XYZ100 perp markets on Hyperliquid
US indices · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:XYZ100growth | 30,650 | 30,650 | +0.0 bps | +0.20% | 0.00063% | 5.5% | $183.22M | $1.00B | 18% | $39.97M | 30× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle; while the US market is closed the oracle is maintained by the deployer, not a live exchange price. Trade links go to the exchange and may be referral links.
XYZ100 volume spikes
XYZ100 across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 2m ago | xyz:XYZ100 | SELL | $83K | 7.5× | — | — | — |
| 14m ago | xyz:XYZ100 | SELL | $164K | 15.0× | +0.00% | — | — |
| 22m ago | xyz:XYZ100 | SELL | $332K | 30.5× | -0.02% | -0.01% | — |
| 31m ago | xyz:XYZ100 | SELL | $111K | 10.2× | +0.00% | -0.03% | — |
| 39m ago | xyz:XYZ100 | SELL | $92K | 8.5× | +0.01% | 0.00% | — |
| 53m ago | xyz:XYZ100 | SELL | $221K | 19.3× | -0.01% | +0.01% | — |
| 61m ago | xyz:XYZ100 | SELL | $201K | 15.3× | +0.02% | -0.01% | -0.01% |
| 81m ago | xyz:XYZ100 | SELL | $167K | 5.9× | 0.00% | +0.04% | +0.00% |
| 2h ago | xyz:XYZ100 | BUY | $203K | 7.1× | +0.02% | +0.03% | +0.02% |
| 2h ago | xyz:XYZ100 | SELL | $114K | 17.6× | -0.02% | +0.04% | +0.10% |
| 2h ago | xyz:XYZ100 | SELL | $99K | 15.5× | +0.01% | +0.02% | +0.13% |
| 2h ago | xyz:XYZ100 | SELL | $191K | 29.9× | -0.05% | -0.06% | +0.08% |
| 3h ago | xyz:XYZ100 | SELL | $82K | 12.9× | -0.01% | -0.03% | +0.11% |
| 3h ago | xyz:XYZ100 | SELL | $76K | 12.0× | -0.03% | -0.03% | +0.05% |
| 3h ago | xyz:XYZ100 | SELL | $103K | 16.4× | 0.00% | -0.03% | +0.03% |
| 3h ago | xyz:XYZ100 | BUY | $108K | 17.3× | 0.00% | -0.00% | -0.06% |
| 3h ago | xyz:XYZ100 | BUY | $102K | 16.0× | +0.02% | +0.02% | -0.05% |
| 4h ago | xyz:XYZ100 | MIXED | $246K | 36.7× | +0.01% | +0.00% | +0.03% |
| 4h ago | xyz:XYZ100 | BUY | $165K | 24.8× | -0.01% | +0.03% | +0.06% |
| 4h ago | xyz:XYZ100 | SELL | $140K | 4.9× | -0.01% | -0.01% | +0.08% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
XYZ100 perp FAQ
What is the XYZ100 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 XYZ100 perp track the underlying?
The trade.xyz mark is 30,650 against an oracle of 30,650, a basis of +0.0 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). The US market is closed right now, so the deployer maintains the oracle until the open.
What is the XYZ100 open interest cap?
trade.xyz caps xyz:XYZ100 open interest at $1.00B; $183.22M is in use right now (18%). When a market reaches its cap, orders that would add open interest are rejected until it falls.
Can I trade XYZ100 when the US market is closed?
Yes. The perp trades 24/7 on Hyperliquid, but the US session runs 09:30 to 16:00 New York time on trading days; outside it the oracle is set by the deployer and prices can gap at the open. Status now: US market closed · weekend.