Hyperliquid HIP-3 markets

HIP-3 lets independent builders deploy their own perpetual DEXs on Hyperliquid. This page lists every HIP-3 DEX with its markets, volume and open interest, and the most traded HIP-3 markets across all of them, from equities to indices and commodities.

Data from Hyperliquid's public API, fetched 01:39 UTC

Active HIP-3 DEXs: 4
Markets: 169; Most traded: SKHX
24h volume: $4.40B
Open interest: $4.09B

DEXs

XYZxyz
Markets
119
24h volume
$4.34B
Open interest
$3.97B
SKHXGOOGLSP500CLXYZ100View XYZ markets
EntropyIOio
Markets
12
24h volume
$51.94M
Open interest
$89.49M
SNDKANTHDRAMPRLNBISView EntropyIO markets
Paragonpara
Markets
33
24h volume
$7.57M
Open interest
$16.00M
UNITREEOTHERSCOHRVSTSTXView Paragon markets
Markets By Kinetiqmkts
Markets
5
24h volume
$2.24M
Open interest
$8.01M
USTECHUS500USBONDBVIVSMALL2000View Markets By Kinetiq markets

Most traded HIP-3 markets

Market	Price	24h change	24h volume	Open interest	Funding (1h)
SKHX10x SK Hynix · XYZ$646.87M	$1,127+3.38%	+3.38%	$646.87M	$293.28M	+0.0006%
GOOGL20x Alphabet · XYZ$317.66M	$293.9−9.75%	−9.75%	$317.66M	$189.47M	+0.0023%
SP50050x S&P 500 · XYZ$288.16M	$7,719.8−0.02%	−0.02%	$288.16M	$402.71M	+0.0006%
CL20x Crude Oil · XYZ$284.34M	$102.15+1.05%	+1.05%	$284.34M	$258.27M	+0.0004%
XYZ10030x XYZ Index · XYZ$282.37M	$29,491−0.81%	−0.81%	$282.37M	$288.24M	+0.0006%
MU10x Micron · XYZ$261.99M	$955.75−0.31%	−0.31%	$261.99M	$100.99M	+0.0010%
SKHY10x XYZ$192.52M	$159.65+3.17%	+3.17%	$192.52M	$125.57M	−0.0003%
SOXL10x XYZ$184.33M	$99.47−3.01%	−3.01%	$184.33M	$28.28M	+0.0006%
SNDK10x SanDisk · XYZ$165.21M	$1,354.8+1.08%	+1.08%	$165.21M	$107.86M	+0.0010%
BRENTOIL20x Brent Oil · XYZ$149.10M	$110.89+0.03%	+0.03%	$149.10M	$214.80M	−0.0006%
DRAM20x XYZ$137.41M	$52.22−0.10%	−0.10%	$137.41M	$79.67M	+0.0006%
SILVER25x XYZ$105.01M	$53.91−0.74%	−0.74%	$105.01M	$190.18M	+0.0022%
SPCX20x XYZ$100.14M	$143.53−3.94%	−3.94%	$100.14M	$158.91M	+0.0017%
SMSN10x Samsung · XYZ$84.43M	$172.71−4.85%	−4.85%	$84.43M	$44.99M	+0.0057%
NVDA20x NVIDIA · XYZ$75.04M	$213.64−2.13%	−2.13%	$75.04M	$74.92M	+0.0006%
INTC10x Intel · XYZ$59.30M	$92.42−2.51%	−2.51%	$59.30M	$69.12M	+0.0006%
META20x Meta Platforms · XYZ$58.70M	$616.76−0.59%	−0.59%	$58.70M	$142.65M	+0.0017%
UNITREE10x XYZ$57.10M	$97.4+1.60%	+1.60%	$57.10M	$30.16M	−0.0685%
MSFT20x Microsoft · XYZ$53.07M	$549.14+3.50%	+3.50%	$53.07M	$37.23M	+0.0006%
