SNX Perpetual on Hyperliquid
SNX Perpetual on Hyperliquid — price $0.22548 (+4.43% 24h), funding +0.0013%/1h, open interest $380.5K, 24h volume $557.0K. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 20:15 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/snx-perp/history?format=csv&from=2026-06-14&to=2026-09-06&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.
Synthetix is one of DeFi's earlier derivatives protocols, letting users mint synthetic assets that track the price of real-world assets like currencies, commodities, or equities through an overcollateralized staking pool rather than direct custody of the underlying. SNX is the protocol's native token, staked by users to back the system's synthetic assets in exchange for a share of trading fees generated across the platform. Because SNX stakers are directly exposed to the protocol's overall debt pool, SNX's price and the health of that pool are more tightly linked than in most DeFi governance tokens, making protocol-level risk parameters unusually relevant to price. Hyperliquid assigns a modest leverage tier here, matching an asset whose market cap and liquidity trail the platform's larger listings. Funding on SNX-USD can move around changes to the protocol's collateralization requirements or debt-pool composition.
Can SNX perpetuals be leveraged aggressively?
Yes, SNX perpetuals can be leveraged up to 3x.
What does Synthetix, the protocol behind SNX, let users do?
Synthetix lets users mint synthetic assets tracking real-world prices like currencies or commodities through an overcollateralized SNX staking pool, rather than holding the underlying asset directly.
Why is SNX's price unusually tied to the protocol's debt pool?
SNX stakers are directly exposed to the system's overall debt pool, so changes in collateralization requirements or debt composition can affect SNX's price more directly than for typical DeFi governance tokens.
What is the SNX Perpetual funding rate on Hyperliquid?
As of the latest snapshot, SNX Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 20:15 UTC.
What are SNX Perpetual's 24h volume and open interest?
SNX Perpetual currently has $557.0K in 24h volume and $380.5K in open interest. As of 2026-09-06 20:15 UTC.
What is SNX Perpetual's all-time high on Hyperliquid?
SNX Perpetual's all-time high is $5.290 on 2024-03-13; the all-time low is $0.18866 on 2026-08-19. The 52-week range is $0.18866–$2.577. As of 2026-09-06 20:15 UTC.