US500Indices
US500 perpetual$742.56▲ +0.75%(+$5.53)
Trade US500
↑ Long US500↓ Short US500Recent US500 trades
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If you put in $100...
Practiceat 5× leverage$500 of US500
1×25× max
If US500 ↑ 10%
+$50
If US500 ↓ 10%
−$50
Liquidated at −20%
Leverage cuts both ways. Real liquidations can fire before the thresholds shown here if maintenance margin is breached, so treat these as ballpark estimates rather than guarantees.
Related perpetuals
Worth knowing
Leverage cuts both ways.
- You can be liquidated in a single move if your losses exceed your collateral.
- Funding fees apply every hour, charged by whichever side is more crowded.
- You don't own US500 or any underlying claim — no dividends, no voting rights.
Speaking the language
Hover any term for a one-line explanation.
perpetual ?leverage ?liquidated ?funding rate ?mark price ?long ?short ?collateral ?slippage ?
Frequently asked questions
How do I trade US500 on Hyperliquid?
Click the Long or Short button on this page. You'll be taken to the Hyperliquid trade form for US500 perpetual where you can size the position, set leverage, and place the order. Settlement is in USDC, on-chain.
What is a US500 perpetual future?
A US500 perpetual is a contract whose price tracks the underlying US500 asset. It has no expiration date. You post margin in USDC and your profit or loss is the price difference between entry and exit, settled in USDC. The funding-rate mechanism keeps the perpetual price aligned with the underlying.
Do I own the underlying asset?
No. Trading a perpetual gives you exposure to the price; you don't own the underlying. You don't receive dividends, voting rights, or any claim on the asset. The position is purely a price bet settled in USDC.
Is this custodial?
No. All trading happens directly on Hyperliquid, a decentralized exchange. Liquidiction is a non-custodial frontend. You sign transactions from your own wallet.