SOPH Perpetual on Hyperliquid
4% fee discount with referral code HYPERLAB
SOPH Perpetual on Hyperliquid — price $0.001477 (+6.11% 24h), funding -0.0005%/1h, open interest $349.4K, 24h volume $267.5K. Annualized funding -4.3%. Source: Hyperliquid official · as of 2026-10-28 04:15 UTC
- Trading status
- Live
- Max leverage
- 3×
- Funding settlement
- Hourly (1h)
- Trading hours
- 24/7/365 (no market open or close)
- Daily history since
- 2025-05-28
Contract spec from operator documentation · snapshot as of 2026-10-28 04:15 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/soph-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.
Sophon is an Ethereum layer-2 network that positioned itself heavily around consumer-facing applications and gaming, building a large pre-launch community through an extended points-and-engagement program before its token debuted, a strategy several newer L2s have used to bootstrap early attention ahead of mainnet activity. SOPH covers gas costs and governance participation on the network, while the platform works to convert that pre-launch community into ongoing onchain usage. Because Sophon is still a comparatively young network establishing its actual developer and application ecosystem, SOPH's price can be more sensitive to project-specific milestones and broader newer-L2 sentiment than to the kind of steady usage metrics that established layer-2s can point to. This market gets one of the more cautious leverage settings on Hyperliquid, standard for a newer L2 token. Funding on SOPH-USD can move quickly around ecosystem announcements, and current details are worth verifying directly given the pace of change.
Where does SOPH rank on Hyperliquid's leverage table?
Hyperliquid's leverage table lists SOPH at 3x.
What is Sophon positioned around?
Sophon is an Ethereum layer-2 focused heavily on consumer-facing applications and gaming, having built a large pre-launch community through a points-and-engagement program before its token debuted.
Should traders expect SOPH to behave like an established L2 token?
Not quite yet — Sophon is still young enough that project-specific milestones tend to move SOPH more than the steady usage metrics established L2s can point to.
What is the SOPH Perpetual funding rate on Hyperliquid?
As of the latest snapshot, SOPH Perpetual funding is -0.0005%/1h (≈ -4.3% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 04:15 UTC.
What are SOPH Perpetual's 24h volume and open interest?
SOPH Perpetual currently has $267.5K in 24h volume and $349.4K in open interest. As of 2026-10-28 04:15 UTC.
What is SOPH Perpetual's all-time high on Hyperliquid?
SOPH Perpetual's all-time high is $0.07441 on 2025-06-03; the all-time low is $0.001355 on 2026-10-26. The 52-week range is $0.001355–$0.03218. As of 2026-10-28 04:15 UTC.
How can I trade SOPH Perpetual on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the SOPH 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.