SMSN perp markets on Hyperliquid
Non-US stocks & indices · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:SMSNgrowth | 209.33 | 209.35 | -1.0 bps | +1.00% | 0.00063% | 5.5% | $68.89M | $250.00M | 28% | $6.92M | 10× | 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.
SMSN volume spikes
SMSN across exchanges →No SMSN volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
SMSN perp FAQ
What is the SMSN funding rate on Hyperliquid?
0.00063% per hour on trade.xyz right now (5.5% 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 (0.0050% per 8h).
How closely does the SMSN perp track the underlying?
The trade.xyz mark is 209.33 against an oracle of 209.35, a basis of -1.0 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 SMSN open interest cap?
trade.xyz caps xyz:SMSN open interest at $250.00M; $68.89M is in use right now (28%). When a market reaches its cap, orders that would add open interest are rejected until it falls.