MSFT (xyz) on Hyperliquid
4% fee discount with referral code HYPERLAB
MSFT (xyz) on Hyperliquid — price $530.300 (-0.22% 24h), funding +0.0006%/1h, open interest $36.4M, 24h volume $18.0M. Annualized funding +5.5%. Source: Hyperliquid official · as of 2026-10-28 04:30 UTC
- Trading status
- Live
- Max leverage
- 20×
- Margin mode
- Cross Margin
- Open interest cap
- Capped — value not published
- Funding settlement
- Hourly (1h)
- Funding multiplier
- 0.5
- Oracle basis (underlying)
- MSFT / USD
- Trading hours
- 24/7 on Hyperliquid · underlying: NYSE / Nasdaq
Contract spec from operator documentation · 2026-10-25 · snapshot as of 2026-10-28 04:30 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)
- MSFT / USD
- Margin mode
- Cross Margin
- Discovery bound
- ±5%
- Funding rate multiplier
- 0.5
- External pricing session
- 24/5, from Sunday 8:05 PM ET to Friday 8:00 PM ET
- Internal pricing session
- Friday 8:00 PM to Sunday 8:05 PM ET, and follows equities holidays & trading hours.
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-10-25
The MSFT (xyz) perpetual trades 24/7 on Hyperliquid, including while NYSE / Nasdaq 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-msft-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.
xyz:MSFT is a perpetual futures market on Hyperliquid's HIP-3 builder-dex framework that provides synthetic, leveraged price exposure to Microsoft. It tracks Microsoft's price via an oracle feed configured by xyz, an independent, permissionless builder-dex — not Hyperliquid's core protocol — and holding a position does not mean you own Microsoft stock or any related security. Because xyz sets its own oracle source, funding mechanism, and margin requirements, this market carries builder-specific risk in addition to standard leveraged-derivatives risk, including oracle accuracy and the liquidity depth specific to xyz:MSFT. Max leverage is 20x, which can substantially amplify both gains and losses. Even large, established stocks like Microsoft can move meaningfully around earnings, so conservative sizing and awareness of liquidation mechanics matter.
Does xyz:MSFT give me Microsoft shareholder rights?
No. It's a synthetic perpetual tracking Microsoft's price via an oracle set by xyz — no shares, dividends, or voting rights are involved, only a leveraged derivative position.
Why is this called a 'builder-dex' market?
xyz:MSFT runs on xyz, an independent, permissionless third-party dex built under Hyperliquid's HIP-3 framework. The builder — not Hyperliquid's core team — sets the market's oracle, funding, and margin parameters.
What's the liquidation risk at 20x leverage on a large-cap stock like this?
At 20x leverage, about a 5% adverse move against your position can trigger liquidation. Even blue-chip stocks can move that much around earnings or macro news, so position sizing should account for that.
What is the MSFT (xyz) funding rate on Hyperliquid?
As of the latest snapshot, MSFT (xyz) funding is +0.0006%/1h (≈ +5.5% annualized). Hyperliquid settles funding every hour. As of 2026-10-28 04:30 UTC.
What are MSFT (xyz)'s 24h volume and open interest?
MSFT (xyz) currently has $18.0M in 24h volume and $36.4M in open interest. As of 2026-10-28 04:30 UTC.
What is MSFT (xyz)'s all-time high on Hyperliquid?
MSFT (xyz)'s all-time high is $550.940 on 2026-10-13; the all-time low is $349.720 on 2026-06-25. The 52-week range is $349.720–$550.940. As of 2026-10-28 04:30 UTC.
How can I trade MSFT (xyz) on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the MSFT (xyz) market (a HIP-3 builder-deployed market). Signing up with referral code HYPERLAB gives a 4% fee discount on your first $25M of volume. Perpetuals use leverage (up to 20× on this market), so positions can be liquidated — size positions conservatively.