KORU10x XYZ$52.86M	$12.39−4.40%	−4.40%	$52.86M	$5.58M	+0.0020%
MRVL10x XYZ$52.13M	$231.08−6.10%	−6.10%	$52.13M	$9.90M	+0.0009%
NBIS10x XYZ$48.14M	$172.32−0.19%	−0.19%	$48.14M	$41.67M	+0.0006%
AMD10x XYZ$44.49M	$561.36−1.16%	−1.16%	$44.49M	$15.09M	+0.0006%
GOLD25x XYZ$42.46M	$4,055.7+0.02%	+0.02%	$42.46M	$320.98M	+0.0006%
HOOD10x Robinhood · XYZ$42.43M	$89.67+2.34%	+2.34%	$42.43M	$19.89M	+0.0006%
TSLA20x Tesla · XYZ$41.25M	$400.04−1.46%	−1.46%	$41.25M	$45.44M	+0.0006%
CRCL10x Circle · XYZ$37.07M	$79.7−1.92%	−1.92%	$37.07M	$64.63M	+0.0006%
AAPL20x Apple · XYZ$35.04M	$346.38−0.03%	−0.03%	$35.04M	$67.26M	−0.0001%
ORCL10x Oracle · XYZ$33.38M	$140.75+7.02%	+7.02%	$33.38M	$15.34M	+0.0006%
EWY20x South Korea ETF · XYZ$28.47M	$160.39−1.20%	−1.20%	$28.47M	$13.22M	+0.0029%
CBRS10x XYZ$25.76M	$109.8−8.35%	−8.35%	$25.76M	$27.42M	−0.0002%
CXMT10x XYZ$25.21M	$6.64−0.84%	−0.84%	$25.21M	$37.54M	+0.0006%
LITE10x XYZ$24.49M	$953.76+8.82%	+8.82%	$24.49M	$9.73M	+0.0006%
MRNA10x XYZ$23.46M	$215.84+4.63%	+4.63%	$23.46M	$19.01M	+0.0002%
SNDK15x SanDisk · EntropyIO$22.14M	$1,354.1+1.06%	+1.06%	$22.14M	$6.89M	+0.0006%
SNXX10x XYZ$21.33M	$9.65+1.58%	+1.58%	$21.33M	$1.58M	+0.0017%
AMZN20x Amazon · XYZ$20.08M	$253−0.25%	−0.25%	$20.08M	$23.98M	+0.0006%
CRWV10x CoreWeave · XYZ$18.14M	$60.93+1.81%	+1.81%	$18.14M	$12.17M	+0.0006%
RKLB10x XYZ$15.31M	$57.42−1.98%	−1.98%	$15.31M	$5.45M	+0.0007%
MSTR10x MicroStrategy · XYZ$13.61M	$141.73+0.23%	+0.23%	$13.61M	$36.25M	+0.0010%
EWZ20x XYZ$12.22M	$33.29−1.66%	−1.66%	$12.22M	$10.02M	0.0000%
KIOXIA10x XYZ$10.28M	$95.9+8.70%	+8.70%	$10.28M	$9.98M	−0.0067%
ANTH15x EntropyIO$10.14M	$1,862.7−0.93%	−0.93%	$10.14M	$56.67M	−0.0007%
JP22520x Nikkei 225 · XYZ$9.17M	$64,363+0.47%	+0.47%	$9.17M	$3.37M	+0.0006%
BE10x XYZ$9.09M	$215.72−2.39%	−2.39%	$9.09M	$5.15M	+0.0006%
JPY50x Japanese Yen · XYZ$7.24M	$157.79−0.05%	−0.05%	$7.24M	$35.24M	−0.0011%
NFLX10x Netflix · XYZ$6.27M	$62.34−0.39%	−0.39%	$6.27M	$10.53M	+0.0006%
DRAM25x EntropyIO$6.07M	$52.25−0.05%	−0.05%	$6.07M	$910.02K	+0.0006%
AAOI10x XYZ$5.96M	$80.22+3.66%	+3.66%	$5.96M	$3.08M	+0.0006%
ZHIPU10x XYZ$5.85M	$69.1−5.09%	−5.09%	$5.85M	$14.07M	−0.0257%
COIN10x Coinbase · XYZ$5.76M	$158.53−0.50%	−0.50%	$5.76M	$15.02M	+0.0006%
ANT10x XYZ$5.48M	$117.27+0.90%	+0.90%	$5.48M	$17.34M	0.0000%
PRL3x EntropyIO$5.40M	$1.82+5.53%	+5.53%	$5.40M	$7.55M	+0.0200%
