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S Perpetual on Hyperliquid

Perpetual marketsnapshot · 2026-09-06 11:15 UTC
Trade S Perpetual on Hyperliquid

S Perpetual on Hyperliquid — price $0.03044 (+3.34% 24h), funding -0.0007%/1h, open interest $694.8K, 24h volume $166.6K. Annualized funding -6.1%. Source: Hyperliquid official · as of 2026-09-06 11:15 UTC

Price
$0.03044
+3.34% 24h
Funding (1h)
-0.0007%
-6.1% annualized
Open Interest
$694.8K
24h Volume
$166.6K
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Price range
All-time high
$0.99240
2025-02-21
All-time low
$0.01811
2026-06-25
52W high
$0.32567
2025-09-13
52W low
$0.01811
2026-06-25
History
History trajectoryJan 25Nov 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/s-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

Sonic is a high-throughput, EVM-compatible layer-1 blockchain that emerged as a rebrand and technical overhaul of the older Fantom network, aiming to compete on transaction speed and sub-second finality. S is the chain's native asset, used for gas, staking, and — as part of the network's pitch to developers — a fee-sharing program that routes a portion of transaction fees back to the builders of popular applications. Because Sonic is positioning itself around attracting new developer activity rather than an established DeFi base, S's price can be sensitive to ecosystem-growth announcements, new app launches, and incentive-program news more than typical layer-1 tokens. Hyperliquid places this market in the middle of its leverage range, reflecting a network still building out its post-rebrand track record. Funding on S-USD can move meaningfully around major ecosystem incentive announcements or shifts in broader sentiment toward newer, high-speed L1 challengers.

How generous is the leverage on S-USD?

Hyperliquid's table shows S capped at 5x leverage.

Is Sonic a new blockchain or is it based on something else?

Sonic is a rebrand and technical overhaul of the older Fantom network, built for high throughput and fast finality with a fee-sharing incentive for app developers.

Does S react mainly to ecosystem news rather than price-wide trends?

Ecosystem-growth announcements, new app launches, and incentive-program updates tend to be meaningful drivers here, on top of the usual broad crypto-market sentiment.

What is the S Perpetual funding rate on Hyperliquid?

As of the latest snapshot, S Perpetual funding is -0.0007%/1h (≈ -6.1% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 11:15 UTC.

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

S Perpetual currently has $166.6K in 24h volume and $694.8K in open interest. As of 2026-09-06 11:15 UTC.

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

S Perpetual's all-time high is $0.99240 on 2025-02-21; the all-time low is $0.01811 on 2026-06-25. The 52-week range is $0.01811–$0.32567. As of 2026-09-06 11:15 UTC.

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