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30Y Perp on Hyperliquid (HIP-3)

30Y perpetual futures on Hyperliquid's HIP-3 dexes (Rates): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.

30Y trades on 1 HIP-3 dex; on Paragon the mark is 5.494 against an oracle of 5.492, a basis of +4.2 bps. Funding is 0.00013% per hour (1.1% APR), so longs pay shorts. Open interest is $95K, with Paragon at 0% of its $25.00M cap, and $0 traded in 24 hours.

As of 19:11 UTC

MarkParagon
5.494
Oracle 5.492+4.2 bps
Funding per hour
0.00013%
1.1% APRlongs pay shorts
Open interest
$95K
0% of $25.00M cap
24h volume
$0
+0.13% 24h

30Y perp markets on Hyperliquid

Rates · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
Paragon para:30Ygrowth 5.494 5.492 +4.2 bps +0.13% 0.00013% 1.1% $95K $25.00M 0% $0 20× Trade

Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.

30Y volume spikes

30Y across exchanges →

No 30Y volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.

30Y perp FAQ

What is the 30Y funding rate on Hyperliquid?

0.00013% per hour on Paragon right now (1.1% APR), so longs pay shorts. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (0.0010% per 8h).

How closely does the 30Y perp track the underlying?

The Paragon mark is 5.494 against an oracle of 5.492, a basis of +4.2 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).

What is the 30Y open interest cap?

Paragon caps para:30Y open interest at $25.00M; $95K is in use right now (0%). When a market reaches its cap, orders that would add open interest are rejected until it falls.