Zhipu AI (ZHIPU) on Hyperliquid

Price, funding and open interest

The Zhipu AI (ZHIPU) perpetual on Hyperliquid trades at $55.21, 2% higher than 24 hours ago, as of 2026-11-09 14:46 UTC. Hyperliquid trades it as a perpetual contract, so a position is a price bet with leverage, not shares of the company.

Price: $55.21
24h change: +2%
Funding per hour: -0.0015%
Open interest: $14.8M
24h volume: $6.2M
Max leverage: 10x

ZHIPU price outside local market hours

Zhipu AI shares trade on the Hong Kong Stock Exchange in HKD. The venue reads that price during 9:30 AM to 12:00 PM and 1:00 PM to 4:00 PM Hong Kong time (UTC+8), weekdays, and converts it to US dollars at the live USD/HKD rate. The Hyperliquid perpetual does not stop when the local market closes.

While the sessions run: The venue reads the share price, converts it to US dollars and uses it as the oracle price. The mark price on this page also reflects the perpetual's own order book.
Outside them, weekends included: No local price is available. The oracle price moves with Hyperliquid's own order book, pulled toward it with a 30 minute time constant, so Hyperliquid traders set the price until the local market reopens.
Holidays: The perpetual follows the local exchange's holidays. The venue publishes the dates.

Schedule and pricing rules from trade[XYZ]'s documentation, read 2026-11-03. The venue can change them. Sources: Hong Kong stock pricing, How the oracle price works, Holiday closures, Contract specifications.

Read 2026-11-09 14:46 UTC from Hyperliquid (market xyz:ZHIPU).

Questions

What happens to the ZHIPU price when the Hong Kong Stock Exchange is closed?

The venue reads the HKD share price during 9:30 AM to 12:00 PM and 1:00 PM to 4:00 PM Hong Kong time (UTC+8), weekdays, and converts it to US dollars at the live USD/HKD rate. Outside those sessions, weekends included, Hyperliquid traders set the perpetual's price.

What does the ZHIPU contract on Hyperliquid reference?

trade[XYZ]'s specification index, read 2026-11-03, says: "ZHIPU references 1 H-share of Knowledge Atlas Technology Joint Stock Company Limited (HKEX: 2513). The oracle converts the HKD share price to USD at the prevailing USD/HKD FX rate. The company, also known as Zhipu AI or Z.ai, develops AI models and applications."

Can you trade Zhipu AI on Hyperliquid?

Hyperliquid lists a perpetual contract on Zhipu AI (ZHIPU). It follows the price, so you get leveraged price exposure, not shares, votes or dividends. Whether you can trade it depends on where you live, and AlphaYou shows research only in the US and Ontario.

What is the ZHIPU funding rate on Hyperliquid?

The ZHIPU funding rate was -0.0015% per hour (about -13.2% a year) when read on 2026-11-09 14:46 UTC. Shorts pay longs. 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.

How big is the ZHIPU market on Hyperliquid?

Open interest in the ZHIPU perpetual was $14.8M and trading volume over the last 24 hours was $6.2M, with leverage up to 10x, read on 2026-11-09 14:46 UTC.

Is the ZHIPU price a reason to buy or sell it?

No. It reports where the perpetual traded at one moment, and it can move in either direction. This page is research, not investment advice.

How current is this ZHIPU data?

Prices were read from Hyperliquid on 2026-11-09 14:46 UTC and the page refreshes about every hour. Hyperliquid's own market page is the live source.