kPEPE Perpetual on Hyperliquid
4% fee discount with referral code HYPERLAB
kPEPE Perpetual on Hyperliquid — price $0.004835 (+11.79% 24h), funding +0.0013%/1h, open interest $46.4M, 24h volume $21.6M. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-10-28 05:00 UTC
- Trading status
- Live
- Max leverage
- 10×
- Funding settlement
- Hourly (1h)
- Trading hours
- 24/7/365 (no market open or close)
- Daily history since
- 2023-05-05
Contract spec from operator documentation · snapshot as of 2026-10-28 05:00 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/kpepe-perp/history?format=csv&from=2026-06-14&to=2026-10-28&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
kPEPE tracks PEPE, the Ethereum-based frog meme coin that helped kick off the 2023 meme-coin cycle; the 'k' prefix is Hyperliquid's notation for pricing the market per 1,000 units of the underlying token, since PEPE's actual unit price is extremely small. There's no product, roadmap, or revenue behind the asset — day-to-day pricing mostly reflects community attention, meme-cycle rotation, and the market's overall appetite for speculative crypto assets. Despite that, PEPE remains one of the highest-volume meme coins by market cap, which is part of why Hyperliquid offers a comparatively high leverage tier for it relative to smaller memes. Funding on kPEPE-USD can swing hard and fast during meme-sector rotations, sometimes moving independently of BTC or ETH entirely. Traders treating this as a pure sentiment instrument rather than a fundamentals trade tend to have a more realistic read on what actually moves the price day to day.
What's the highest leverage setting for kPEPE on Hyperliquid?
Traders can go up to 10x on kPEPE-USD under Hyperliquid's current tiering.
Why does kPEPE have a 'k' in its name?
The 'k' prefix means the market is quoted per 1,000 units of the underlying PEPE token, a convention Hyperliquid uses for assets with very small per-unit prices.
Does PEPE have any underlying utility or product?
No — PEPE is a meme coin with no product or revenue behind it; its price is driven almost entirely by community sentiment and speculative attention.
What is the kPEPE Perpetual funding rate on Hyperliquid?
As of the latest snapshot, kPEPE Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 05:00 UTC.
What are kPEPE Perpetual's 24h volume and open interest?
kPEPE Perpetual currently has $21.6M in 24h volume and $46.4M in open interest. As of 2026-10-28 05:00 UTC.
Can I trade kPEPE Perpetual 24/7 on Hyperliquid?
Yes. kPEPE Perpetual is a crypto market, so it trades 24/7/365 on Hyperliquid with no market open or close, and funding settles every hour.
How can I trade kPEPE Perpetual on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the kPEPE Perpetual market. Signing up with referral code HYPERLAB gives a 4% fee discount on your first $25M of volume. Perpetuals use leverage (up to 10× on this market), so positions can be liquidated — size positions conservatively.