SHEIN (xyz) on Hyperliquid
4% fee discount with referral code HYPERLAB
SHEIN (xyz) on Hyperliquid — price $4.729 (-0.23% 24h), funding +0.0101%/1h, open interest $830.0K, 24h volume $21.6K. Annualized funding +88.7%. Source: Hyperliquid official · as of 2026-10-19 07:30 UTC
- Trading status
- Live
- Max leverage
- 10×
- Margin mode
- Normal Isolated
- Open interest cap
- Capped — value not published
- Funding settlement
- Hourly (1h)
- Funding multiplier
- 0.5
- Oracle basis (underlying)
- SHEIN / USD
- Trading hours
- 24/7 on Hyperliquid · underlying: Hong Kong Stock Exchange
Contract spec from operator documentation · 2026-10-18 · snapshot as of 2026-10-19 07:30 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
- 10×
- Open interest cap
- Capped — value not published
- Oracle basis (underlying)
- SHEIN / USD
- Margin mode
- Normal Isolated
- Discovery bound
- 20%
- 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
- Pre-IPO status
- Converted
- Anticipated listing event
- IPO
- Anticipated listing date
- September 1, 2026
- Listing grace period
- Up to 60 days (no later than October 31, 2026)
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-10-18
The SHEIN (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 Pre-IPO 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-shein-perp/history?format=csv&from=2026-06-14&to=2026-10-19&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.
SHEIN (xyz) is a perpetual market on Hyperliquid, currently priced around $4.729 with $830.0K in open interest and $21.6K of 24h volume. Funding settles hourly, with up to 10× leverage.
What is the SHEIN (xyz) funding rate on Hyperliquid?
As of the latest snapshot, SHEIN (xyz) funding is +0.0101%/1h (≈ +88.7% annualized). Hyperliquid settles funding every hour. As of 2026-10-19 07:30 UTC.
What are SHEIN (xyz)'s 24h volume and open interest?
SHEIN (xyz) currently has $21.6K in 24h volume and $830.0K in open interest. As of 2026-10-19 07:30 UTC.
What is the max leverage for SHEIN (xyz)?
SHEIN (xyz) supports up to 10× leverage on Hyperliquid (margin mode: Normal Isolated).
What is SHEIN (xyz)'s all-time high on Hyperliquid?
SHEIN (xyz)'s all-time high is $9.600 on 2026-08-27; the all-time low is $3.816 on 2026-09-30. The 52-week range is $3.816–$9.600. As of 2026-10-19 07:30 UTC.
Can I trade SHEIN (xyz) on Hyperliquid while Hong Kong Stock Exchange is closed?
Yes. The SHEIN (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 — so the price can gap when the underlying market reopens. The contract spec section on this page lists the underlying session times (local and UTC) and any published closures.
How can I trade SHEIN (xyz) on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the SHEIN (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 10× on this market), so positions can be liquidated — size positions conservatively.