Current Price
$0.063
42.41%
24h Volume
$34,117,339
USD Volume
Funding Rate
-0.1042%
Hourly Rate
Open Interest
$12,612,017
200,889,072 SAND
SAND Market Highlights
Asset TypePerpetual Futures (Derivatives)
BlockchainHyperliquid L1
Price BasisUSDC-Collateralized
Max Leverage5x
24h Trading Volume$34,117,339
LiquidityHigh / Institutional Grade
About SAND Perpetuals
SAND trading on Dexly offers a secondary non-custodial interface to the Hyperliquid ecosystem. By trading SAND 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 SAND. While this amplifies potential profits, it also increases the risk of liquidation if the price moves against your position.