Hyperliquid (HYPE) Perp Price
Go long or short on HYPE, Hyperliquid’s token, with perpetual futures (perps), on fomo web and mobile.
Mark price
past 24 hours
Not available in the U.S. or to U.S. persons.
Hyperliquid perp price chart
Closing trade prices from Hyperliquid, in your time zone.
Market Stats
- Oracle price
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- Funding (1h)
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- Open interest
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- 24h volume
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- Max leverage
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Live data from Hyperliquid.
HYPE perps on fomo
- Funding
- Paid every hour, by one side to the other
- Provided by
- Hyperliquid
- Fees
- fomo 0.05% per trade + protocol trading fee
Perps are leveraged and carry a high risk of fast losses. The protocol can also reduce or close positions without notice, even profitable ones (auto-deleveraging).
What is a HYPE perp?
A HYPE perp follows the price of HYPE, the token of Hyperliquid, a blockchain with its own built-in perps exchange. A long gains when HYPE rises and a short gains when it falls, and you never hold the token. It has no expiry date, so you can hold it as long as your margin holds up. On fomo, HYPE perps are provided by Hyperliquid, with up to 10x leverage, on web, iOS and Android.
How to trade HYPE perps on fomo
- Log in to fomo on web or mobile, confirm you’re not a U.S. Person, and move USDC into your perps cash balance (minimum 5 USDC).
- Open Perps and pick HYPE.
- Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, pick isolated or cross margin, add take profit or stop loss, and confirm.
What moves the HYPE price
- Trading on Hyperliquid
- Part of the exchange’s trading fees is used to buy HYPE on the market, so busier trading means more buying.
- Token unlocks
- HYPE set aside for Hyperliquid’s core contributors is released in stages, adding supply over time.
- Competition
- Other exchanges compete for the same perps traders, so shifts in Hyperliquid’s share of trading can move HYPE.
Popular crypto perps on fomo
Every Hyperliquid and Trade[XYZ] perps market is tradeable on fomo: crypto, stocks, indices, commodities and pre-IPO. Each market page shows the live mark price, a price chart, funding and open interest.
| Market | Price | 24h change | Max leverage |
|---|---|---|---|
 Bitcoin BTC · Crypto | -- | -- | -- |
 Ethereum ETH · Crypto | -- | -- | -- |
 Solana SOL · Crypto | -- | -- | -- |
Hyperliquid HYPE · Crypto | -- | -- | -- |
Mark prices from Hyperliquid, refreshed every 20 seconds. Max leverage depends on the market.
Learn before you trade
HYPE perps FAQ
What is the maximum leverage on HYPE perps?
Up to 10x on fomo, the same as most altcoins. Lower leverage gives your position more room before liquidation.
Learn more: Leverage on perps
Is HYPE the same as Hyperliquid?
Not exactly. Hyperliquid is the network and its exchange, and HYPE is the token people stake to help run it. That exchange also provides this perp on fomo.
HYPE perps vs buying HYPE: what’s the difference?
Buying HYPE gives you tokens you can hold or stake on Hyperliquid. A HYPE perp tracks the price alone, so there’s nothing to stake, but you can add leverage or go short.
Can I short HYPE on fomo?
Yes. Select short when opening the trade if you expect HYPE to fall. Should HYPE rally instead, the short loses value and can be liquidated.
Do HYPE perps expire?
No. A HYPE perp has no end date, so you can keep it open as long as your margin holds up.
Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.