MINIMAX (xyz) on Hyperliquid
MINIMAX (xyz) on Hyperliquid — price $47.983 (+2.64% 24h), funding +0.0012%/1h, open interest $14.0M, 24h volume $1.5M. Annualized funding +10.9%. 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
- 10×
- Open interest cap
- Capped — value not published
- Oracle basis (underlying)
- HKEX 0100 / USD
- Margin mode
- Normal Isolated
- Discovery bound
- 10%
- Funding rate multiplier
- 0.5
- External pricing session
- Mon - Fri: 9:30 AM – 12:00 PM HKT; 1:00 PM – 4:00 PM HKT
- Internal pricing session
- Lunch Break: 12:00 PM – 1:00 PM HKT Market Closed: 4:00 PM – 9:30 AM HKT Weekends and exchange holidays
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06
The MINIMAX (xyz) perpetual trades 24/7 on Hyperliquid, including while Hong Kong Stock Exchange 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 Stocks 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-minimax-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.
xyz:MINIMAX is a pre-IPO perpetual futures market on the xyz (Trade.xyz) builder dex, built on Hyperliquid via the HIP-3 framework. It offers synthetic price exposure to MiniMax, a Chinese artificial-intelligence company building multimodal models across text, audio, image, video, coding and agentic workflows, ahead of any public listing. As a pre-IPO underlying, MiniMax has no continuous official share price, so this contract is a price-discovery derivative — it conveys no ownership, dividends or voting rights. Pre-IPO contracts can trade at large premiums or discounts and can be highly volatile. The market is run by a permissionless third-party builder (not Hyperliquid's core team), which sets the oracle, leverage (up to 10x here), margin and fee parameters. Use leverage cautiously given the elevated volatility.
What does xyz:MINIMAX track?
The implied pre-IPO price of MiniMax, a Chinese multimodal-AI company, via a synthetic perpetual on the xyz (Trade.xyz) builder dex. It is a derivative — not equity, with no ownership or voting rights.
Is this the same as investing in MiniMax?
No. You get synthetic exposure to price only. There is no share ownership, dividend or governance right, and pricing reflects trader expectations before any IPO.
What leverage and risks apply?
Up to 10x leverage. This is a builder-operated pre-IPO market, so expect elevated volatility plus third-party oracle and liquidation risk. Keep position sizes conservative.
What is the MINIMAX (xyz) funding rate on Hyperliquid?
As of the latest snapshot, MINIMAX (xyz) funding is +0.0012%/1h (≈ +10.9% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are MINIMAX (xyz)'s 24h volume and open interest?
MINIMAX (xyz) currently has $1.5M in 24h volume and $14.0M in open interest. As of 2026-09-07 02:31 UTC.
What is MINIMAX (xyz)'s all-time high on Hyperliquid?
MINIMAX (xyz)'s all-time high is $87.450 on 2026-06-22; the all-time low is $23.781 on 2026-07-27. The 52-week range is $23.781–$87.450. As of 2026-09-07 02:31 UTC.