COPPER (xyz) on Hyperliquid
COPPER (xyz) on Hyperliquid — price $6.656 (-0.60% 24h), funding +0.0016%/1h, open interest $15.8M, 24h volume $3.8M. Annualized funding +14.2%. Source: Hyperliquid official · as of 2026-09-07 02:31 UTC
Open/closed is computed server-side and the page is cached for up to an hour, so the status can lag — read the times above.
- Max leverage
- 20×
- Open interest cap
- Capped — value not published
- Oracle basis (underlying)
- 1 pound of high-grade copper. For current reference contract, see /pages/2IeXkpSuMDulv5mSYODL
- Margin mode
- Normal Isolated
- Discovery bound
- ±5%
- Funding rate multiplier
- 0.5
- External pricing session
- From Sunday 6PM ET to Friday 5PM ET
- Internal pricing session
- Daily maintenance window applies from 5PM ET to 6PM ET, Monday to Thursday. Trading also follows futures holiday closures.
- Contract roll
- Z6 · roll window 2026-09-08 → 2026-09-14 ET
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06
The COPPER (xyz) perpetual trades 24/7 on Hyperliquid, including while Futures session (ET) is closed. While the underlying market is shut the oracle stops using external quotes and advances an internal price anchored to the last external print, snapping back to the external reference once quotes resume. The Commodities hub explains how that works for this asset class.
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/xyz-copper-perp/history?format=csv&from=2026-06-14&to=2026-09-07&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.
Copper is a key industrial metal used in electrical wiring, construction, and increasingly electric vehicles and renewable energy infrastructure, making its price a widely watched economic indicator. The xyz:COPPER market on the xyz builder dex is a HIP-3 synthetic perpetual that tracks the copper price via an oracle — there is no physical metal delivery, and it is not operated by Hyperliquid's core team. Traders can take leveraged long or short exposure to copper prices, up to 20x, entirely on-chain. As a builder-operated commodity market, xyz:COPPER carries operational risk from the xyz builder plus oracle, liquidity, and liquidation risk. No profit is guaranteed.
What does the COPPER market track?
It tracks the price of copper, a key industrial metal, via an oracle on the xyz builder dex — a HIP-3 synthetic perpetual with no physical delivery.
How is this different from trading copper futures on a commodity exchange?
There's no exchange-cleared contract or physical settlement here — this is a builder-operated synthetic derivative priced by an oracle the xyz builder configures.
What leverage and risks apply?
Up to 20x leverage is available. Copper prices can move on macro and industrial-demand news, and combined with leverage this raises liquidation risk; builder-operated and oracle/liquidity risk also apply.
What is the COPPER (xyz) funding rate on Hyperliquid?
As of the latest snapshot, COPPER (xyz) funding is +0.0016%/1h (≈ +14.2% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are COPPER (xyz)'s 24h volume and open interest?
COPPER (xyz) currently has $3.8M in 24h volume and $15.8M in open interest. As of 2026-09-07 02:31 UTC.
What is COPPER (xyz)'s all-time high on Hyperliquid?
COPPER (xyz)'s all-time high is $6.883 on 2026-08-06; the all-time low is $5.041 on 2026-03-21. The 52-week range is $5.041–$6.883. As of 2026-09-07 02:31 UTC.