POLYX Perpetual on Hyperliquid
4% fee discount with referral code HYPERLAB
POLYX Perpetual on Hyperliquid — price $0.03281 (+0.90% 24h), funding -0.0164%/1h, open interest $156.1K, 24h volume $171.9K. Annualized funding -143.6%. Source: Hyperliquid official · as of 2026-10-28 03:45 UTC
- Trading status
- Live
- Max leverage
- 3×
- Funding settlement
- Hourly (1h)
- Trading hours
- 24/7/365 (no market open or close)
- Daily history since
- 2023-10-24
Contract spec from operator documentation · snapshot as of 2026-10-28 03:45 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/polyx-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.
Polymesh is a purpose-built blockchain designed specifically for regulated, security-token use cases, embedding features like identity verification and compliance rules directly at the protocol level rather than bolting them on afterward through separate smart contracts, an approach aimed at institutions issuing tokenized traditional assets. POLYX covers gas costs and anchors governance for the network, applied to transaction fees, staking, and votes on compliance-related protocol parameters. Because Polymesh's target market is fundamentally institutional — asset issuers and regulated entities rather than typical retail DeFi users — POLYX's price can be less reactive to general meme-coin or retail-driven crypto sentiment and more sensitive to news about institutional tokenization partnerships and regulatory developments around security tokens specifically. The platform's tiering keeps leverage on the lighter side here, appropriate for a smaller-cap, niche-focused infrastructure token. Funding on POLYX-USD tends to be relatively calm outside of institutional-adoption-specific announcements.
Can POLYX-USD be leveraged aggressively on Hyperliquid?
POLYX is leveraged up to 3x under current terms.
What makes Polymesh different from a typical smart-contract platform?
Polymesh embeds identity verification and compliance rules directly at the protocol level, purpose-built for regulated security-token issuance rather than general-purpose DeFi applications.
Why might POLYX react differently than retail-driven altcoins?
Its target market is fundamentally institutional, so POLYX's price tends to be more sensitive to institutional tokenization and regulatory news than to typical retail-driven meme-coin sentiment.
What is the POLYX Perpetual funding rate on Hyperliquid?
As of the latest snapshot, POLYX Perpetual funding is -0.0164%/1h (≈ -143.6% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 03:45 UTC.
What are POLYX Perpetual's 24h volume and open interest?
POLYX Perpetual currently has $171.9K in 24h volume and $156.1K in open interest. As of 2026-10-28 03:45 UTC.
What is POLYX Perpetual's all-time high on Hyperliquid?
POLYX Perpetual's all-time high is $0.75700 on 2024-03-31; the all-time low is $0.02766 on 2026-08-18. The 52-week range is $0.02766–$0.09186. As of 2026-10-28 03:45 UTC.
How can I trade POLYX Perpetual on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the POLYX Perpetual market. Signing up with referral code HYPERLAB gives a 4% fee discount on your first $25M of volume. Perpetuals use leverage (up to 3× on this market), so positions can be liquidated — size positions conservatively.