By Keel Research Team · Updated May 9, 2026
Trade Nvidia (NVDA) as a perpetual contract on Hyperliquid — 24/7, on-chain, up to 20x leverage.
The NVDA perpetual on Hyperliquid tracks Nvidia common stock through an oracle price feed during US market hours, with hourly funding rebalancing the contract back toward the underlying. The market is deployed by TradeXYZ as a HIP-3 builder, settled in USDC, and accessible 24/7 — including overnight, weekends, and US holidays when traditional equity markets are closed. Liquidity, funding rates, and price action all happen on the Hyperliquid order book independent of NYSE. NVDA was one of the first single-stock perpetuals launched under HIP-3 in late 2025 and consistently sees high volume relative to other equity perps. Traders use it for around-the-clock directional bets on Nvidia, hedging spot exposure, or paired trades against indices and other semis. Leverage caps at 20x; margin requirements scale with position size per HL’s standard tiers.
Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Backtest a strategy that trades NVDA against funding, momentum, or rotation signals, optimize parameters across thousands of variants, 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 (TradeXYZ) | 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.
An oracle feeds the reference price during US market hours. Off-hours, the perp price floats freely on the HL order book — it can diverge from the last NYSE close, with funding pulling it back toward the oracle over time.
Funding is computed hourly from the gap between perpetual price and an oracle reference. When the perp trades above the oracle, longs pay shorts; below, shorts pay longs. The rate is small per hour (typically ±0.01% range) but compounds over a 24-hour period. The exact mechanics match Hyperliquid’s standard perpetual funding model.
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.
Up to 20x leverage on NVDA via TradeXYZ. Margin requirements scale with position size; check the order book and margin info page on Hyperliquid for live numbers.
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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