check Balances

* Before placing a trade from the [Trade form](/terminal-sections/trade-form.md).
* After deposits, withdrawals, or transfers.
* When available margin in the [Account](/terminal-sections/account.md) block does not match what you expected.
* Before switching strategies that require more collateral.

Related pages: [Account](/terminal-sections/account.md), [Positions](/terminal-sections/positions.md), [Connect wallet](/getting-started/connect-wallet.md).


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