JPY (xyz) on Hyperliquid
JPY (xyz) on Hyperliquid — price $156.110 (-0.01% 24h), funding 0.0000%/1h, open interest $16.9M, 24h volume $2.0M. Annualized funding 0.0%. 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
- 50×
- Open interest cap
- Capped — value not published
- Oracle basis (underlying)
- USD / JPY
- Margin mode
- Normal Isolated
- Discovery bound
- ±2%
- Funding rate multiplier
- 0.5
- External pricing session
- From Sunday 5PM ET to Friday 5PM ET
- Internal pricing session
- Trading continues during most US holidays
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06
The JPY (xyz) perpetual trades 24/7 on Hyperliquid, including while Global FX 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 FX 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-jpy-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.
The Japanese Yen is Japan's official currency and one of the most widely traded currencies in global FX markets, typically quoted against the US dollar. The xyz:JPY market on the xyz builder dex is a HIP-3 synthetic perpetual that tracks the Yen's exchange rate versus the dollar via an oracle — not a currency deposit or FX brokerage position, and not operated by Hyperliquid's core team. Traders can take leveraged long or short exposure to the Yen's value against the dollar, up to 50x, entirely on-chain. As a builder-operated FX market, xyz:JPY carries operational risk from the xyz builder plus oracle, liquidity, and liquidation risk. High leverage on FX moves can lead to rapid liquidation — no profit is guaranteed.
What does the xyz:JPY market track?
It tracks the Yen's exchange rate against the US dollar via an oracle on the xyz builder dex — a HIP-3 synthetic perpetual, not a currency deposit or traditional FX position.
How is this different from trading JPY through a forex broker?
There's no regulated forex brokerage account or currency custody involved — this is a builder-operated synthetic derivative on Hyperliquid, priced by an oracle the xyz builder configures.
What leverage and risks apply?
Up to 50x leverage is available, which is high even by FX standards. This sharply raises liquidation risk on normal currency fluctuations, alongside builder-operated and oracle/liquidity risk — trade with caution.
What is the JPY (xyz) funding rate on Hyperliquid?
As of the latest snapshot, JPY (xyz) funding is 0.0000%/1h (≈ 0.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are JPY (xyz)'s 24h volume and open interest?
JPY (xyz) currently has $2.0M in 24h volume and $16.9M in open interest. As of 2026-09-07 02:31 UTC.
What is JPY (xyz)'s all-time high on Hyperliquid?
JPY (xyz)'s all-time high is $164.400 on 2026-07-24; the all-time low is $151.580 on 2026-01-28. The 52-week range is $151.580–$164.400. As of 2026-09-07 02:31 UTC.