Perps Cổ Phiếu - Bringing Equities to Crypto
Stock hợp đồng vĩnh viễn are hợp đồng phái sinh that let you speculate on the price of publicly traded stocks - like Nvidia, Tesla, Apple, and Amazon - directly from a ví crypto. Unlike traditional stock trading through a brokerage, perps cổ phiếu trade on sàn giao dịch phi tập trung like Hyperliquid with no expiry date, không KYC requirements, and no giờ thị trường restrictions.
The concept is simple: a perpetual futures contract tracks the price of an underlying asset using oracle price feeds. For stock perps, the oracle pulls real-time pricing data from traditional equity markets. A funding rate mechanism ensures the perpetual contract price stays aligned with the actual stock price over time.
Stock perps have exploded in popularity because they bridge two worlds: the massive equity markets worth over $100 trillion, and the không cần phép, always-on infrastructure of crypto. Traders no longer need to choose between the two - they can trade both from the same ví, on the same platform, using the same collateral.
How Perps Cổ Phiếu Work on Hyperliquid via HIP-3
Hyperliquid is the leading sàn giao dịch phi tập trung for hợp đồng vĩnh viễn cổ phiếu. Stock perps are listed through HIP-3, a không cần phép listing standard that allows anyone to propose new perpetual markets. Each stock perp market requires an giá oracle feed - typically from Pyth Network - that reports the thời gian thực stock price to the Hyperliquid L1 chain.
Multiple deployers can list markets for the same stock, which is why you may see tickers like xyz:NVDA, flx:NVDA, and km:NVDA. Each represents a separate market for Nvidia perps cổ phiếu, potentially with different liquidity and khối lượng giao dịchs. Beacon aggregates these markets and routes you to the most liquid option for the best execution.
Trading works like any other perpetual futures market. You deposit USDC as margin collateral, select the stock you want to trade, choose your leverage level (up to 20x for most stocks), and place your order. The entire process is on-chain, self-custodial, and settles instantly on Hyperliquid L1.
Tỷ Lệ Tài Trợ for Hợp Đồng Vĩnh Viễn Cổ Phiếu
Funding rates are the mechanism that keeps stock perp prices aligned with real stock prices. Every 8 hours on Hyperliquid, thanh toán tài trợ are exchanged between long and short traders. When the perp trades above the stock price, longs pay shorts (positive funding). When it trades below, shorts pay longs (negative funding).
Stock perps have a unique characteristic compared to crypto perps: during traditional giờ thị trường (when NYSE and NASDAQ are open), the giá oracle updates in thời gian thực and funding dynamics behave normally. Outside giờ thị trường - evenings, weekends, and holidays - the giá oracle remains fixed at the last closing price. This can lead to interesting tỷ lệ tài trợ dynamics, especially around earnings announcements and major news events.
Traders should factor funding costs into their strategy, especially for longer-term positions. You can use our funding rate calculator to estimate costs before entering a trade.
Ưu Điểm So Với Giao Dịch Cổ Phiếu Truyền Thống
24/7 access: Traditional stock markets operate Monday through Friday, roughly 9:30 AM to 4:00 PM ET. Stock perps trade around the clock, every day of the year. React to breaking news, earnings reports, and global events in real time - no waiting for the opening bell. Learn more about 24/7 stock trading.
No KYC required: Opening a brokerage account requires government-issued ID, proof of address, and sometimes days of processing. With stock perps on Hyperliquid, you connect a crypto wallet and start trading immediately. Your keys, your funds, your privacy. Read more about trading stocks without KYC.
Leverage: Traditional margin accounts typically offer 2x leverage for stocks (4x intraday with pattern day trader status). Stock perps on Hyperliquid offer up to 20x leverage, giving traders far more capital efficiency for their strategies.
Crypto settlement: All trades settle in USDC on the Hyperliquid L1. No bank wires, no T+2 settlement delays, no currency conversion fees. Deposit and withdraw your collateral at any time.
Risks of Hợp Đồng Vĩnh Viễn Cổ Phiếu
Stock perps carry the same risks as other leveraged perpetual futures. Leverage amplifies both profits and losses - a 20x leveraged position only needs a 5% adverse move to be liquidated. Always use proper risk management and consider starting with lower leverage.
Liquidity is another consideration. While major stocks like NVDA and TSLA have deep sổ lệnh, less popular perps cổ phiếu may have wider spreads and lower volume. Check the dữ liệu thị trường before trading to ensure adequate liquidity for your kích thước vị thế.
Finally, perps cổ phiếu are synthetic instruments. They do not confer stock ownership, voting rights, or dividend payments. Regulatory landscapes around synthetic equity phái sinh are evolving, and traders should stay informed about the legal considerations in their jurisdiction.
Cổ Phiếu Có Sẵn trên Hyperliquid
Hyperliquid currently supports perpetual futures for the most popular publicly traded stocks. The lineup includes tech giants like Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Meta (META), Google (GOOGL), and Microsoft (MSFT). It also includes crypto-adjacent stocks like MicroStrategy (MSTR), Coinbase (COIN), and meme favorites like GameStop (GME).
Beyond stocks, you can also trade commodities like Gold and Silver, and indices like the S&P 500 and Nasdaq 100 as perpetual futures. Browse the full selection on our trade page.