Trade S&P 500 and index perpetuals on Hyperliquid
S&P 500, Nasdaq 100, Russell 2000, XYZ100 and crypto market indices trade as perpetual contracts on Hyperliquid, from a Telegram chat with @stratidex_bot. They are HIP-3 markets: a third-party dex deploys them, an oracle follows the index, settlement is in USDC. You hold exposure to the basket, never the shares.
Open @stratidex_bot on TelegramIndex perpetuals on Hyperliquid
Prices read at 2026-09-08 01:28 UTC
| Market | Price | 24 h | Max leverage | Market fee |
|---|---|---|---|---|
| XYZ 100 index XYZ100 | 29,630 | +0.24 % | 30× | 9 bp |
| EWY EWY | 192.86 | +2.26 % | 20× | 9 bp |
| S&P 500 US500 | 768.88 | −0.07 % | 25× | 9 bp |
| Nasdaq 100 USTECH | 720.83 | +0.32 % | 25× | 9 bp |
| ANSEM ANSEM | 0.19548 | −14.26 % | 3× | 6.8 bp |
| Russell 2000 SMALL2000 | 295.05 | −0.39 % | 20× | 9 bp |
| VST VST | 153.16 | +1.34 % | 10× | 9 bp |
| BTCD BTCD | 59.586 | −0.11 % | 20× | 9 bp |
| TER TER | 367.00 | +2.86 % | 10× | 9 bp |
| CIEN CIEN | 325.67 | +0.84 % | 10× | 9 bp |
| USBOND USBOND | 82.138 | +0.06 % | 10× | 9 bp |
| 10Y 10Y | 4.789 | +0.08 % | 20× | 9 bp |
| TTWO TTWO | 216.36 | +0.19 % | 10× | 9 bp |
| SOFI SOFI | 18.197 | +0.15 % | 10× | 9 bp |
| TOTAL2 TOTAL2 | 1,081 | −0.12 % | 20× | 9 bp |
| OTHERS OTHERS | 199.96 | +1.29 % | 10× | 9 bp |
| MELI MELI | 1,976 | −0.09 % | 10× | 9 bp |
| IGV IGV | 104.33 | −0.00 % | 10× | 9 bp |
What these markets are, and what they are not
An index perp is a derivative whose oracle tracks a basket. On the equity side: S&P 500, Nasdaq 100, Russell 2000, XYZ100. On the crypto side: BTC dominance, TOTAL2, OTHERS — aggregates of the market itself. The equity indices are HIP-3 markets, deployed by third-party dexes (xyz, io, mkts, para); StratiDex lists 305 markets in total, 177 native to Hyperliquid and 128 HIP-3. What you never get is the index or its constituents: no dividend, no voting right, no delivery, nothing to hold after you close. Your margin and your result are in USDC, and a leveraged position can be liquidated.
How to trade them in three taps
You open @stratidex_bot, choose the market, type a size, and read the confirmation screen before anything reaches the exchange. It shows the direction, the leverage, the exact liquidation price and the full cost. StratiDex charges 9 bp per executed order. The venue takes 4.5 bp taker on native markets; on a HIP-3 market the deployer adds a share of the protocol fee that it sets between 0 and 300%, and 127 of the 128 HIP-3 markets sit at 100%, which puts taker at 9 bp. Real entry cost: our 9 bp of commission, the venue's 4.5 bp on a native market or 9 bp on a HIP-3 market, plus the spread. A referral takes 10% off the StratiDex commission, for life. Leverage is fixed per market — up to 40× on BTC, 20× on NVDA, 50× on some — and StratiDex starts you at 2×, cross or isolated depending on the market. There is no automatic stop and no take-profit: a price alert is a message, not an order. Fund the account with USDC on Arbitrum One only, credited from 5 USDC; minimum order $11. The account is created in your name and the private key is exportable.
Native crypto markets run non-stop. HIP-3 index markets follow the hours set by the venue that deploys them and can be paused — the bot tells you the state of the market before you send an order, so a closed cash session is visible rather than guessed.
FAQ
Can I trade the S&P 500 on Hyperliquid?
Yes, as a perpetual contract. It is a HIP-3 market: a third-party dex deploys it, an oracle 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.
What does an S&P 500 trade cost?
StratiDex takes 9 bp per executed order. The taker fee on a HIP-3 market is 9 bp, because 127 of the 128 HIP-3 markets set the deployer share at 100%. Entry therefore carries our 9 bp and the venue's 9 bp, plus the spread; on a native crypto market the venue takes 4.5 bp. The exact amount is on the confirmation screen before you confirm.
Are index markets open 24/7?
No. Native crypto markets run non-stop, but HIP-3 index markets follow the hours set by the venue that deploys them and can be paused. The bot says so before you send an order.
What leverage, and can I be liquidated?
Leverage is fixed per market — up to 40× on BTC, 20× on NVDA, 50× on some — and StratiDex starts you at 2×. Yes, a leveraged position can be liquidated. The exact liquidation price is shown before you confirm, and there is no automatic stop-loss: a price alert is a message, not an order.
Related markets
Open @stratidex_bot on TelegramAll markets · Pricing · Risk warning
Leveraged trading can lose the entire capital committed. Nothing here is investment advice.