W Perpetual on Hyperliquid
4% fee discount with referral code HYPERLAB
W Perpetual on Hyperliquid — price $0.01279 (+3.98% 24h), funding -0.0035%/1h, open interest $3.3M, 24h volume $671.4K. Annualized funding -30.4%. Source: Hyperliquid official · as of 2026-10-28 02:15 UTC
- Trading status
- Live
- Max leverage
- 5×
- Funding settlement
- Hourly (1h)
- Trading hours
- 24/7/365 (no market open or close)
- Daily history since
- 2024-02-07
Contract spec from operator documentation · snapshot as of 2026-10-28 02:15 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/w-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.
Wormhole is one of the most widely integrated cross-chain messaging protocols in crypto, letting assets and arbitrary data move between dozens of blockchains — from Solana and Ethereum to newer L2s — without users needing a separate bridge for every chain pair. W is the protocol's governance and incentive token, used to coordinate how the network's guardian validator set and broader ecosystem evolve over time. Because so much of DeFi's cross-chain activity routes through messaging infrastructure like this, W's price can be sensitive to security news across the bridging sector generally, not just Wormhole-specific developments, given the history of high-profile bridge exploits industry-wide. W's leverage allowance falls into Hyperliquid's mid-range bracket, fitting a mid-cap infrastructure token with a multi-year operating history. Funding on W-USD tends to track the broader cross-chain and interoperability sector, occasionally moving independently around new chain integrations or protocol upgrades.
What's the top leverage figure for W on Hyperliquid?
W sits in the 5x leverage bracket on Hyperliquid.
What problem does Wormhole solve for crypto users?
It's a messaging protocol that lets assets and data move between dozens of blockchains without needing a separate custom bridge for every pair of chains.
Why might W react to bridge exploits elsewhere in the industry?
Because cross-chain bridging infrastructure has repeatedly been targeted by hackers industry-wide, security incidents at other protocols can raise general risk perception around interoperability tokens like W even without direct involvement.
What is the W Perpetual funding rate on Hyperliquid?
As of the latest snapshot, W Perpetual funding is -0.0035%/1h (≈ -30.4% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 02:15 UTC.
What are W Perpetual's 24h volume and open interest?
W Perpetual currently has $671.4K in 24h volume and $3.3M in open interest. As of 2026-10-28 02:15 UTC.
What is W Perpetual's all-time high on Hyperliquid?
W Perpetual's all-time high is $2.500 on 2024-03-02; the all-time low is $0.007800 on 2026-07-31. The 52-week range is $0.007800–$0.07783. As of 2026-10-28 02:15 UTC.
How can I trade W Perpetual on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the W Perpetual market. Signing up with referral code HYPERLAB gives a 4% fee discount on your first $25M of volume. Perpetuals use leverage (up to 5× on this market), so positions can be liquidated — size positions conservatively.