Eli Lilly (LLY) Perp on Hyperliquid (HIP-3)
Eli Lilly (LLY) perpetual futures on Hyperliquid's HIP-3 dexes (US stocks): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
LLY trades on 1 HIP-3 dex; on trade.xyz the mark is 1,445.2 against an oracle of 1,444.2, a basis of +6.9 bps. Funding is 0.00228% per hour (20.0% APR), so longs pay shorts. Open interest is $3.27M, with trade.xyz at 26% of its $25.00M cap, and $1.95M traded in 24 hours. The US market is closed (after hours) until Thu 09:30 ET, so the deployer maintains the oracle and the basis is not a live arbitrage reference until then.
Market health
no active flags- ✓No flagsAvailable data: No LLY market is more than 1% from its oracle while the underlying is closed, and none is at 90% or more of its open interest cap. Unreported oracle and cap values are shown as —.
Funding configuration
trade.xyzFunding multiplier ×0.5. trade.xyz applies a funding multiplier of ×0.5 to xyz:LLY, scaling the rate Hyperliquid's funding formula would otherwise give.
LLY perp markets on Hyperliquid
US stocks · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:LLYgrowth | 1,445.2 | 1,444.2 | +6.9 bps | +1.06% | 0.00228% | 20.0% | ×0.5 | $3.27M | $25.00M | 26% | $1.95M | 10× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle; while the US market is closed the oracle is maintained by the deployer, not a live exchange price. Trade links go to the exchange and may be referral links.
LLY perps elsewhere
same ticker on other venuesLLY contract history
History for xyz:LLY only. Funding shows quoted rate history, not settled payments: Hyperliquid settles hourly; the chart uses normalized 8h rates (hourly × 8), displayed as percentages. Gaps are not recorded data.
Open interest history
xyz:LLYLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:LLY observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00092% | 0.0074% | 24/24 | |
| 0.00082% | 0.0066% | 24/24 | |
| 0.00114% | 0.0091% | 24/24 | |
| 0.00002% | 0.0002% | 24/24 | |
| 0.00048% | 0.0039% | 24/24 | |
| 0.00144% | 0.0115% | 24/24 | |
| 0.00181% | 0.0145% | 24/24 |
Only xyz:LLY: means of recorded hourly quoted funding, not settled payments or realised returns. Hourly means divide the normalized 8h quotes by eight. Coverage counts observed hours out of 24; missing hours are excluded, not treated as zero. Missing dates remain unavailable. The current UTC day is excluded. Annualised projections assume a rate continues and are not historical earnings.
LLY volume spikes
LLY across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 4h ago | xyz:LLY | SELL | $150K | 111.5× | +0.05% | +0.02% | -0.07% |
| 4h ago | xyz:LLY | MIXED | $76K | 51.8× | -0.03% | -0.08% | -0.10% |
| 4h ago | xyz:LLY | BUY | $155K | 543.0× | -0.02% | -0.03% | -0.12% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
LLY perp FAQ
What is the LLY price on Hyperliquid?
The LLY perp mark is 1,445.2 on trade.xyz, against an oracle of 1,444.2. The perp mark is not the exchange-listed underlying price: it is the price of the perpetual contract, and can differ from the underlying. Missing values appear as a dash.
What is the LLY funding rate on Hyperliquid?
0.00228% per hour on trade.xyz right now (20.0% 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 (0.0182% per 8h).
How closely does the LLY perp track the underlying?
The trade.xyz mark is 1,445.2 against an oracle of 1,444.2, a basis of +6.9 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). The US market is closed right now, so the deployer maintains the oracle until the open.
Can I trade LLY when the US market is closed?
Yes. The perp trades 24/7 on Hyperliquid, but the US session runs 09:30 to 16:00 New York time on trading days; outside it the oracle is set by the deployer and prices can gap at the open. Status now: US market closed · after hours.