By Keel Research Team · Updated October 3, 2026
Trade NVDA, TSLA, AAPL, MSFT and the S&P 500 / Nasdaq-100 as perpetual contracts on Hyperliquid. 24/7 markets, on-chain settlement, self-custodial, up to 50x leverage on HIP-3 builder-deployed markets (the xyz dex).
| Symbol | Underlying | Dex | Settlement | Max Lev | Margin | Trade |
|---|---|---|---|---|---|---|
| NVDA | Nvidia (NVDA) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| TSLA | Tesla (TSLA) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| SP500 | S&P 500 index | xyz | USDC | 50x | Cross or isolated | Trade → |
| Nasdaq-100 | Nasdaq-100 index | xyz | USDC | 30x | Cross or isolated | Trade → |
| AAPL | Apple (AAPL) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| MSFT | Microsoft (MSFT) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| GOOGL | Alphabet (GOOGL) Class A common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| AMZN | Amazon (AMZN) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| META | Meta Platforms (META) common stock | xyz | USDC | 20x | Cross or isolated | Trade → |
| COIN | Coinbase Global (COIN) common stock | xyz | USDC | 10x | Isolated only | Trade → |
| MSTR | Strategy (MSTR, formerly MicroStrategy) common stock | xyz | USDC | 10x | Isolated only | Trade → |
| PLTR | Palantir Technologies (PLTR) common stock | xyz | USDC | 10x | Isolated only | Trade → |
Venue facts read from Keel’s instrument table Oct 3, 2026, 00:03 UTC (hourly sync of Hyperliquid market metadata) · last listing change observed Oct 3, 2026, 00:00 UTC.
The full set the builder currently lists — single stocks, indices and other reference assets alike. Markets with a Keel page link to it; every symbol links to its Hyperliquid order book.
| Symbol | Max Lev | Margin | Settlement | Trade |
|---|---|---|---|---|
| AAOI | 10x | Isolated only | USDC | Trade → |
| AAPL | 20x | Cross or isolated | USDC | Trade → |
| AMAT | 10x | Isolated only | USDC | Trade → |
| AMD | 10x | Isolated only | USDC | Trade → |
| AMZN | 20x | Cross or isolated | USDC | Trade → |
| ARM | 10x | Isolated only | USDC | Trade → |
| ASML | 10x | Isolated only | USDC | Trade → |
| AVGO | 10x | Isolated only | USDC | Trade → |
| BABA | 10x | Isolated only | USDC | Trade → |
| BB | 10x | Isolated only | USDC | Trade → |
| BE | 10x | Isolated only | USDC | Trade → |
| BIRD | 10x | Isolated only | USDC | Trade → |
| BMNR | 10x | Isolated only | USDC | Trade → |
| BOT | 10x | Isolated only | USDC | Trade → |
| BRENTOIL | 20x | Cross or isolated | USDC | Trade → |
| BX | 10x | Isolated only | USDC | Trade → |
| CBRS | 10x | Isolated only | USDC | Trade → |
| CL | 20x | Cross or isolated | USDC | Trade → |
| COIN | 10x | Isolated only | USDC | Trade → |
| COPPER | 20x | Isolated only | USDC | Trade → |
| COST | 20x | Isolated only | USDC | Trade → |
| CRCL | 10x | Isolated only | USDC | Trade → |
| CRWD | 10x | Isolated only | USDC | Trade → |
| CRWV | 10x | Isolated only | USDC | Trade → |
| CVX | 10x | Isolated only | USDC | Trade → |
| CXMT | 10x | Isolated only | USDC | Trade → |
| DELL | 10x | Isolated only | USDC | Trade → |
| DKNG | 10x | Isolated only | USDC | Trade → |
| DRAM | 20x | Cross or isolated | USDC | Trade → |
| EBAY | 10x | Isolated only | USDC | Trade → |
| EUR | 50x | Isolated only | USDC | Trade → |
| EWJ | 20x | Isolated only | USDC | Trade → |
| EWT | 20x | Isolated only | USDC | Trade → |
| EWY | 20x | Isolated only | USDC | Trade → |
| EWZ | 20x | Isolated only | USDC | Trade → |
| GBP | 50x | Isolated only | USDC | Trade → |
| GEV | 10x | Isolated only | USDC | Trade → |
| GIGADEV | 10x | Isolated only | USDC | Trade → |
| GME | 10x | Isolated only | USDC | Trade → |
| GOLD | 25x | Cross or isolated | USDC | Trade → |
| GOOGL | 20x | Cross or isolated | USDC | Trade → |
