US500 (mkts) on Hyperliquid
US500 (mkts) on Hyperliquid — price $769.160 (-0.25% 24h), funding +0.0006%/1h, open interest $1.6M, 24h volume $1.7M. Annualized funding +5.0%. Source: Hyperliquid official · as of 2026-09-07 02:31 UTC
The US500 (mkts) perpetual trades 24/7 on Hyperliquid, including while the underlying market is closed. While the underlying market is shut the oracle stops using external quotes and advances an internal price anchored to the last external print, snapping back to the external reference once quotes resume. The Indices hub explains how that works for this asset class.
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/mkts-us500-perp/history?format=csv&from=2026-06-14&to=2026-09-07&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.
US500 (S&P 500) is an index tracking the performance of 500 large publicly traded U.S. companies — a broad benchmark for the overall U.S. stock market, not a single company. On HyperAcademy, mkts:US500 is a synthetic perpetual contract tracking the S&P 500 index level, offered on the mkts builder dex — a third-party market deployed on Hyperliquid via the HIP-3 framework, not operated by Hyperliquid core. Trading mkts:US500 gives leveraged price exposure to the broad U.S. equity market without holding any individual stocks, with up to 25x leverage available. Because mkts, as a permissionless HIP-3 builder, independently sets funding rates, oracle sourcing, and margin rules, consider builder/counterparty risk and oracle-pricing risk (the perp price may diverge from the real index level). The high leverage available on this index product means liquidation risk is significant — size positions conservatively and confirm oracle/funding mechanics before trading.
What is mkts:US500?
A synthetic perpetual futures contract on the mkts builder dex (built on Hyperliquid via HIP-3) that tracks the level of the S&P 500 index — a basket of 500 major U.S. companies — allowing leveraged long or short exposure without holding any stocks.
Am I buying shares of S&P 500 companies with mkts:US500?
No. It's a derivative referencing the S&P 500 index level via an oracle. You never own shares, receive dividends, or hold any company stock — only exposure to the index's price movement.
What are the main risks trading mkts:US500?
Up to 25x leverage is available, which can lead to rapid liquidation on adverse moves. Consider oracle-pricing risk (divergence from the real index level), builder/third-party risk since mkts sets its own parameters, and liquidity risk — profits are never guaranteed.
What is the US500 (mkts) funding rate on Hyperliquid?
As of the latest snapshot, US500 (mkts) funding is +0.0006%/1h (≈ +5.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are US500 (mkts)'s 24h volume and open interest?
US500 (mkts) currently has $1.7M in 24h volume and $1.6M in open interest. As of 2026-09-07 02:31 UTC.
What is the max leverage for US500 (mkts)?
US500 (mkts) supports up to 25× leverage on Hyperliquid, in both isolated and cross-margin modes.