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Strategy (MicroStrategy) (MSTR)

the MSTR price, still moving after Nasdaq goes home

Strategy holds one of the largest Bitcoin treasuries in corporate history, so MSTR moves like BTC with extra torque — sometimes at a premium, sometimes at a discount. That premium is itself the trade.

  • No brokerage account
  • No KYC
  • 24/7 markets
  • Long or short
  • Self-custody
Live on Hyperliquid
MSTR logo
$91.23-3.38%

xyz:MSTR · USDC

24h

24h volume

$13.2M

Open interest

$231.9K

Funding rate

-0.0002%

Max leverage

10x

Proof of 24/7

The day that never closes

The last 24 hours of the Strategy (MicroStrategy) 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 · $90.95–$95.64

Can you trade Strategy (MicroStrategy) on-chain?

Yes. Hyperliquid runs a perpetual (xyz:MSTR) that follows the Strategy (MicroStrategy) 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 Strategy (MicroStrategy).

The trade

What exactly are you trading?

A perpetual futures contract that follows the Strategy (MicroStrategy) 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 Strategy (MicroStrategy) on Dexly, in three steps

1

Fund a wallet with USDC

Any self-custody wallet works. USDC on Arbitrum is the collateral for every position.

2

Open the MSTR market

Connect on dexly.trade or in the app and search MSTR — the live Strategy (MicroStrategy) order book opens.

3

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.

¿List@ para operar?

Opera en Hyperliquid con Dexly

Perps, spot, copy y mercados de predicción en una app rápida y de autocustodia. Consigue Dexly en iOS y Android y empieza en segundos.

Strategy (MicroStrategy)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.