Is this real Microsoft stock?

No — it's a perpetual futures contract that tracks the Microsoft share price. You earn or lose as the price moves, but there are no shares, dividends or voting rights involved.

Can I trade MSFT without KYC?

Yes. Hyperliquid is a decentralized exchange, so there is no account and no identity check — you trade from a self-custody wallet. Dexly is a non-custodial interface and never holds your funds.

Can I trade Microsoft after hours or on weekends?

Yes — that's the point. The MSFT perpetual trades continuously, through earnings nights, weekends and holidays, while the stock itself is stuck waiting for the Nasdaq open.

Leverage. If the price moves far enough against a leveraged position, it gets liquidated and the margin behind it is gone. Funding payments also accrue while a position is open. Size positions accordingly.

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Microsoft (MSFT)

the MSFT price, still moving after Nasdaq goes home

Microsoft is the quiet giant of the AI trade: Azure sells the compute, OpenAI runs on it, and the stock grinds instead of gapping. If you trade trends rather than headlines, this is the chart for it.

Trade MSFT now Full Microsoft trading guide

No brokerage account
No KYC
24/7 markets
Long or short
Self-custody

Live on Hyperliquid

$380.69-0.26%

xyz:MSFT · USDC

24h

24h volume

$16.4M

Open interest

$159.5K

Funding rate

0.0006%

Max leverage

20x

Proof of 24/7

The day that never closes

The last 24 hours of the Microsoft price. Scroll — the cursor sweeps the day; watch the line as it crosses the Nasdaq close.

Nasdaq opens

9:30 AM ET

Nasdaq closes

This line keeps going

last 24h · $380.20–$386.86

Can you trade Microsoft on-chain?

Yes. Hyperliquid runs a perpetual (xyz:MSFT) that follows the Microsoft share price 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 a share of Microsoft.

The trade

What exactly are you trading?

A perpetual futures contract that follows the Microsoft share price through an oracle. Your profit and loss come from the price moving — nothing else. You don't own shares, collect dividends or vote. What you get instead is a market that trades while Nasdaq sleeps, takes a short as easily as a long, and settles against collateral that never leaves your wallet.

Why on-chain

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 4pm bell means nothing

Earnings drop at 4:05. Here you trade the number the second it prints — not at tomorrow’s open.

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.

Set up in minutes

Trading Microsoft 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 MSFT market

Connect on dexly.trade or in the app and search MSFT — the live Microsoft 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.

Trade MSFT now

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Microsoft — FAQ

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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.