NATGAS10x Natural Gas · XYZ$5.32M	$3.03−0.95%	−0.95%	$5.32M	$12.35M	+0.0011%
MINIMAX10x XYZ$5.26M	$21.62−4.82%	−4.82%	$5.26M	$2.51M	−0.0322%
IREN10x XYZ$5.20M	$27.85+0.51%	+0.51%	$5.20M	$4.13M	−0.0005%
BB10x XYZ$4.92M	$9.18−3.38%	−3.38%	$4.92M	$10.14M	−0.0043%
EUR50x Euro · XYZ$4.81M	$1.12+0.22%	+0.22%	$4.81M	$28.25M	+0.0013%
AVGO10x XYZ$4.75M	$343.19−0.40%	−0.40%	$4.75M	$11.83M	+0.0006%
PLTR10x Palantir · XYZ$4.74M	$195.19−1.68%	−1.68%	$4.74M	$6.77M	+0.0006%
JIO10x XYZ$4.70M	$14.19+8.35%	+8.35%	$4.70M	$2.82M	+0.0008%
NBIS15x EntropyIO$4.54M	$172.16−0.37%	−0.37%	$4.54M	$8.22M	+0.0006%
NOW10x XYZ$4.11M	$123.21−19.93%	−19.93%	$4.11M	$3.06M	+0.0065%
WDC10x XYZ$3.86M	$384.1+1.13%	+1.13%	$3.86M	$3.25M	+0.0006%
PURRDAT10x XYZ$3.61M	$9.71−1.78%	−1.78%	$3.61M	$11.85M	−0.0050%
COPPER20x XYZ$3.22M	$6.66+0.05%	+0.05%	$3.22M	$8.55M	+0.0006%
TSM10x TSMC · XYZ$3.00M	$430.84−1.66%	−1.66%	$3.00M	$7.37M	+0.0006%
ARM10x XYZ$2.93M	$228.3−0.78%	−0.78%	$2.93M	$4.76M	+0.0011%
HIMS10x XYZ$2.77M	$29.24+4.54%	+4.54%	$2.77M	$1.64M	+0.0006%
DELL10x XYZ$2.59M	$481.76−4.79%	−4.79%	$2.59M	$6.44M	+0.0003%
NET10x XYZ$2.59M	$308.41−5.93%	−5.93%	$2.59M	$3.27M	−0.0097%
BABA10x Alibaba · XYZ$2.49M	$99.64−0.55%	−0.55%	$2.49M	$11.94M	+0.0006%
USAR10x US Real Estate · XYZ$2.46M	$10.29−1.34%	−1.34%	$2.46M	$2.01M	+0.0026%
CRWD10x XYZ$2.31M	$250.26−6.80%	−6.80%	$2.31M	$1.26M	0.0000%
PLATINUM20x XYZ$2.23M	$1,536.3−0.97%	−0.97%	$2.23M	$4.23M	+0.0022%
GME10x GameStop · XYZ$2.23M	$23.43+0.22%	+0.22%	$2.23M	$2.67M	−0.0010%
AMAT10x XYZ$2.11M	$406.51+1.67%	+1.67%	$2.11M	$1.57M	+0.0006%
ASML10x XYZ$2.02M	$1,628.4−0.86%	−0.86%	$2.02M	$2.28M	+0.0006%
OAI6x EntropyIO$2.00M	$1,492.3−1.45%	−1.45%	$2.00M	$7.75M	+0.0002%
STRC10x XYZ$1.98M	$99.69+0.25%	+0.25%	$1.98M	$17.21M	−0.0081%
KR20020x KOSPI 200 · XYZ$1.78M	$926.76−0.98%	−0.98%	$1.78M	$1.34M	+0.0142%
QNT10x XYZ$1.75M	$37.87−6.20%	−6.20%	$1.75M	$956.75K	−0.0074%
UNITREE10x Paragon$1.72M	$97.6+1.69%	+1.69%	$1.72M	$2.47M	−0.0898%
SHAZ10x XYZ$1.65M	$27.54+6.30%	+6.30%	$1.65M	$1.21M	−0.0309%
SMH20x XYZ$1.64M	$556.29−0.69%	−0.69%	$1.64M	$3.05M	+0.0006%
HYUNDAI10x XYZ$1.59M	$215.76−4.05%	−4.05%	$1.59M	$1.41M	+0.0006%
LLY10x Eli Lilly · XYZ$1.58M	$1,311.5+2.41%	+2.41%	$1.58M	$4.88M	+0.0006%
GEV10x XYZ$1.54M	$866.35−4.18%	−4.18%	$1.54M	$946.04K	+0.0006%
USTECH25x Nasdaq 100 · Markets By Kinetiq$1.34M	$717.27−0.77%	−0.77%	$1.34M	$4.48M	+0.0006%