| HIMS | 10x | Isolated only | USDC | Trade → |
| HO | 10x | Isolated only | USDC | Trade → |
| HOOD | 10x | Isolated only | USDC | Trade → |
| HYUNDAI | 10x | Isolated only | USDC | Trade → |
| IBM | 10x | Isolated only | USDC | Trade → |
| INTC | 10x | Cross or isolated | USDC | Trade → |
| IREN | 10x | Isolated only | USDC | Trade → |
| JP225 | 20x | Isolated only | USDC | Trade → |
| JPY | 50x | Isolated only | USDC | Trade → |
| KIOXIA | 10x | Isolated only | USDC | Trade → |
| KORU | 10x | Isolated only | USDC | Trade → |
| KR200 | 20x | Isolated only | USDC | Trade → |
| KSTR | 10x | Isolated only | USDC | Trade → |
| LITE | 10x | Isolated only | USDC | Trade → |
| LLY | 10x | Isolated only | USDC | Trade → |
| LYTE | 10x | Isolated only | USDC | Trade → |
| MAGS | 10x | Isolated only | USDC | Trade → |
| META | 20x | Cross or isolated | USDC | Trade → |
| MINIMAX | 10x | Isolated only | USDC | Trade → |
| MRNA | 10x | Isolated only | USDC | Trade → |
| MRVL | 10x | Isolated only | USDC | Trade → |
| MSFT | 20x | Cross or isolated | USDC | Trade → |
| MSTR | 10x | Isolated only | USDC | Trade → |
| MU | 10x | Cross or isolated | USDC | Trade → |
| NATGAS | 10x | Isolated only | USDC | Trade → |
| NBIS | 10x | Isolated only | USDC | Trade → |
| NCLD | 10x | Isolated only | USDC | Trade → |
| NET | 10x | Isolated only | USDC | Trade → |
| NFLX | 10x | Isolated only | USDC | Trade → |
| NOK | 10x | Isolated only | USDC | Trade → |
| NOW | 10x | Isolated only | USDC | Trade → |
| NVDA | 20x | Cross or isolated | USDC | Trade → |
| ORCL | 10x | Isolated only | USDC | Trade → |
| OURA | 5x | Isolated only | USDC | Trade → |
| PALLADIUM | 20x | Isolated only | USDC | Trade → |
| PLATINUM | 20x | Isolated only | USDC | Trade → |
| PLTR | 10x | Isolated only | USDC | Trade → |
| PURRDAT | 10x | Isolated only | USDC | Trade → |
| QCOM | 10x | Isolated only | USDC | Trade → |
| QNT | 10x | Isolated only | USDC | Trade → |
| RDDT | 10x | Isolated only | USDC | Trade → |
| RIVN | 10x | Isolated only | USDC | Trade → |
| RKLB | 10x | Isolated only | USDC | Trade → |
| SHAZ | 10x | Isolated only | USDC | Trade → |
| SHEIN | 10x | Isolated only | USDC | Trade → |
| SILVER | 25x | Cross or isolated | USDC | Trade → |
| SKHX | 10x | Cross or isolated | USDC | Trade → |
| SKHY | 10x | Cross or isolated | USDC | Trade → |
| SMH | 20x | Isolated only | USDC | Trade → |
| SMSN | 10x | Isolated only | USDC | Trade → |
| SNDK | 10x | Cross or isolated | USDC | Trade → |
| SNXX | 10x | Isolated only | USDC | Trade → |
| SOFTBANK | 10x | Isolated only | USDC | Trade → |
| SOXL | 10x | Isolated only | USDC | Trade → |
| SP500 | 50x | Cross or isolated | USDC | Trade → |
| SPCX | 20x | Cross or isolated | USDC | Trade → |
| STRC | 10x | Isolated only | USDC | Trade → |
| TLT | 20x | Isolated only | USDC | Trade → |
| TSLA | 20x | Cross or isolated | USDC | Trade → |
| TSM | 10x | Isolated only | USDC | Trade → |
| UNITREE | 10x | Isolated only | USDC | Trade → |
| URNM | 10x | Isolated only | USDC | Trade → |
| USAR | 10x | Isolated only | USDC | Trade → |
| WDC | 10x | Isolated only | USDC | Trade → |
| XBI | 10x | Isolated only | USDC | Trade → |
| XLE | 20x | Isolated only | USDC | Trade → |
| XYZ100 | 30x | Cross or isolated | USDC | Trade → |
| ZHIPU | 10x | Isolated only | USDC | Trade → |
| ZM | 10x | Isolated only | USDC | Trade → |
A stock perpetual is a perpetual futures contract whose reference price tracks a single equity (NVDA, TSLA, AAPL, MSFT) or an equity index (S&P 500, Nasdaq-100). The contract lives on the Hyperliquid order book and settles in the builder’s collateral token (USDC); it never expires, instead using funding to anchor the perp price to the underlying via an oracle feed.
