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S&P 500 (SP500)
the index Wall Street runs on, without Wall Street's hours
The S&P 500 is the world’s default portfolio — and the first major index with an officially licensed perpetual, via S&P Dow Jones Indices’ deal with xyz on Hyperliquid. Wall Street trades it 9:30 to 4; this market doesn’t keep those hours.
- No brokerage account
- No KYC
- 24/7 markets
- Long or short
- Self-custody
xyz:SP500 · USDC
24h
24h volume
$356.3M
Open interest
$62.5K
Funding rate
0.0006%
Max leverage
50x
The day that never closes
The last 24 hours of the S&P 500 price. Scroll — the cursor sweeps the day; the line keeps moving while traditional markets are closed.
Nasdaq opens
9:30 AM ET
Nasdaq closes
This line keeps going
Can you trade S&P 500 on-chain?
Yes. Hyperliquid runs a perpetual (xyz:SP500) that follows the S&P 500 index level via an oracle, and Dexly is the interface for trading it from your own wallet. No brokerage account, and the market doesn't close at 4pm. What you trade is the price — the contract is not an ETF or fund share.
What exactly are you trading?
A perpetual futures contract that follows the S&P 500 index level through an oracle. Your profit and loss come from the price moving — nothing else. You don't own an ETF or the hundreds of stocks underneath. What you get instead is a market that trades through nights and weekends, takes a short as easily as a long, and settles against collateral that never leaves your wallet.
What this market does that a brokerage can’t
No account to open
Connect a wallet and trade. There is no application, no ID upload, no waiting for approval.
The closing bell means nothing
Macro news doesn’t wait for the open. Here you trade the index the moment the headline lands — nights, weekends, holidays.
Short without asking
No margin-account approval, no locates, no borrow fees. Down is a direction, not a privilege.
Your money stays yours
Collateral sits in your own wallet until a trade settles on-chain. No broker holds the balance.
Trading S&P 500 on Dexly, in three steps
Fund a wallet with USDC
Any self-custody wallet works. USDC on Arbitrum is the collateral for every position.
Open the SP500 market
Connect on dexly.trade or in the app and search SP500 — the live S&P 500 order book opens.
Set the trade and let it run
Pick a side, size it, set leverage. Take-profit and stop-loss watch the position so you don’t have to.
Auf Hyperliquid mit Dexly traden
Perps, Spot, Copy- und Prognosemärkte in einer schnellen, selbstverwahrten App. Hol dir Dexly für iOS & Android und starte in Sekunden.
S&P 500 — FAQ
More stocks on Hyperliquid
Dexly is an independent, non-custodial interface for the public Hyperliquid protocol and is not affiliated with Hyperliquid Labs or with the companies named on this page. Perpetual futures are leveraged derivatives and involve significant risk. Nothing on this page is investment advice.