Volume Monitor
Live crypto data · 8 exchanges

SILVER Perp on Hyperliquid (HIP-3)

SILVER perpetual futures on Hyperliquid's HIP-3 dexes (Oil, gold & commodities): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.

SILVER trades on 1 HIP-3 dex; on trade.xyz the mark is 64.186 against an oracle of 64.178, a basis of +1.2 bps. Funding is 0.00063% per hour (5.5% APR), so longs pay shorts. Open interest is $236.82M, with trade.xyz at 47% of its $500.00M cap, and $3.93M traded in 24 hours. On MEXC the SILVER_USDT perp funds at 0.00000% per hour (0.0% APR).

As of 18:28 UTC

Marktrade.xyz
64.186
Oracle 64.178+1.2 bps
Funding per hour
0.00063%
5.5% APRlongs pay shorts
Open interest
$236.82M
47% of $500.00M cap
24h volume
$3.93M
-0.04% 24h

SILVER 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:SILVERgrowth 64.186 64.178 +1.2 bps -0.04% 0.00063% 5.5% $236.82M $500.00M 47% $3.93M 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.

SILVER perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
MEXC SILVER_USDT 64.200 0.00000% 0.0% $146.64M $8.99M Trade

SILVER volume spikes

SILVER across exchanges →
Buy-side: 1 · +15m avg +0.09% (100% of 1 went up)Sell-side: 2 · +15m avg -0.01% (50% of 2 went down)
WhenDexSide$ in 1m× normal+5m+15m+1h
2h ago xyz:SILVER SELL $92K 143.2× +0.02% +0.02% +0.06%
2h ago xyz:SILVER SELL $77K 126.2× -0.05% -0.05% +0.02%
2h ago xyz:SILVER BUY $126K 221.2× -0.04% +0.09% +0.07%

Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.

SILVER perp FAQ

What is the SILVER 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 SILVER perp track the underlying?

The trade.xyz mark is 64.186 against an oracle of 64.178, a basis of +1.2 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 SILVER open interest cap?

trade.xyz caps xyz:SILVER open interest at $500.00M; $236.82M is in use right now (47%). When a market reaches its cap, orders that would add open interest are rejected until it falls.