SUSHI Perpetual on Hyperliquid
4% fee discount with referral code HYPERLAB
SUSHI Perpetual on Hyperliquid — price $0.20719 (+3.64% 24h), funding +0.0004%/1h, open interest $291.0K, 24h volume $102.6K. Annualized funding +3.3%. 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
- 2023-01-01
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/sushi-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.
SushiSwap is one of DeFi's foundational decentralized exchanges, originally launched in 2020 as a fork of Uniswap that famously drew liquidity away from its predecessor through aggressive token incentives — an early and influential example of what the industry came to call a "vampire attack." SUSHI is the protocol's governance token; stakers who convert it to xSUSHI collect a cut of the trading fees the exchange pulls in across its supported chains. Having operated continuously through multiple full DeFi cycles, SushiSwap's relevance today depends on maintaining trading volume against a much larger and more competitive field of AMMs than existed at its 2020 launch. SUSHI's price tends to track the broader DeFi-blue-chip cohort, reacting to governance changes, new chain deployments, or shifts in overall AMM trading volume. Hyperliquid sets leverage at a lower-middle tier here, and funding on SUSHI-USD generally moves in step with wider DeFi sentiment.
What's the leverage allowance for SUSHI on this exchange?
SUSHI can be traded at up to 3x leverage today.
How did SushiSwap originally launch?
It launched in 2020 as a fork of Uniswap that used aggressive token incentives to draw away liquidity, an early and widely referenced example of a DeFi "vampire attack."
How do SUSHI holders earn from the protocol?
Holders who stake SUSHI as xSUSHI collect a portion of the protocol's trading-fee revenue across its supported chains, tying token value to actual trading activity.
What is the SUSHI Perpetual funding rate on Hyperliquid?
As of the latest snapshot, SUSHI Perpetual funding is +0.0004%/1h (≈ +3.3% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 04:15 UTC.
What are SUSHI Perpetual's 24h volume and open interest?
SUSHI Perpetual currently has $102.6K in 24h volume and $291.0K in open interest. As of 2026-10-28 04:15 UTC.
What is SUSHI Perpetual's all-time high on Hyperliquid?
SUSHI Perpetual's all-time high is $2.813 on 2024-12-09; the all-time low is $0.13864 on 2026-06-25. The 52-week range is $0.13864–$0.62784. As of 2026-10-28 04:15 UTC.
How can I trade SUSHI Perpetual on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the SUSHI 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.