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TAO Perpetual on Hyperliquid

Perpetual marketsnapshot · 2026-09-06 16:15 UTC
Trade TAO Perpetual on Hyperliquid

TAO Perpetual on Hyperliquid — price $246.640 (+4.65% 24h), funding +0.0036%/1h, open interest $55.8M, 24h volume $22.4M. Annualized funding +31.8%. Source: Hyperliquid official · as of 2026-09-06 16:15 UTC

Price
$246.640
+4.65% 24h
Funding (1h)
+0.0036%
+31.8% annualized
Open Interest
$55.8M
24h Volume
$22.4M
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Whale skew (top-20 whale positioning bias — not whole market)
0% Long
100%
Price range
All-time high
$786.610
2024-04-11
All-time low
$120.350
2025-10-10
52W high
$539.680
2025-11-01
52W low
$120.350
2025-10-10
History
History trajectoryFeb 24May 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/tao-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

Bittensor's TAO token sits at the intersection of crypto and AI infrastructure — the network organizes decentralized machine-learning work into competing 'subnets' that are rewarded based on the quality of the intelligence they produce, which is a meaningfully different value proposition than the typical L1 or DeFi playbook seen elsewhere on this list. On Hyperliquid, TAO's trading activity tends to spike during periods when the broader crypto-AI narrative is in favor, and can quiet down when market attention rotates elsewhere. Leverage sits below the large-cap L1s, appropriate for a smaller, more specialized market with a shorter track record than assets like SOL or ETH. Funding on TAO-USD has shown a tendency to run hotter than large-cap majors during AI-narrative-driven rallies, then cool off just as quickly once that attention fades. Because Bittensor's subnet ecosystem is still evolving relatively quickly, traders following TAO often pay closer attention to project-specific developments — new subnet launches, emission changes — than they would for a more mature, slower-moving L1.

What is the max leverage for TAO on Hyperliquid?

TAO-USD perpetuals support up to 5x leverage.

What does Bittensor's TAO token actually do?

TAO rewards participants across Bittensor's decentralized 'subnets' based on the quality of machine-learning work they contribute, tying the token's value to the network's AI-infrastructure activity rather than typical DeFi or payments use cases.

Is TAO more volatile than large-cap L1 tokens on Hyperliquid?

It has tended to be, particularly during periods when the crypto-AI narrative is actively in favor, given its smaller and more specialized market.

What is the TAO Perpetual funding rate on Hyperliquid?

As of the latest snapshot, TAO Perpetual funding is +0.0036%/1h (≈ +31.8% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 16:15 UTC.

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

TAO Perpetual currently has $22.4M in 24h volume and $55.8M in open interest. As of 2026-09-06 16:15 UTC.

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

TAO Perpetual's all-time high is $786.610 on 2024-04-11; the all-time low is $120.350 on 2025-10-10. The 52-week range is $120.350–$539.680. As of 2026-09-06 16:15 UTC.

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