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PAXG Perpetual on Hyperliquid

Perpetual marketsnapshot · 2026-09-06 20:15 UTC
Trade PAXG Perpetual on Hyperliquid

PAXG Perpetual on Hyperliquid — price $4,420.4 (-0.24% 24h), funding +0.0013%/1h, open interest $22.8M, 24h volume $552.6K. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 20:15 UTC

Price
$4,420.4
-0.24% 24h
Funding (1h)
+0.0013%
+11.0% annualized
Open Interest
$22.8M
24h Volume
$552.6K
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Whale skew (top-20 whale positioning bias — not whole market)
68% Long
32%
Price range
All-time high
$5,632.6
2026-01-29
All-time low
$2,953
2025-04-07
52W high
$5,632.6
2026-01-29
52W low
$3,060.1
2025-10-10
History
History trajectoryMar 25Dec 25Sep 26

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/paxg-perp/history?format=csv&from=2026-06-14&to=2026-09-06&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

PAX Gold is the outlier on this list in one important way: each token is backed 1:1 by physical gold held in professional vaults, which makes its price behavior fundamentally different from the rest of Hyperliquid's crypto-native markets. Rather than tracking crypto market sentiment, PAXG's perpetual largely mirrors the spot gold price, giving traders a way to take leveraged positions on gold without needing a traditional commodities account. Because of that underlying stability, PAXG tends to show meaningfully lower volatility than any other market on this list — including BTC — which is part of why some traders use it as a portfolio hedge or a low-correlation position during periods of broader crypto turbulence. Leverage on PAXG sits at a solid tier reflecting that comparative stability. Funding on PAXG-USD is generally calmer than on crypto-native assets, though the perpetual can still see modest deviations from spot gold pricing driven by Hyperliquid-specific supply and demand for long or short exposure.

What is the maximum leverage for PAXG on Hyperliquid?

PAXG-USD perpetuals support up to 10x leverage.

Does PAXG track the price of gold?

Yes — each PAXG token is backed 1:1 by physical gold in vault storage, so its perpetual price on Hyperliquid closely mirrors spot gold rather than typical crypto market movements.

Is PAXG less volatile than other Hyperliquid markets?

Generally yes, since its price is anchored to physical gold rather than crypto-market sentiment, which tends to produce smaller swings than BTC or altcoin perpetuals see.

What is the PAXG Perpetual funding rate on Hyperliquid?

As of the latest snapshot, PAXG Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 20:15 UTC.

What are PAXG Perpetual's 24h volume and open interest?

PAXG Perpetual currently has $552.6K in 24h volume and $22.8M in open interest. As of 2026-09-06 20:15 UTC.

What is PAXG Perpetual's all-time high on Hyperliquid?

PAXG Perpetual's all-time high is $5,632.6 on 2026-01-29; the all-time low is $2,953 on 2025-04-07. The 52-week range is $3,060.1–$5,632.6. As of 2026-09-06 20:15 UTC.

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