GOLD perp markets on Hyperliquid
Oil, gold & commodities · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:GOLD | 4,280 | 4,280.1 | -0.2 bps | -0.01% | 0.00063% | 5.5% | $280.31M | $750.00M | 37% | $3.45M | 25× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.
GOLD volume spikes
GOLD across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 14m ago | xyz:GOLD | BUY | $86K | 145.0× | 0.00% | — | — |
| 29m ago | xyz:GOLD | BUY | $214K | 405.6× | 0.00% | 0.00% | — |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
GOLD perp FAQ
What is the GOLD funding rate on Hyperliquid?
0.00063% per hour on trade.xyz right now (5.5% APR), so longs pay shorts. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (0.0050% per 8h).
How closely does the GOLD perp track the underlying?
The trade.xyz mark is 4,280 against an oracle of 4,280.1, a basis of -0.2 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).
What is the GOLD open interest cap?
trade.xyz caps xyz:GOLD open interest at $750.00M; $280.31M is in use right now (37%). When a market reaches its cap, orders that would add open interest are rejected until it falls.