PALLADIUM20x XYZ$1.14M	$1,020.7−1.99%	−1.99%	$1.14M	$3.02M	+0.0060%
NOK10x XYZ$1.08M	$9.09+1.99%	+1.99%	$1.08M	$1.51M	+0.0006%
OTHERS10x Paragon$993.67K	$201.3−1.20%	−1.20%	$993.67K	$386.45K	+0.0014%
NVDA25x NVIDIA · EntropyIO$824.63K	$213.62−2.13%	−2.13%	$824.63K	$357.15K	+0.0006%
SOFTBANK10x XYZ$808.23K	$29.87+1.56%	+1.56%	$808.23K	$2.09M	+0.0038%
COHR10x Paragon$748.86K	$241.01+1.52%	+1.52%	$748.86K	$1.23M	+0.0008%
QCOM10x XYZ$740.88K	$179.11−3.07%	−3.07%	$740.88K	$1.94M	+0.0006%
IBM10x XYZ$707.98K	$250.79+0.44%	+0.44%	$707.98K	$1.03M	+0.0006%
URNM10x Uranium Miners ETF · XYZ$698.17K	$45.95+2.63%	+2.63%	$698.17K	$2.00M	+0.0021%
GLW10x XYZ$694.14K	$127.91+0.45%	+0.45%	$694.14K	$1.07M	+0.0083%
BOT10x XYZ$664.11K	$23.56−4.76%	−4.76%	$664.11K	$2.00M	−0.0192%
BX10x XYZ$627.75K	$117.14+0.63%	+0.63%	$627.75K	$666.78K	−0.0079%
VST10x Paragon$626.90K	$141.4−3.80%	−3.80%	$626.90K	$1.09M	+0.0025%
TLT20x XYZ$623.80K	$81.41−0.11%	−0.11%	$623.80K	$5.20M	+0.0004%
GIGADEV10x XYZ$579.24K	$42.63+0.36%	+0.36%	$579.24K	$613.54K	−0.0163%
EWY25x South Korea ETF · EntropyIO$569.21K	$160.42−0.80%	−0.80%	$569.21K	$397.05K	+0.0025%
EWJ20x Japan ETF · XYZ$559.70K	$94.42−0.32%	−0.32%	$559.70K	$881.28K	+0.0006%
BMNR10x Base Metals ETF · XYZ$543.36K	$21.49−0.92%	−0.92%	$543.36K	$3.22M	+0.0036%
US50025x S&P 500 · Markets By Kinetiq$539.77K	$769.62+0.03%	+0.03%	$539.77K	$2.10M	+0.0006%
EBAY10x XYZ$529.77K	$122.32+3.79%	+3.79%	$529.77K	$263.80K	−0.0050%
COST20x Costco · XYZ$473.30K	$992.63+0.18%	+0.18%	$473.30K	$461.46K	+0.0018%
STX10x Paragon$465.74K	$680.2+7.49%	+7.49%	$465.74K	$246.02K	+0.0008%
TOTAL220x Paragon$437.58K	$1,055.3−0.85%	−0.85%	$437.58K	$856.30K	+0.0074%
RIVN10x Rivian · XYZ$380.59K	$11.69−1.04%	−1.04%	$380.59K	$1.03M	−0.0001%
10Y20x Paragon$364.03K	$5.01−0.61%	−0.61%	$364.03K	$1.11M	+0.0001%
SHEIN10x XYZ$357.06K	$4.67+1.15%	+1.15%	$357.06K	$620.18K	+0.0096%
XLE20x XYZ$346.98K	$68.94+1.03%	+1.03%	$346.98K	$1.07M	+0.0006%
DKNG10x XYZ$339.90K	$20.23−2.19%	−2.19%	$339.90K	$414.06K	+0.0042%
LYTE10x XYZ$333.78K	$20.36+3.84%	+3.84%	$333.78K	$387.69K	−0.0046%
TTWO10x Paragon$324.29K	$196.39−2.44%	−2.44%	$324.29K	$1.43M	+0.0008%
BTCD20x Paragon$322.63K	$60.5−0.05%	−0.05%	$322.63K	$641.82K	−0.0057%
RDDT10x XYZ$312.41K	$133.34−3.26%	−3.26%	$312.41K	$303.01K	−0.0049%
KSTR10x XYZ$293.04K	$18.48−2.80%	−2.80%	$293.04K	$457.93K	+0.0076%
