Silver (SILVER) Perp Price
Go long or short on silver 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.
Silver perp price chart
Closing trade prices from Hyperliquid, in your time zone.
Market Stats
- Oracle price
- --
- Funding (1h)
- --
- Open interest
- --
- 24h volume
- --
- Max leverage
- --
Oracle price: from outside markets Sunday 6 PM to Friday 5 PM ET, except 5 to 6 PM ET Monday to Thursday; from Trade[XYZ]’s own order book at other times and on market holidays. Live data from Hyperliquid.
Silver 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 silver perp?
A silver perp follows the spot price of one troy ounce of silver in U.S. dollars. Take a long position if you expect silver to gain, or a short one if you expect it to slide, with no bars or coins to buy, store or insure. It has no expiry date, so you can hold it as long as your margin holds up. On fomo, silver perps are provided by Trade[XYZ], with up to 25x leverage, on web, iOS and Android.
How to trade silver 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 silver.
- 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 silver price
- Industrial demand
- More than half of silver demand comes from industry, such as solar panels and electronics, so factory activity matters.
- Gold
- Silver often follows gold, but its moves tend to be bigger in both directions.
- Rates and the dollar
- Silver pays no yield and is priced in dollars, so higher rates or a stronger dollar tend to weigh on it.
- Mine supply
- Most silver is mined as a by-product of lead, zinc, copper and gold, so output is slow to respond to its price.
Popular commodity 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 |
|---|---|---|---|
 Gold GOLD · Commodity | -- | -- | -- |
Silver SILVER · Commodity | -- | -- | -- |
 WTI crude oil WTIOIL · Commodity | -- | -- | -- |
Natural gas NATGAS · Commodity | -- | -- | -- |
Mark prices from Hyperliquid, refreshed every 20 seconds. Max leverage depends on the market.
Learn before you trade
Silver perps FAQ
What leverage can I use on silver?
Up to 25x on fomo. Lower leverage gives your position more room before liquidation.
Learn more: Leverage on perps
Silver perps vs buying silver: what’s the difference?
Buying silver means owning bars or coins and paying to store and insure them. A perp only tracks the price and no metal is ever delivered, but you can add leverage or go short.
Why does silver move more than gold?
Silver trades in a much smaller market than gold, and over half its demand comes from industry, so it reacts to both investor mood and the economy. That often makes its price swings bigger.
Can I short silver on fomo?
Yes. Choose short when you open the position if you think silver will fall. If it rises instead, the position loses value and can be liquidated.
Do silver perps expire?
No. Silver futures have set expiry dates, but a perp has none. Funding, paid every hour between longs and shorts, keeps its price close to spot silver.
Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.