Trade Silver (XAG) Perpetual Futures

Silver (XAG) perpetual futures are derivative contracts that let you speculate on the price of Silver commodity without an expiry date. Unlike traditional futures, perpetuals never settle - they use a funding rate mechanism to keep the contract price close to the spot price. On Hyperliquid, you can trade XAG perps 24/7 with leverage, fully on-chain and self-custodial.

To trade Silver (XAG) with leverage: 1) Connect your wallet to Beacon or the Hyperliquid DEX, 2) Deposit USDC as margin collateral, 3) Select XAG from the available markets, 4) Choose your leverage level (up to 20x), 5) Set your position size and direction (long or short), and 6) Execute your trade. Beacon provides additional tools like trading signals and market intelligence to help inform your decisions.

Yes. Unlike traditional commodity markets that have limited trading hours, Silver perpetual futures on Hyperliquid trade around the clock, 24 hours a day, 7 days a week, including weekends and holidays. This means you can react to breaking news and global events in real-time, without waiting for market opens.

XAG perpetual futures on Hyperliquid offer up to 20x leverage. You can choose isolated margin mode to limit risk to a specific position. Higher leverage amplifies both potential gains and losses - always use proper risk management and consider starting with lower leverage.

Funding rates are periodic payments between long and short traders that keep the XAG perpetual futures price anchored to the underlying commodity price. When the funding rate is positive, longs pay shorts (indicating bullish sentiment). When negative, shorts pay longs (indicating bearish sentiment). Funding is typically settled every 8 hours on Hyperliquid. The current XAG funding rate is 0.0041%.