Hyperliquid enables these markets through HIP-3, a permissionless market-deployment standard introduced in November 2025. Independent “builders” deploy new perp markets that settle natively on Hyperliquid’s shared order book; each builder operates a named dex, and its markets carry the dex code as a prefix (xyz:NVDA is NVDA on the xyz dex). The markets on this page — including the Nasdaq-100 (xyz:XYZ100) and the S&P 500 (xyz:SP500) — are read from Keel’s hourly sync of the venue’s market metadata, so the caps and the live list above are the venue’s, not ours.
Equity perps fill a gap traditional finance does not: around-the-clock directional exposure to single names and indices, with leverage, settled on-chain, self-custodial, accessible from anywhere with a wallet. They are not a replacement for owning stock — no dividends, no voting — but they are a powerful instrument for hedging, paired trades, and short-horizon strategies.
Further reading: how to trade stocks on Hyperliquid (practical), stock perpetuals explained (mechanics), and Hyperliquid vs Robinhood (side-by-side).
| Venue | Product | Hours | Leverage | Custody | Settles |
|---|---|---|---|---|---|
| Hyperliquid (HIP-3 builders) | Perpetual | 24/7 | Up to 50x | Self-custody | On-chain (USDC) |
| Ostium / synthetic perps | Synthetic perpetual | 24/7 | Up to 50x | Self-custody | On-chain (USDC) |
| Kraken xStocks | Tokenized stock | 24/5 | Cash | Custodial | USDC redemption |
| Robinhood / brokerage | Spot stock | US market hours | ~2x margin | Custodial | USD |
| CFD broker | CFD | Extended hours | Broker-dependent | Custodial | USD / EUR |
Not investment advice. Each venue carries distinct counterparty, custody, and regulatory characteristics. Confirm current terms with the venue before trading.
HIP-3 is Hyperliquid’s permissionless market-deployment standard. It lets independent builders launch new perpetual markets — including single-stock and index perps — that settle natively on Hyperliquid. The stock and index perps on this page are deployed on the xyz builder dex; 110 of its markets are live as of the venue read below.
No. A perpetual contract gives you price exposure with leverage and funding, but no ownership rights, dividends, or voting. Use perps for short-to-medium-term directional trades, hedging, or paired strategies; use spot stock through a broker for long-term holding.
24/7 trading, self-custodial, on-chain execution, and up to 50x leverage on the highest-cap market (vs ~2x cash margin on Robinhood). Tradeoff: counterparty is the on-chain protocol rather than a regulated broker — read the venue’s terms before trading.
The perp price floats on the Hyperliquid order book 24/7. During US market hours, an oracle anchors the perp to the underlying spot price. Off-hours, the order book performs price discovery on its own, with funding rates pulling the perp back toward the oracle when markets re-open.
Some, especially off-hours. The perp can diverge from the last NYSE close, sometimes by a few percent during macro news. Funding pulls the perp back over time. For tight tracking, trade during US market hours when the oracle is active and liquidity is best.
Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Build a strategy that trades NVDA against funding regimes, a pairs trade between AAPL and MSFT, or a rotation across the whole HIP-3 equity-perp universe — then backtest, iterate, and deploy live with funding-aware execution.
Free to start. Connect a Hyperliquid wallet when you’re ready to go live; everything before that runs in the browser.