S&P 500 and index perpetuals on Hyperliquid
20 indices trade as perpetual contracts on Hyperliquid: the S&P 500, the Nasdaq 100, the Russell 2000, and crypto-market indices such as bitcoin dominance. Long or short on the whole basket, settled in USDC, from a Telegram chat with @stratidex_bot.
| Market | Price | 24h | 24h volume | Max leverage | Market fee |
|---|---|---|---|---|---|
| XYZ 100 indexXYZ100 | 29,321.00 | +1.0 % | 340 M$ | 30× | 0.9 bp |
| S&P 500SP500 | 7,674.70 | +0.4 % | 312 M$ | 50× | 0.9 bp |
| EWY | 153.69 | +1.0 % | 38.4 M$ | 20× | 0.9 bp |
| JP225 | 62,794.00 | +0.8 % | 4.6 M$ | 20× | 0.9 bp |
| KR200 | 876.22 | +1.1 % | 1.4 M$ | 20× | 0.9 bp |
| S&P 500US500 | 765.31 | +0.3 % | 1.2 M$ | 25× | 0.9 bp |
| Nasdaq 100USTECH | 712.91 | +0.8 % | 1.2 M$ | 25× | 0.9 bp |
| OTHERS | 200.96 | +0.3 % | 593 k$ | 10× | 9 bp |
| TOTAL2 | 1,048.49 | −0.4 % | 475 k$ | 20× | 9 bp |
| 10Y | 5.01 | −0.1 % | 472 k$ | 20× | 0.9 bp |
| Russell 2000SMALL2000 | 276.78 | +0.1 % | 281 k$ | 20× | 0.9 bp |
| 2Y | 4.74 | +0.3 % | 206 k$ | 20× | 0.9 bp |
| BVIV | 40.29 | −0.5 % | 128 k$ | 5× | 9 bp |
| USBOND | 81.60 | +0.4 % | 127 k$ | 10× | 0.9 bp |
| ANSEM | 0.06639 | −3.4 % | 117 k$ | 3× | 6.8 bp |
| TREAD | 0.7089 | −6.4 % | 83.7 k$ | 5× | 9 bp |
| DRV | 0.3527 | −1.2 % | 77.7 k$ | 5× | 9 bp |
| GDX | 81.05 | +0.5 % | 50.5 k$ | 10× | 0.9 bp |
| BTCD | 60.57 | −0.2 % | 6.1 k$ | 20× | 9 bp |
| 30Y | 5.32 | −0.2 % | 4.8 k$ | 20× | 0.9 bp |
What these markets are, and what they are not
An index perpetual is a derivative whose price tracks a basket. On the equity side: S&P 500, Nasdaq 100, Russell 2000 (SMALL2000), XYZ100. On the crypto side: bitcoin dominance (BTCD), TOTAL2, OTHERS, aggregates of the crypto market itself. These are HIP-3 markets deployed by third-party dexes. StratiDex reaches 300+ markets on Hyperliquid: 170+ native crypto markets and 150+ HIP-3 markets. You never get the index or its constituents: no dividend, no voting right, no delivery. Your margin and your result are in USDC, and a leveraged position can be liquidated. Each deployer adds its own share of the protocol fee: 149 of the 150+ HIP-3 markets add 100 %, and the table above shows every market’s fee.
How to trade them in three taps
In @stratidex_bot, pick the index, the direction and the amount: three taps. The ticket shows the entry price, your stake and an estimate of the liquidation price (≈) before you confirm. The account is created in your name on Hyperliquid and its private key can be exported at any time; you fund it with USDC on Arbitrum, from $13.00, and the minimum order is $11.00. Each market sets its maximum leverage, shown in the table above; the margin is cross when the market allows it, isolated when it requires it. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back, and the bot alerts you when a position gets close to liquidation. The market fee of each market is in the table above, and our commission is stated in the bot before your first order.
Index perpetuals trade on Hyperliquid around the clock, weekends included. Outside the cash session of the index, the order book is thinner and the price can move sharply at the next open.
Frequently asked questions
Can I trade the S&P 500 on Hyperliquid?
Yes, as a perpetual contract: a third-party dex deploys it under HIP-3, its price follows the index, and the position is margined and settled in USDC. You do not own the index or its constituents: no dividend, no voting right, no delivery.
Are index markets open on weekends?
Yes. Index perpetuals trade on Hyperliquid 24 hours a day, 7 days a week. Outside the cash session the order book is thinner, and the price can jump at the next open.
What leverage, and can I be liquidated?
Each market sets its own maximum leverage, shown in the table above. Yes, a leveraged position can be liquidated: the ticket shows an estimate of the liquidation price before you confirm, and the bot alerts you when a position gets close to it.
Can I set a stop loss?
Yes. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back. Without a stop, the position stays open until you close it or it is liquidated.