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TOTAL2 (para) on Hyperliquid

Perpetual marketsnapshot · 2026-09-07 06:31 UTC
Trade TOTAL2 (para) on Hyperliquid

TOTAL2 (para) on Hyperliquid — price $1,086.19 (-0.05% 24h), funding -0.0179%/1h, open interest $880.3K, 24h volume $30.0K. Annualized funding -156.6%. Source: Hyperliquid official · as of 2026-09-07 06:31 UTC

Price
$1,086.19
-0.05% 24h
Funding (1h)
-0.0179%
-156.6% annualized
Open Interest
$880.3K
24h Volume
$30.0K
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Price range
All-time high
$1,090
2026-08-23
All-time low
$811.000
2026-06-25
52W high
$1,090
2026-08-23
52W low
$811.000
2026-06-25
History
History trajectoryApr 01Jun 19Sep 06

Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).

Export / download
Date range
Granularity
⬇ CSV⬇ JSON/api/hl/markets/para-total2-perp/history?format=csv&from=2026-06-14&to=2026-09-07&granularity=daily

Daily/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.

Cross-exchange · Predicted funding

Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.

About this market

TOTAL2 (Crypto Market Cap ex-BTC) is an index tracking the combined market capitalization of all cryptocurrencies excluding Bitcoin — a broad gauge of the rest of the crypto market ('altcoins' collectively) rather than any single coin or company. On HyperAcademy, para:TOTAL2 is a synthetic perpetual contract tracking this index, offered on the para builder dex — a third-party market deployed on Hyperliquid via the HIP-3 framework, not operated by Hyperliquid core. Trading para:TOTAL2 lets traders speculate on the aggregate strength of the non-Bitcoin crypto market, with up to 20x leverage available. Because this is an index computed and priced by an oracle on a permissionless builder dex, consider oracle-calculation risk (how constituent data is sourced and aggregated), builder/counterparty risk, and liquidity risk in addition to standard leverage/liquidation risk. As a broad market-wide index with higher available leverage, conservative position sizing is especially important.

What does para:TOTAL2 track?

It tracks total cryptocurrency market capitalization excluding Bitcoin — an index representing the combined size of all altcoins, not any single asset.

How is TOTAL2 different from trading Bitcoin or a single altcoin?

TOTAL2 reflects the market cap of the entire non-Bitcoin crypto market at once, so it can rise or fall based on broad altcoin sentiment even when Bitcoin itself is flat or moving differently — it's a market-wide view, not a single-asset bet.

What are the key risks trading para:TOTAL2?

Up to 20x leverage is available, which significantly magnifies gains and losses. Consider oracle/index-calculation risk, builder/third-party risk since para sets the market's parameters, liquidity risk, and standard liquidation risk — there are no guaranteed returns.

What is the TOTAL2 (para) funding rate on Hyperliquid?

As of the latest snapshot, TOTAL2 (para) funding is -0.0179%/1h (≈ -156.6% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 06:31 UTC.

What are TOTAL2 (para)'s 24h volume and open interest?

TOTAL2 (para) currently has $30.0K in 24h volume and $880.3K in open interest. As of 2026-09-07 06:31 UTC.

What is the max leverage for TOTAL2 (para)?

TOTAL2 (para) supports up to 20× leverage on Hyperliquid, in both isolated and cross-margin modes.

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