About Hyperliquid Perpetual

The Hyperliquid Perpetual-Style Futures contract is a 5-year cash-settled futures contract that trades 24/7 and allows traders to manage risk, trade on margin, or speculate on the price of HYPE. Each contract represents 10 HYPE. This contract incorporates a funding rate mechanism to keep the futures prices closely aligned with the price of HYPE. Perpetual-style futures contracts also enjoy the 60/40 tax treatment, where 60% of the gains are taxed as long-term capital gains and 40% as short-term capital gains, regardless of the holding period.

Contract Details

Funding rate

0.0003%

Funding Est.

38 minutes

Direction

Long pays short

Expiry

Dec 2030 (4 years)

Contract size

10 HYPE

Currency

USD

Stats

Open interest

$3.68M

Settlement price

Not enough data

Volume (24h)

$1.66M

24%

Price trends

Price change (24h)

2.71%

Mid price

$53.09

High (24h)

$53.17

Low (24h)

$51.38

High (1Y)

$78.66

Low (1Y)

$49.00

Past performance is not a reliable indicator of future results.

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