By Keel Research Team · Updated October 2, 2026
Trade Meta Platforms (META) as a perpetual contract on Hyperliquid — 24/7, on-chain, self-custodial.
Venue facts read from Keel’s instrument table Oct 2, 2026, 21:40 UTC (hourly sync of Hyperliquid market metadata) · last listing change observed Oct 2, 2026, 21:00 UTC.
What it references (the builder’s own market note): META references 1 share of Meta Platforms, Inc. Class A common stock (Nasdaq: META), quoted in USD. Meta operates Facebook, Instagram, WhatsApp, and related advertising and computing businesses.
The META perpetual on Hyperliquid (xyz:META) tracks Meta Platforms common stock via oracle during US market hours and floats on the HL order book the rest of the time. It is a HIP-3 builder-deployed market. The perp gives 24/7 directional exposure to the Facebook / Instagram / Reality Labs complex — useful for trading around ad-spend cycles, AI-capex narratives, or regulatory headlines. META’s historical volatility runs higher than mega-cap peers (AAPL/MSFT/GOOGL), making it a popular single-name for directional rotational trades.
Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Backtest a strategy that trades META against funding, momentum, or rotation signals, change a parameter and re-run it, then deploy live with funding-aware execution and full risk controls.
Free to start — connect a Hyperliquid wallet when you’re ready to go live.
| Venue | Product | Hours | Leverage | Custody |
|---|---|---|---|---|
| Hyperliquid (xyz dex) | Perpetual (USDC) | 24/7 | Up to 20x | Self-custody |
| Robinhood / brokerage | Spot stock | US market hours | Margin (limited) | Custodial |
| CFD broker | CFD | Extended hours | Varies | Custodial |
Comparison shown for orientation. Not legal, tax, or investment advice. Confirm current product terms with each venue directly. See Hyperliquid vs Robinhood for a deeper side-by-side breakdown.
During US market hours the oracle anchors the perp to the cash Nasdaq price; off-hours, the perp price floats independently on the HL order book. META’s headline-driven moves (earnings, regulatory news, AI announcements) often happen after the cash market closes, leading to noticeable overnight drift between the perp and the prior cash close.
META on the xyz dex offers up to 20x leverage, read from the venue’s market metadata. The market can be held cross or isolated. Margin requirements scale with position size; the live cap and margin tiers are on the Hyperliquid market page.
Funding is computed from the gap between the perpetual price and an oracle reference: when the perp trades above the oracle, longs pay shorts; below, shorts pay longs. Core Hyperliquid perps settle funding hourly; a HIP-3 builder sets the schedule for its own markets, so confirm the cadence on the market page. The per-period rate is small but compounds over multi-day holds.
Hyperliquid perpetuals trade 24/7. Off-hours (overnight, weekends, holidays), the perp may diverge from the underlying spot price since traditional markets are closed and price discovery happens here. Funding pulls the perp back toward the oracle over time.
Yes. You connect a wallet (e.g. via Hyperliquid’s native UI or a builder app); keys never leave your control. Hyperliquid is a non-custodial exchange.
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