LoadingLoadingLoadingThe Direxion Daily Semiconductor Bull 3X Shares (SOXL) perpetual on Hyperliquid trades at $56.62, 27.8% higher than 24 hours ago, as of . Hyperliquid trades it as a perpetual contract, so a position is a price bet with leverage, not shares of the fund.
Longs pay shorts
The venue reads a US-listed fund's price across four sessions: pre-market 4:00 to 9:30 AM ET, regular hours 9:30 AM to 4:00 PM, post-market 4:00 to 8:00 PM and overnight 8:05 PM to 4:00 AM, from Sunday 8:05 PM to Friday 8:00 PM ET. The Hyperliquid perpetual does not stop at the close.
Schedule and pricing rules from trade[XYZ]'s documentation, read 2026-11-03. The venue can change them. Sources: US stock pricing, How the oracle price works, Holiday closures, Contract specifications.
Read 2026-11-09 23:21 UTC from Hyperliquid (market xyz:SOXL).
The venue reads the fund's price from Sunday 8:05 PM to Friday 8:00 PM ET, including pre-market, post-market and overnight sessions. From Friday 8:00 PM to Sunday 8:05 PM ET Hyperliquid traders set the perpetual's price.
trade[XYZ]'s specification index, read 2026-11-03, says: "SOXL references 1 share of the Direxion Daily Semiconductor Bull 3X Shares (NYSE Arca: SOXL), quoted in USD. The fund seeks daily investment results of 300% of the daily performance of the ICE Semiconductor Index, an index of the 30 largest U.S.-listed semiconductor companies; leverage resets daily."
Hyperliquid lists a perpetual contract on Direxion Daily Semiconductor Bull 3X Shares (SOXL). It follows the fund's price, so you get leveraged price exposure, not fund shares or distributions. Whether you can trade it depends on where you live, and AlphaYou shows research only in the US and Ontario.
The SOXL 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 SOXL perpetual was $41.8M and trading volume over the last 24 hours was $438.0M, with leverage up to 10x, read on .
No. It reports where the perpetual traded at one moment, and it can move in either direction. This page is research, not investment advice.
Prices were read from Hyperliquid on and the page refreshes about every hour. Hyperliquid's own market page is the live source.