Last updated: 2026-06-02Last reviewed: 2026-08-26

What are Hyperliquid stock perps?

Hyperliquid stock perps are perpetual derivatives that track equity-like reference prices. They provide long or short price exposure, not company ownership, voting rights, ordinary dividends, or a broker-held share. People may also search for them as equity perps or securities perps, but those labels do not establish a regulatory classification. Use the live screener below to compare each market's price, funding, open interest, volume, leverage, and deployer metadata before deciding whether the derivative is usable for your intended size.

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Product boundary

A stock perp is a synthetic derivative. It is not a broker account, not a share certificate, and not ownership of the company named by the ticker.

Live stock perp screener

Stock perps on Hyperliquid

These are HIP-3 perpetual markets tagged as stocks by Hyperliquid public metadata. They are synthetic derivatives, not shares.

Data unavailableUpdated 0s ago

Stock markets

HIP-3 deployers

Open interest

24h volume

Highest-volume Hyperliquid stock-perp markets
Market	Price / 24h	Funding / OIFunding	OI	Volume	Leverage	OI cap	Details

Stock perps can trade outside traditional equity-market hours and can diverge from the referenced stock because of funding, liquidity, oracle updates, market halts, corporate actions, or deployer settings.

Start with the derivative boundary

Read the product as perp exposure first and equity-like exposure second. The live market layer is context for risk review, not a route to ownership.

Stock perps are synthetic derivatives. They do not convey equity ownership, voting rights, or ordinary shareholder claims.
Use the screener for cached public market context: mark, oracle, spread, funding, OI, volume, caps, and leverage limits.
Equity events such as earnings, holidays, halts, dividends, splits, and after-hours news can affect reference risk.
Live labels and logos make markets easier to recognize, but they do not imply stock-market depth or suitability.

How to trade synthetic stocks on Hyperliquid

Treat the workflow like a derivatives checklist, not a stock-buying flow. First confirm the market is a HIP-3 stock-perp market, then inspect live mark price, oracle price, spread, funding, open interest, 24h volume, max leverage, and any open-interest cap before sizing a position.

Open the stock-perp screener and choose the exact ticker, for example TSLA or NVDA, rather than assuming every equity-like market has the same liquidity.
Compare mark and oracle price before entering. A wide gap can signal basis, stale data, or unusual market conditions.
Check hourly funding and annualized carry. A directionally correct position can still lose to funding if it is crowded.
Check visible liquidity, spread, 24h volume, and open interest. A recognizable stock logo does not mean the perp has stock-market depth.
Choose leverage from liquidation distance and risk budget, not from the maximum leverage displayed by the market.
Plan for equity-specific events such as earnings, market holidays, halts, index rebalances, dividends, splits, and after-hours news.

How to think about the risk

Funding can make a position expensive to hold even if the price is flat.
Basis can open between the perp and the underlying equity reference price.
Oracle quality matters because the perp needs a reliable external reference.
Liquidity can differ sharply from the underlying stock market.
Corporate actions, market holidays, and after-hours moves can create extra complexity.

Stock perp vs stock

Question	Stock perp	Traditional stock
Ownership	Derivative exposure	Equity ownership
Funding	Can apply	No perp funding
Expiry	No standard expiry	No expiry
Voting rights	No	Usually yes for common shares
Main risk lens	Margin, funding, oracle, liquidity	Company, market, broker, settlement

Risk notice

Stock perps are synthetic derivatives, not shares. They do not provide ownership, dividends, or voting rights, and traders can lose money through funding, basis, oracle issues, liquidity gaps, margin, and market volatility.

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Open Hyperliquid when your checks are complete

Confirm product eligibility, funding, liquidity, oracle behavior, and liquidation risk before using synthetic equity exposure.

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How to read this data

Where this comes from: Hyperliquid public info endpoint and HIP-3 market metadata
How fresh it is: HypeBasis filters stock-perp rows from cached public market metadata on a five-minute refresh window.
Last reviewed: 2026-05-05
How to use it: Stock-perp labels describe synthetic derivative markets, not equity ownership, regulatory classification, or recommendations.

Sources and corrections Data dictionary Risk disclaimer

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Sources

4 references · Expand

Hyperliquid Docs: HIP-3 builder-deployed perpetualsAccessed 2026-09-04
Supports: HIP-3 builder-deployed perp mechanics, deployer responsibilities, 500,000 HYPE staking requirement, minimum stake duration, deployment rules, configurable fees, settlement, oracle duties, slashing risk, cross margin, and backstop liquidation.
Hyperliquid Docs: Info endpointAccessed 2026-09-04
Supports: Public info endpoint families used for market, book, candle, account, portfolio, native borrow/lend reserve, vaultDetails, userFees account-rate, and maxBuilderFee approval reads.
Hyperliquid Docs: Perpetuals info endpointAccessed 2026-09-04
Supports: Core and HIP-3 perpetual DEX discovery, current market contexts including rolling dayNtlVlm, perpetual metadata, funding history, predicted funding, DEX and market limits, DEX status, configuration metadata, clearinghouse state, and open-interest cap fields.
Hyperliquid Docs: Contract specificationsAccessed 2026-09-04
Supports: Perpetual contract units, USDC margining, margin fractions, funding versus expiration, and order value limits.

Hyperliquid Stock Perps: Live Markets & Guide