Hyperliquid Academy Independent · Unofficial
Perpetual market

HYPER on Hyperliquid

HYPER trades at $0.07197 on Hyperliquid, up 3.18% over 24 hours, with a maximum leverage of 3x, $115.63K of 24-hour volume, and $103.95K in open positions. Funding is 0.00125% per hour, so longs are paying shorts.

Maximum leverage on this market is 3x, which puts the maintenance margin at 16.67% of notional. Live figures read from the exchange's public API at 8 Sept 2026, 18:17 UTC.

What it costs to hold this position

Cost of a $10,000 position in HYPER, at the entry fee tier.
Taker fee to open$4.50
Taker fee with a referral code$4.32
Maker fee to open$1.50
Funding, per day at the current rate $3.00
Gas per trade$0

Funding is a payment between traders, not a fee. At the current rate, longs pay shorts every hour. How the rate is set.

Margin on this market

Maximum leverage3x
Maintenance margin16.67%
Initial margin at max leverage33.33%
Margin modeCross or isolated
Size decimals0
Oracle price$0.072

Maximum leverage can step down above published position-size thresholds. See the margin tiers, and how liquidation is calculated.

Questions about HYPER

What is the maximum leverage on HYPER on Hyperliquid?
3x. That sets the maintenance margin at 16.67% of notional, so a move of roughly that size against a fully extended position triggers liquidation.
What is the funding rate on HYPER?
0.00125% per hour at the last refresh, which is 0.03% per day if it held. Longs are paying shorts.
How much does it cost to trade HYPER?
A taker order at the entry fee tier costs 0.045% of notional, or 0.0432% with a referral code applied. There is no gas on the trade itself.

All 178 markets