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Track
Following
Favorites
Trade
Swap
Earn
Perps
Explore
Trending
Stocks
Collections
Premium
Rewards
Connect Wallet
Following
Favorites
Swap
Earn
Perps
Trending
Stocks
Collections
Premium
Rewards
HYPE icon
HYPE icon

HYPE Perp

Hyperliquid logo
Hyperliquid
24h Volume$286.7MOpen Interest$2BFunding (1h)+0.00125%Premium+0%Oracle price$85.13Max Leverage10x
$85.14+0.45%

About this contract

HYPE-PERP is a perpetual futures contract on Hyperliquid, settled in USDC. It never expires — the position stays open until you close it or it is liquidated. Every hour, funding is exchanged between longs and shorts to hold the contract price against the HYPE index.

Your margin is shared across every Hyperliquid position in this wallet, so a loss here can move the liquidation price of the others.

Cross marginIndexHYPE/USDSettles in USDCFunding hourlySize step0.01 HYPE