Japan 225 (JP225) Perp Price
Go long or short on the Japan 225 stock index 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.
Japan 225 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.
Japan 225 perps on fomo
- Funding
- Paid every hour, by one side to the other
- Provided by
- Trade[XYZ]
- Fees
- fomo 0.05% per trade + protocol trading fee
Perps are leveraged and carry a high risk of fast losses. Stock and commodity perps may not have the insurance fund or backstop protections some other markets have. That raises the risk that the protocol reduces or closes positions, even profitable ones, at prices it sets (auto-deleveraging).
What is a Japan 225 perp?
A Japan 225 perp follows the Japan 225, a price-weighted index of 225 leading Japanese companies. The price is the index level in yen, with no conversion to dollars, and gains and losses are settled in USDC. You don’t own the index’s shares, and the perp has no expiry date. On fomo, Japan 225 perps are provided by Trade[XYZ], with up to 20x leverage, on web, iOS and Android.
How to trade Japan 225 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 JP225.
- Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, on isolated margin (this market has no cross margin), add take profit or stop loss, and confirm.
What moves the Japan 225
- The yen
- A weaker yen tends to lift Japan’s big exporters, and a stronger one can weigh on them.
- Bank of Japan
- Its interest rate decisions can move both the yen and Japanese stocks.
- High-priced shares
- The index is price-weighted, so companies with high share prices move it more than their size alone would.
- Global demand
- Many of the companies sell worldwide, so U.S. markets and the global economy matter.
Popular index 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 |
|---|---|---|---|
 S&P 500 SP500 · Index | -- | -- | -- |
 XYZ U.S. 100 XYZ100 · Index | -- | -- | -- |
Japan 225 JP225 · Index | -- | -- | -- |
Mark prices from Hyperliquid, refreshed every 20 seconds. Max leverage depends on the market.
Learn before you trade
Japan 225 perps FAQ
What leverage can I use on the Japan 225?
Up to 20x on fomo. Lower leverage gives your position more room before liquidation.
Learn more: Leverage on perps
Japan 225 perps vs Japanese stocks: what’s the difference?
Owning Japanese shares makes you a part-owner of those companies, with dividends. A Japan 225 perp only tracks the index, adds leverage, and lets you go short.
Does the yen exchange rate affect Japan 225 perps?
Not directly. The perp follows the index level in yen, with no currency conversion, and profit and loss are settled in USDC.
Can I short the Japan 225 on fomo?
Yes. Choose short when you open the position if you think the index will fall. If it rises instead, the position loses value and can be liquidated.
Do Japan 225 perps expire?
No. A perp has no expiry date, so you can hold it 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.