SP500 (xyz) on Hyperliquid
SP500 (xyz) on Hyperliquid — price $7,713.5 (-0.19% 24h), funding +0.0006%/1h, open interest $349.0M, 24h volume $49.9M. Annualized funding +5.5%. 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)
- See /pages/38NEh2rhfM2rwTHo8n3e#external-price-derivation
- Margin mode
- Cross Margin
- Discovery bound
- ±2%
- Funding rate multiplier
- 0.5
- External pricing session
- From Sunday 6:00 PM ET to Friday 5:00 PM ET
- Internal pricing session
- Daily maintenance window applies from 5PM ET to 6PM ET, Monday to Thursday. Trading also follows futures holiday closures.
Source: trade[XYZ] operator documentation (Specification Index, Holiday Closures, Roll Schedules), synced weekly. · 2026-09-06
The SP500 (xyz) perpetual trades 24/7 on Hyperliquid, including while Futures 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 Indices 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-sp500-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:SP500 is a perpetual futures market on the xyz builder dex, built on Hyperliquid via the HIP-3 framework, offering synthetic price exposure to the S&P 500, the widely followed index tracking 500 large U.S. companies. Traders take long or short positions referencing the index level through an oracle feed, with up to 50x leverage available — the highest ceiling among this batch of markets — rather than buying index funds or futures on a traditional exchange. As a HIP-3 builder market, xyz sets its own margin requirements, funding rates, and oracle sourcing independently of Hyperliquid's core protocol. Because the S&P 500 is a broad market benchmark, its moves reflect aggregate U.S. equity sentiment, macro data, and rate expectations rather than any single company. The very high leverage ceiling here means even modest index moves can trigger liquidation quickly, so traders should size positions with unusual caution relative to typical index volatility.
What is xyz:SP500?
A perpetual contract on the xyz builder dex tracking the S&P 500 index level via an oracle feed, giving synthetic exposure without holding an index fund or futures contract.
Why does xyz:SP500 allow up to 50x leverage?
The xyz builder sets this market's leverage cap higher than most single-stock listings on the dex; since index moves are usually smaller in percentage terms, higher leverage is offered, but liquidation risk at that ceiling is still significant.
What mainly drives S&P 500 price moves?
Aggregate U.S. corporate earnings sentiment, macroeconomic data, and interest-rate expectations, rather than news from any single company.
What is the SP500 (xyz) funding rate on Hyperliquid?
As of the latest snapshot, SP500 (xyz) funding is +0.0006%/1h (≈ +5.5% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are SP500 (xyz)'s 24h volume and open interest?
SP500 (xyz) currently has $49.9M in 24h volume and $349.0M in open interest. As of 2026-09-07 02:31 UTC.
What is SP500 (xyz)'s all-time high on Hyperliquid?
SP500 (xyz)'s all-time high is $7,816 on 2026-08-13; the all-time low is $6,311.1 on 2026-03-31. The 52-week range is $6,311.1–$7,816. As of 2026-09-07 02:31 UTC.