TWST10x XYZ$280.21K	$171.15+6.98%	+6.98%	$280.21K	$111.96K	+0.0287%
USBOND10x US Treasury Bond · Markets By Kinetiq$244.95K	$81.36−0.13%	−0.13%	$244.95K	$925.45K	−0.0021%
ZM10x XYZ$229.72K	$99.49+2.06%	+2.06%	$229.72K	$312.96K	+0.0070%
LRCX10x XYZ$216.37K	$247.7+2.11%	+2.11%	$216.37K	$365.84K	+0.0018%
MAGS10x XYZ$207.04K	$70.54−1.35%	−1.35%	$207.04K	$281.35K	+0.0022%
CRDO10x Paragon$183.79K	$166.84−1.43%	−1.43%	$183.79K	$594.98K	+0.0050%
CIFR10x Paragon$170.21K	$8.64+0.73%	+0.73%	$170.21K	$206.26K	−0.0058%
EWT20x XYZ$152.73K	$106.98−1.55%	−1.55%	$152.73K	$897.12K	−0.0016%
DRV5x Paragon$142.33K	$0.3749+1.86%	+1.86%	$142.33K	$274.46K	+0.0110%
TER10x Paragon$139.18K	$303.92−2.51%	−2.51%	$139.18K	$64.76K	+0.0190%
NCLD10x XYZ$116.89K	$17.18+1.74%	+1.74%	$116.89K	$561.85K	+0.0030%
SOFI10x Paragon$116.79K	$16.88+2.47%	+2.47%	$116.79K	$123.18K	+0.0008%
HO10x XYZ$110.80K	$4.64+0.60%	+0.60%	$110.80K	$87.48K	−0.0099%
XBI10x XYZ$105.87K	$158.18+2.46%	+2.46%	$105.87K	$278.12K	−0.0019%
ANSEM3x Paragon$104.70K	$0.0627−5.22%	−5.22%	$104.70K	$355.26K	−0.0263%
MELI10x Paragon$92.17K	$1,679−0.48%	−0.48%	$92.17K	$233.92K	+0.0467%
GBP50x British Pound · XYZ$87.17K	$1.33+0.19%	+0.19%	$87.17K	$514.84K	0.0000%
XIAOMI10x EntropyIO$83.78K	$3.27−0.94%	−0.94%	$83.78K	$101.41K	+0.0070%
BVIV5x Markets By Kinetiq$81.18K	$39.66−0.62%	−0.62%	$81.18K	$125.09K	+0.0381%
TCNT10x EntropyIO$79.26K	$48.92−1.04%	−1.04%	$79.26K	$217.04K	+0.0080%
CVX10x XYZ$77.42K	$231.5+1.76%	+1.76%	$77.42K	$171.08K	−0.0140%
IREN10x Paragon$75.59K	$27.84+0.73%	+0.73%	$75.59K	$438.05K	−0.0015%
AAOI10x Paragon$74.27K	$80.23+3.00%	+3.00%	$74.27K	$174.86K	+0.0011%
SMH10x Paragon$74.18K	$556.7−0.93%	−0.93%	$74.18K	$171.94K	−0.0200%
NIFTY20x XYZ$67.67K	$22,779−0.74%	−0.74%	$67.67K	$22.46K	−0.0118%
IONQ10x EntropyIO$60.91K	$31.74−4.27%	−4.27%	$60.91K	$135.10K	+0.0012%
UMC10x XYZ$57.83K	$18.03−8.80%	−8.80%	$57.83K	$142.88K	+0.0107%
GLW10x Paragon$53.61K	$127.8+0.42%	+0.42%	$53.61K	$836.51K	+0.0029%
2Y20x Paragon$52.84K	$4.72−0.78%	−0.78%	$52.84K	$1.12M	+0.0001%
RELIANCE10x XYZ$52.58K	$12.28−0.98%	−0.98%	$52.58K	$5.49K	+0.1126%
LRCX10x Paragon$47.99K	$247.43+2.04%	+2.04%	$47.99K	$165.76K	−0.0017%
NET10x Paragon$46.06K	$308.45−6.26%	−6.26%	$46.06K	$228.91K	−0.0012%
GDX10x Paragon$38.96K	$83.29+1.19%	+1.19%	$38.96K	$100.80K	+0.0030%
