LoadingLoadingLoadingThe silver perpetual on Hyperliquid trades at $52.13, 0.8% higher than 24 hours ago, as of . Open interest is $206.6M, 24 hour volume is $24.4M and funding is 0.0006% an hour (longs pay shorts). It is a perpetual contract that follows the price of silver, not an ounce of silver, and it keeps trading when the spot market is closed.
Longs pay shorts
Venue: Hyperliquid, the xyz dex run by trade[XYZ], market xyz:SILVER. Read . Refreshed about every hour.
The venue reads the silver spot price from Sunday 6:00 PM to Friday 5:00 PM ET, with a gap from 5:00 to 6:00 PM ET each day. The Hyperliquid perpetual does not stop: it trades all week and all weekend, and only the source of its price changes.
Schedule and pricing rules from trade[XYZ]'s documentation, read 2026-11-03. The venue can change them. Sources: Commodity pricing, How the oracle price works, Holiday closures, Contract specifications.
How far Hyperliquid's Silver perpetual moved from Friday 5:00 PM to Sunday 6:00 PM ET and in the next hour. The next hour follows the normal futures reopen. A price record, not a return and not the futures price. The last four of 30 recorded weekends, to Friday 2026-10-23; Hyperliquid data read 2026-10-26.
| Friday | Friday to Sunday | Hour after reopen |
|---|---|---|
| 2026-10-23 | +0.60% | -0.22% |
| 2026-10-16 | -0.33% | +0.86% |
| 2026-10-09 | +0.42% | -0.46% |
| 2026-10-02 | -0.09% | +0.70% |
| Market | Price | 24h change | Funding per hour | Open interest | Hyperliquid market |
|---|---|---|---|---|---|
| WTI Crude Oil | $90.02 | -0.3% | 0.0006% | $173.7M | xyz:CL |
| Brent Crude Oil | $97.16 | +0.089% | 0.0006% | $394.0M | xyz:BRENTOIL |
| Gold | $4,075 | +0.6% | 0.0006% | $302.6M | xyz:GOLD |
| Silver (this page) | $52.13 | +0.8% | 0.0006% | $206.6M | xyz:SILVER |
| Natural Gas | $3.10 | +1.3% | 0.0004% | $24.6M | xyz:NATGAS |
| Copper | $6.27 | -0.041% | 0.0006% | $8.5M | xyz:COPPER |
| Platinum | $1,538 | +0.9% | 0.0006% | $2.9M | xyz:PLATINUM |
| S&P 500 | $7,389 | -0.6% | 0.0006% | $386.2M | xyz:SP500 |
| XYZ100 | $26,983 | -1% | 0.0006% | $285.1M | xyz:XYZ100 |
| Palladium | $1,023 | -0.2% | 0.0006% | $2.1M | xyz:PALLADIUM |
| Diesel (ULSD) | $4.34 | +0.5% | 0.0098% | $119K | xyz:HO |
| Japan 225 | 58,186 | -0.6% | 0.0006% | $3.0M | xyz:JP225 |
| Korea 200 | 798.82 | -0.7% | 0.0068% | $1.0M | xyz:KR200 |
| NIFTY 50 | 24,903.00 | +0.2% | 0.0096% | $184K | xyz:NIFTY |
| EUR/USD | 1.1155 | +0.045% | 0.00000% | $31.1M | xyz:EUR |
| USD/JPY | 158.19 | -0.1% | 0.00000% | $33.0M | xyz:JPY |
| GBP/USD | 1.3346 | -0.2% | -0.0028% | $447K | xyz:GBP |
| SpaceX (SPCX) | $134.97 | +2.8% | 0.0006% | $162.9M | xyz:SPCX |
| Anthropic (ANT) | $97.00 | -6.7% | -0.0002% | $63.2M | xyz:ANT |
| OpenAI (OAI) | 1,328.0 | +0.075% | 0.0002% | $7.5M | io:OAI |
| Oura (OURA) | $48.33 | -0.6% | 0.00001% | $790K | xyz:OURA |
| Trader | Side | Size | Entry | Now | Open profit |
|---|---|---|---|---|---|
| Denim Osprey | Short | $4.4M | $61.46 | $52.13 | +$782K |
| Graphite Gull | Short | $245K | $81.26 | $52.13 | +$137K |
| Angular Cowslip | Long | $53K | $51.72 | $52.13 | +$415 |
| Opal Godwit | Long | $52K | $49.41 | $52.13 | +$3K |
| Leather Cypress | Short | $39K | $52.10 | $52.13 | -$24 |
| Charcoal Zinnia | Long | $31K | $51.64 | $52.13 | +$290 |
| Alabaster Islet | Long | $25K | $52.00 | $52.13 | +$59 |
| Polar Gull | Long | $25K | $51.39 | $52.13 | +$353 |
| Nautical Grebe | Long | $23K | $53.26 | $52.13 | -$501 |
| Indigo Crane | Short | $5K | $80.07 | $52.13 | +$3K |
| Cream Fell | Long | $3K | $53.33 | $52.13 | -$60 |
| Alabaster Tuna | Short | $550 | $52.03 | $52.13 | -$1 |
Entry is each trader's average entry, open profit is unrealized, and the latest price seen is $52.13. These are the tracked traders' own results, not what a copier would get.
The venue reads the spot price from Sunday 6:00 PM to Friday 5:00 PM ET, so it has no new price on weekends. Hyperliquid's perpetual keeps trading, and this page shows its latest price ($52.13, read ). On a weekend that price is set by Hyperliquid traders, not by spot trading.
Not exactly. While the spot market is open the venue uses its price as the oracle, but the mark price shown here also reflects the perpetual's own order book, so the two can differ. A perpetual has no expiry and carries a funding payment.
No. The contract references the spot price of one troy ounce of silver (XAG/USD), not a futures contract. An exchange's silver futures quote can differ from spot.
Hyperliquid lists a perpetual contract that follows the price of silver. You get leveraged price exposure with no expiry date, not an ounce of silver. Whether you can trade it depends on where you live, and AlphaYou shows research only in the US and Ontario.
The silver funding rate was 0.0006% per hour (about 5.5% a year) when read on . Longs pay shorts. Funding is a payment between longs and shorts every hour, not a fee paid to Hyperliquid, and it moves as the perpetual's price drifts from the market it follows.
Open interest in the silver perpetual was $206.6M and trading volume over the last 24 hours was $24.4M, with leverage up to 25x, read on .
No. Annualizing the current hourly rate illustrates that rate held constant for a year. Funding can change direction and magnitude. It is separate from entry and exit trading fees, and neither open interest nor trading volume tells you the cost of your own fill.
13 tracked Hyperliquid traders hold silver right now: 7 long ($213K) and 6 short ($4.7M). These are results of the wallets we track, not of anyone copying them, and the list changes within minutes.
No. It describes what tracked wallets hold at one moment. They enter and exit at different prices and sizes, so a crowded side is not a forecast. This page is research, not investment advice.
Positions and prices were read on from public Hyperliquid data and the page refreshes about every hour. Entry price is each trader's own average entry, and open profit is unrealized.