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MU (xyz) on Hyperliquid

Perpetual marketsnapshot · 2026-09-07 00:31 UTC
Trade MU (xyz) on Hyperliquid

MU (xyz) on Hyperliquid — price $1,028.2 (+1.22% 24h), funding +0.0203%/1h, open interest $125.3M, 24h volume $27.8M. Annualized funding +177.4%. Source: Hyperliquid official · as of 2026-09-07 00:31 UTC

Price
$1,028.2
+1.22% 24h
Funding (1h)
+0.0203%
+177.4% annualized
Open Interest
$125.3M
24h Volume
$27.8M
Contract spec & underlying market hours
Underlying market
Closed · Weekend
NYSE / Nasdaq
Local time 2026-09-06 21:20 EDT
Next trading day 2026-09-08
Pre-market04:0009:30 EDT(08:0013:30 UTC)
Regular session09:3016:00 EDT(13:3020:00 UTC)
After-hours16:0020:00 EDT(20:0000:00 UTC)
Next open 04:00 EDT · 08:00 UTC 2026-09-08
Tomorrow · 2026-09-07 · Closed — Labor Day

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.

Contract specification
Max leverage
10×
Open interest cap
Capped — value not published
Oracle basis (underlying)
MU / USD
Margin mode
Cross Margin
Discovery bound
±10%
Funding rate multiplier
0.5
External pricing session
24/5, from Sunday 8:00 PM ET to Friday 8:00 PM ET
Internal pricing session
Friday 8:00 PM to Sunday 8:00 PM ET, and follows equities holidays & trading hours.

Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06

The MU (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.

Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Price range
All-time high
$1,254.8
2026-06-25
All-time low
$260.000
2025-12-20
52W high
$1,254.8
2026-06-25
52W low
$260.000
2025-12-20
History
History trajectoryDec 25Apr 26Sep 26

Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).

Export / download
Date range
Granularity
⬇ CSV⬇ JSON/api/hl/markets/xyz-mu-perp/history?format=csv&from=2026-06-14&to=2026-09-07&granularity=daily

Daily/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.

Cross-exchange · Predicted funding

Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.

About this market

xyz:MU offers synthetic, leveraged price exposure to Micron Technology through a perpetual futures market built on Hyperliquid's HIP-3 builder-dex framework. Price is tracked via an oracle feed set by xyz, an independent third-party builder-dex — this market is not issued or operated by Hyperliquid's core protocol, and it does not represent ownership of Micron shares. Because xyz controls the oracle source, funding rate, and margin parameters, traders take on builder-specific risk alongside standard perpetual futures risk, including the liquidity depth available for this specific market. Max leverage is 10x, amplifying both potential gains and losses. Memory-chip stocks like Micron can swing with industry pricing cycles and demand news, so disciplined position sizing is important.

Does xyz:MU represent actual Micron shares?

No. It's a synthetic perpetual tracking Micron's price via an oracle configured by xyz — no shares, dividends, or shareholder rights are involved.

What builder-dex-specific risks apply to xyz:MU?

Beyond normal perp risk, xyz:MU carries oracle accuracy risk, exposure to the builder's own parameter choices, and the liquidity depth specific to this market, since xyz operates independently of Hyperliquid's core protocol.

How volatile can this market get given memory-chip pricing cycles?

Memory-chip stocks can move sharply on supply/demand or pricing news. Combined with 10x max leverage, that volatility means positions can approach liquidation faster than on more stable underlyings.

What is the MU (xyz) funding rate on Hyperliquid?

As of the latest snapshot, MU (xyz) funding is +0.0203%/1h (≈ +177.4% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 00:31 UTC.

What are MU (xyz)'s 24h volume and open interest?

MU (xyz) currently has $27.8M in 24h volume and $125.3M in open interest. As of 2026-09-07 00:31 UTC.

What is the max leverage for MU (xyz)?

MU (xyz) supports up to 10× leverage on Hyperliquid, in both isolated and cross-margin modes.

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