Back to Markets
Perpetual
Up to 5x Leverage
Non-Custodial

S /Perp

$0.022034
+9.60%
Current Price
$0.022
9.60%
24h Volume
$4,257,233
USD Volume
Funding Rate
-0.0166%
Hourly Rate
Open Interest
$1,173,655
53,265,640 S
S Market Highlights
Asset TypePerpetual Futures (Derivatives)
BlockchainHyperliquid L1
Price BasisUSDC-Collateralized
Max Leverage5x
24h Trading Volume$4,257,233
LiquidityHigh / Institutional Grade

About S Perpetuals

S trading on Dexly offers a secondary non-custodial interface to the Hyperliquid ecosystem. By trading S perpetuals, you can gain exposure to price movements without owning the underlying asset. The market supports up to 5x leverage, allowing for capital-efficient trading strategies.

How Leverage Works

Leverage allows you to control a larger position with a smaller amount of capital. For example, with 10x leverage, a $1000 deposit allows you to trade $10,000 worth of S. While this amplifies potential profits, it also increases the risk of liquidation if the price moves against your position.

Market FAQ