ZHIPU (xyz) on Hyperliquid
ZHIPU (xyz) on Hyperliquid — price $134.800 (-4.35% 24h), funding +0.0310%/1h, open interest $10.2M, 24h volume $2.6M. Annualized funding +271.6%. 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 2513 / 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 ZHIPU (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-zhipu-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:ZHIPU 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 Zhipu AI (also known as Z.ai), a Chinese large-language-model company, ahead of a public listing. The contract is a pre-IPO price-discovery derivative and conveys no ownership, dividends or voting rights. Because there is no continuous official share price, pricing reflects trader expectations and can swing to large premiums or discounts versus any eventual IPO valuation. The market is operated by a permissionless third-party builder (not Hyperliquid's core team), which sets the oracle, leverage (up to 10x here), margin and fee parameters. Given the pre-IPO underlying, expect elevated volatility and use leverage cautiously.
What is xyz:ZHIPU?
A synthetic pre-IPO perpetual on the xyz (Trade.xyz) builder dex tracking Zhipu AI (Z.ai), a Chinese large-language-model company, before a public listing. It is a derivative — no ownership, dividends or voting rights.
Do I own part of Zhipu AI if I trade this?
No. It provides synthetic exposure to price only, with no equity, dividend or voting rights. Pricing reflects pre-IPO trader expectations.
What leverage and risks apply?
Up to 10x leverage. As a builder-operated pre-IPO market, it carries elevated volatility plus third-party oracle and liquidation risk. Trade with conservative sizing.
What is the ZHIPU (xyz) funding rate on Hyperliquid?
As of the latest snapshot, ZHIPU (xyz) funding is +0.0310%/1h (≈ +271.6% annualized). Hyperliquid settles funding every hour. As of 2026-09-07 02:31 UTC.
What are ZHIPU (xyz)'s 24h volume and open interest?
ZHIPU (xyz) currently has $2.6M in 24h volume and $10.2M in open interest. As of 2026-09-07 02:31 UTC.
What is ZHIPU (xyz)'s all-time high on Hyperliquid?
ZHIPU (xyz)'s all-time high is $360.000 on 2026-06-22; the all-time low is $107.360 on 2026-07-30. The 52-week range is $107.360–$360.000. As of 2026-09-07 02:31 UTC.