CAMBRICON10x XYZ$35.13K	$141.18+1.09%	+1.09%	$35.13K	$6.06K	+0.0028%
BIRD10x XYZ$34.38K	$2.12+0.32%	+0.32%	$34.38K	$67.98K	−0.0434%
CRWD10x Paragon$29.31K	$250.14−6.76%	−6.76%	$29.31K	$81.40K	−0.0039%
TREAD5x Paragon$26.86K	$0.7741−5.48%	−5.48%	$26.86K	$217.93K	+0.0180%
SMALL200020x Russell 2000 · Markets By Kinetiq$25.83K	$282.81+1.09%	+1.09%	$25.83K	$377.38K	+0.0006%
RDDT10x Paragon$23.55K	$133.58−2.94%	−2.94%	$23.55K	$42.80K	−0.0063%
GPRO5x EntropyIO$23.20K	$1.02−0.81%	−0.81%	$23.20K	$287.94K	+0.0353%
IGV10x Paragon$19.71K	$107.8−3.66%	−3.66%	$19.71K	$119.82K	−0.0063%
SMCI10x Paragon$18.65K	$34.79−1.99%	−1.99%	$18.65K	$282.42K	+0.0023%
30Y20x Paragon$17.38K	$5.34−0.18%	−0.18%	$17.38K	$356.57K	+0.0001%
AVGO10x Paragon$10.35K	$343.27−0.97%	−0.97%	$10.35K	$286.33K	+0.0008%
CIEN10x Paragon$4.63K	$357+1.12%	+1.12%	$4.63K	$61.90K	−0.0066%
ANTH10x Paragon$4.43K	$117.33+1.37%	+1.37%	$4.43K	$7.70K	0.0000%
OURA5x XYZ$2.82K	$48.79+0.26%	+0.26%	$2.82K	$795.17K	0.0000%

Showing 25 of 169

How HIP-3 markets work

Builder-deployed DEXs

Each HIP-3 DEX is deployed by an independent builder, who chooses its markets, oracle and parameters such as maximum leverage. The same asset can be listed on more than one DEX with different prices, liquidity and rules, so compare the DEX as well as the ticker.

What to check before trading

Look at volume and open interest for liquidity, the funding rate for holding costs, and the market's trading hours and oracle behaviour around closed sessions for stocks and commodities. Thin markets can move sharply on small orders.

Indicative public market data, not an executable quote. Values may change before an order is placed.

Frequently asked questions

What are HIP-3 markets on Hyperliquid?

They are perpetual markets deployed on Hyperliquid by independent builders rather than by Hyperliquid itself. Many track stocks, indices or commodities, and they trade from the same Hyperliquid account as other markets.

Why does the same stock appear on several DEXs?

Each DEX lists markets independently. Two markets with the same ticker can have different oracles, leverage limits, liquidity and funding, so their prices and costs can differ.

Can I trade HIP-3 markets on Perpex?

Yes. Perpex lists HIP-3 markets next to Hyperliquid's own perpetuals; open a market from the tables on this page or from the HIP-3 filter on the markets screen.