Megacap Tech Stock Perpetuals
Trade Apple, Microsoft, Alphabet, Amazon, and Meta with 24/7 perpetuals.
The megacap tech names dominate U.S. equity index weights and lead the market in both directions. Hyperliquid offers perpetual contracts on each of them, giving you 24/7 access to position around earnings, product launches, and macro moves.
All megacap perpetuals on Hyperliquid
| Deployer | |||||||
|---|---|---|---|---|---|---|---|
 Microsoft Corp MSFT· Technology | xyz | $501.3 | -0.89% | $51M | +0.0006% | 20x | Trade |
 Alphabet Inc GOOGL· Media | xyz | $345.59 | -3.43% | $41M | +0.0006% | 20x | Trade |
 Meta Platforms Inc META· Media | xyz | $598.94 | +0.46% | $38M | +0.0024% | 20x | Trade |
 Apple Inc AAPL· Technology | xyz | $304.75 | -1.27% | $11M | +0.0006% | 20x | Trade |
 Amazon.com Inc AMZN· Retail | xyz | $271.5 | -2.18% | $9.3M | +0.0006% | 20x | Trade |
How megacap perpetuals work
When you open a perpetual position you don't take delivery of the underlying asset. You're posting margin against a contract whose price tracks the underlying. Profits and losses are settled in USDC on Hyperliquid as the price moves.
Hyperliquid runs a fully on-chain order book with sub-second matching. Every trade, fill, and funding payment is verifiable on the Hyperliquid L1 chain. There are no off-chain matching engines, no withdrawal queues, and no custodian holding your funds.
Liquidiction routes orders through Hyperliquid as a builder code, which means you sign trades from your own wallet and Hyperliquid charges a small builder fee on close. Funding is paid hourly. Liquidations occur if your margin falls below the maintenance threshold.