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OURA Perp on Hyperliquid (HIP-3)

OURA perpetual futures on Hyperliquid's HIP-3 dexes (Pre-IPO): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.

OURA trades on 1 HIP-3 dex; on trade.xyz the mark is 49.837 against an oracle of 49.856, a basis of -3.8 bps. Funding is 0.00005% per hour (0.5% APR), so longs pay shorts. Open interest is $374K, with trade.xyz at 1% of its $25.00M cap, and $50K traded in 24 hours. On HTX the OURA-USDT perp funds at 0.00000% per hour (0.0% APR).

As of 17:34 UTC

Marktrade.xyz
49.837
Oracle 49.856-3.8 bps
Funding per hour
0.00005%
0.5% APRlongs pay shorts
Open interest
$374K
1% of $25.00M cap
24h volume
$50K
-0.51% 24h

OURA perp markets on Hyperliquid

Pre-IPO · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
trade.xyz xyz:OURAgrowth 49.837 49.856 -3.8 bps -0.51% 0.00005% 0.5% $374K $25.00M 1% $50K 5× 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.

OURA perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
HTX OURA-USDT 50.360 0.00000% 0.0% $16K $149K Trade

OURA volume spikes

OURA across exchanges →

No OURA volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.

OURA perp FAQ

What is the OURA funding rate on Hyperliquid?

0.00005% per hour on trade.xyz right now (0.5% 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 (0.0004% per 8h).

How closely does the OURA perp track the underlying?

The trade.xyz mark is 49.837 against an oracle of 49.856, a basis of -3.8 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 OURA open interest cap?

trade.xyz caps xyz:OURA open interest at $25.00M; $374K is in use right now (1%). When a market reaches its cap, orders that would add open interest are rejected until it falls.