TCNT Perp on Hyperliquid (HIP-3)
TCNT perpetual futures on Hyperliquid's HIP-3 dexes (Non-US stocks & indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
TCNT trades on 1 HIP-3 dex; on EntropyIO the mark is 53.569 against an oracle of 53.541, a basis of +5.2 bps. Funding is 0.00116% per hour (10.2% APR), so longs pay shorts. Open interest is $93K, with EntropyIO at 4% of its $5.00M cap, and $86K traded in 24 hours.
Market health
no active flags- ✓No flagsAvailable data: No TCNT market is more than 1% from its oracle while the underlying is closed, and none is at 90% or more of its open interest cap. Unreported oracle and cap values are shown as —.
Funding configuration
EntropyIOFunding multiplier ×0.125. EntropyIO applies a funding multiplier of ×0.125 to io:TCNT, scaling the rate Hyperliquid's funding formula would otherwise give.
TCNT perp markets on Hyperliquid
Non-US stocks & indices · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EntropyIO io:TCNTgrowth | 53.569 | 53.541 | +5.2 bps | +1.12% | 0.00116% | 10.2% | ×0.125 | $93K | $5.00M | 4% | $86K | 10× | 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.
TCNT contract history
History for io:TCNT only. Funding shows quoted rate history, not settled payments: Hyperliquid settles hourly; the chart uses normalized 8h rates (hourly × 8), displayed as percentages. Gaps are not recorded data.
Open interest history
io:TCNTLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
TCNT volume spikes
TCNT across exchanges →No recent TCNT volume spikes. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
TCNT perp FAQ
What is the TCNT funding rate on Hyperliquid?
0.00116% per hour on EntropyIO right now (10.2% 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 (0.0093% per 8h).
How closely does the TCNT perp track the underlying?
The EntropyIO mark is 53.569 against an oracle of 53.541, a basis of +5.2 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 TCNT open interest cap?
EntropyIO caps io:TCNT open interest at $5.00M, measured the way Hyperliquid counts it (long and short sides together); 4% of the cap is in use right now. When a market reaches its cap, orders that would add open interest are rejected until it falls.